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Flare (FLR) $ 0.00644453 2.38%
Flare (FLR) to USD
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About Flare
Flare (FLR) is a Layer 1 blockchain designed to give decentralized applications secure access to data from other blockchains and the wider internet, thereby supporting cross-chain interoperability. Rather than functioning simply as a bridge, Flare provides native data protocols intended to make external data usable within smart contracts. The network uses a Proof-of-Stake consensus mechanism. FLR is used for transaction fees, validator staking, data provision through the Flare Time Series Oracle (FTSO), and governance. By combining smart contracts with decentralized data infrastructure, Flare aims to support more connected and data-rich dApps.