*Inflation figures shown here reflect circulating (market) inflation and may differ from a coin’s projected, policy (planned) inflation.
What is Flare-networks?
Flare Networks is a scalable layer-1 blockchain that brings smart contract functionality to non-Turing-complete assets like XRP and DOGE through F-Assets and the FlareVM. It uses the Flare Consensus Protocol and the Spark (FLR) token to enable DeFi, cross-chain interoperability, and programmable logic across popular tokens. By bridging these assets with smart contracts, Flare aims to unlock new use cases and liquidity for mainstream crypto assets.
Why does Flare-networks have inflation?
Flare Networks has inflation to reward network security and participation; new FLR tokens are minted as incentives for validators and other ecosystem participants, helping secure decentralization and ongoing development. The inflation rate is governed on-chain by governance and can be adjusted over time.
How is Flare-networks inflation calculated?
Flare-networks inflation is calculated by comparing the circulating supply from one year ago to today’s supply. The percentage increase in supply over that period is the annual inflation rate. Learn more in our guide: What is cryptocurrency inflation?.
How is Flare-networks emission calculated?
Flare-networks emission refers to how new coins enter circulation, usually through mining or staking rewards. The emission rate depends on the project’s monetary policy and block reward schedule. Learn more in our guide: What is cryptocurrency emission?.
