What is the issuance amount of Flare coins?

The initial issuance of Flare coins is 100 billion, including: 1. 18 billion pre-mined to reward early contributors and development teams; 2. 45 billion Spark airdrops, distributed proportionally to December 12, 2020 Users who currently hold XRP; 3. Long-term incentives of 37 billion are used to reward contributors such as miners and verifiers.

Issuance of Flare Coin

The initial issuance of Flare Coin is 100 billion pieces, of which :

• Pre-mining: 18 billion pieces
• Spark airdrop: 45 billion pieces (airdropped to XRP holders)
• Long-term incentives: 37 billion (for network security and governance)

Pre-mining instructions:

Pre-mining The 18 billion Flare coins mined are used to reward early contributors and development teams of the network. These tokens will be unlocked in phases and used to support the launch and growth of the network.

Spark Airdrop Description:

The Spark Airdrop airdropped 45 billion Flare coins to users who held XRP before December 12, 2020. The number of airdrop tokens is prorated based on the amount of XRP held by each user on that particular date.

Long-Term Incentive Description:

The long-term incentive of 37 billion Flare coins is designed to reward miners, validators and others who contribute to the network. These tokens will be gradually released over time to encourage continued participation and security of the network.

The issuance of Flare coins has been carefully designed to ensure the decentralization, security and reward of early participants and contributors to the network.

Flare Price Increases

As of 13:00 on September 29, 2024, the price of Flare (FLR) is $0.01597, with a 24-hour trading volume of $6.14 million .

Price Moving Factors

• Flare’s price increase is driven by the market’s growing confidence in Flare’s vision and technology infrastructure.
• Investors expect Flare to facilitate the development of new projects and improve existing protocols.

Future Price Movement

Flare’s long-term price movement depends on market confidence in the technology and adoption of the Flare ecosystem.

Recommendations for Action

• Research the Flare project and team before investing.
• Consider market sentiment and industry trends.
• Diversify investments and control risks.

Short Term Forecast

• In the short term, Flare’s price is expected to be volatile, but the long-term outlook is promising.

Indicators

• Current Price: 0.01597 USD
• 24 Hour Volume: 6148812.89 USD
• Circulation Market value: US$774108887.38
• Circulation volume: 48464175852.479 FLR
• Total supply: 48464175852.479 FLR

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