Used for gas fees (100% burned), PoS validator staking, FTSO oracle delegation, governance voting, and FAssets collateral pools. Total genesis supply: 100 Billion.
Tokens
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FLR
The native Layer 1 token of Flare Network.
Related terms
- SGB (Songbird)The native cryptocurrency of the Songbird canary network.
- SparkThe original name for Flare's native token, officially renamed to FLR in 2022.
- TDE (Token Distribution Event)The initial token distribution event held on January 9, 2023.
- FIRE (Flare Income Reinvestment Entity)Autonomous protocol entity routing network revenues into open-market FLR buyback and burns.
- FlareDropsThe 36-month public distribution program completed in January 2026.
- WFLR (Wrapped FLR)ERC-20 wrapped version of native FLR used for DeFi and delegation.