STP.02 was approved by the Songbird community in February 2023. This sanctioned the implementation of a second wider reward band for Flare Time Series Oracle data providers on the Songbird canary network. The objective was to support increased decentralization of the system by increasing the number of data providers…

STP.04 proposes updating the price pairs provided by the Flare Time Series Oracle to better match the current and expected data needs of developers on the network. The Flare Time Series Oracle delivers highly-decentralized price and data feeds to dapps on Flare, without relying on centralized providers. There are separate…

Flare, a Layer 1 blockchain that gives developers decentralized access to high-integrity data from other chains and the internet, has integrated its API Portal on Google Cloud Marketplace, launching some of the first blockchain APIs to be available on the platform. This allows blockchain data from Flare’s nodes and Connected…

New functionality has been launched on Flare that enables automatic claiming of Flare tokens without user input. Automatic claiming, also known as “autoclaiming”, enables the appointment of an executor to claim FTSO Delegation Rewards and the FlareDrop Distributions as soon as they become available. The executor charges a small fee…

The introduction of a secondary reward band is designed to support increased decentralization of the Flare Time Series Oracle (FTSO). The original system only rewarded data submissions that were as close as possible to the vote-power-weighted median price. This resulted in extremely tight reward bands where only about 25% of…

A series of 36 monthly FlareDrops totalling 24.2 billion FLR can be claimed by active Flare community members who have wrapped their Flare tokens. Eligibility criteria A wallet must have held Wrapped FLR (WFLR) for the 23 days before each claim day to be eligible to claim a portion of that month’s…

The partnership signals Flare’s drive to support builders and enhance dApp utility. Covalent, a Web3 data provider trusted by a community of 40,000+ developers and powering data for 5,000+ applications, announced today a partnership with data-focused Layer-1 blockchain Flare to enhance its existing blockchain analytics offerings. As dApp developers and…

February 23rd 2023, Dubai, UAE. The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on…

The Flare community has approved the first Flare Improvement Proposal with a 93% majority and a 17% voter turnout. FIP.01 was designed to better align Flare’s tokenomics with the ambitions of the Foundation to address blockchain’s utility and interoperability issues. …