HomeCrypto GamingFlare Network Will Burn 2% of Total Token Supply to Support Ecosystem

Flare Network Will Burn 2% of Total Token Supply to Support Ecosystem

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“We are very happy to have reached an agreement with our shareholders and thank them for their support,” Hugo Philion, CEO and co-founder of Flare, mentioned in an announcement. “Without this burn, the investors would be able to claim approximately 3x their original allocation through the FlareDrops, unfairly diluting community holdings.”

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