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Flare (FLR) is a decentralized blockchain platform designed to enable cross-chain interoperability and bring smart contract functionality to non-smart contract blockchains.
By integrating with networks like Bitcoin and XRP, Flare allows these chains to access decentralized finance (DeFi) applications and other smart contract capabilities.
Utilizing the Avalanche consensus protocol, Flare ensures scalability, security, and fast transaction finality.
The FLR token powers the network, providing incentives for validators, staking rewards, and participation in governance.
Flareās vision is to enhance blockchain adoption by unlocking the potential of existing assets and enabling seamless cross-chain communication in the decentralized ecosystem.
See project homepage: flare.network
See also: Flare Network