Flare Launches 2.2B FLR Incentive Program to Boost FAssets and Institutional DeFi

cryptonews.net 01/07/2025 - 19:47 PM

Flare Networks FAssets Incentive Program

Flare Networks has announced the FAssets Incentive Program, distributing approximately 2.2 billion FLR to enable the adoption of FAssets and build a modular DeFi infrastructure. The program is set to take place between July 2025 and July 2026 and aims to promote institutional-grade DeFi capabilities on Flare, focusing on protocols, assets, and liquidity pools.

> Get ready ☀️
> The FAssets Incentive Program launches with 2.2B FLR to fuel FAssets adoption & bring institutional-grade DeFi to Flare.
> Validation is clear: Uphold’s & ViVoPower’s $100M commitments signal prime time for @FlareNetworks, and we’re ready to set the stage for XRPFi.
> — Flare ☀️ (@FlareNetworks) July 1, 2025

This initiative is the second phase following the FIP.09 approval in mid-2024, which allocated 510 million FLR in rFLR to enhance decentralized exchange liquidity, stablecoin infrastructure, and lending markets. This has contributed to a substantial increase in its Total Value Locked (TVL), now exceeding 150 million, up from 9.95 million.

Flare Focuses on Core DeFi Verticals

The incentive program will concentrate on four main areas of DeFi: DEX liquidity, lending protocols, collateral debt positions, and yield derivative platforms. Dynamic rewards will favor well-performing platforms based on TVL maintenance, liquidity depth, and cross-chain asset usage.

The Flare Foundation has reserved 20% of the total FLR supply or 20 billion FLR for cross-chain incentives. However, little has been distributed, as the remaining 19.4 billion FLR indicates a cautious distribution approach. This selective strategy helps Flare avoid over-inflation and dilution of ecosystems.

Structured Distribution with Community Oversight

The rFLR will be distributed through the rNAT contract within the program. Incentives will be provided in 30-day periods with a clear vesting schedule, ensuring continuity and transparency in tracking rewards.

The incentive pool is capped at 2.2 billion FLR, and actual distributions will depend on developer activity and protocol impact. Any undisbursed FLR will be reserved for future ecosystem projects. Additionally, Flare aims to enhance LTV chain visibility of wrapped FLR (wFLR), enabling holders to track their contributions and influence within their selected ecosystems via analytics platforms.




Comments (1)

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    Sani Bala

    05:52 - 02/07/2025

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