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Price
0.02260771 USD
% Change
4.68%
Market Cap
1.61B USD
Volume
12.7M USD
Circulating Supply
71.4B
Flare Network to Reduce SGB Inflation Rate
Flare Network has announced a reduction in the inflation rate of its two cryptocurrencies, FLR and SGB. The inflation rate of FLR has already been reduced from 10% to 7% of the circulating supply in July, a year after the network’s inception. This rate is scheduled to further decrease to 5% in July 2024.
Meanwhile, the inflation rate of SGB is set to decrease from 8% to 5% on September 22nd, marking two years since the launch of the network.
Event date: September 22, 2023 UTC
Flare ☀️
@flarenetworks
@flarenetworks
FLR Price Changes After Event Publication
1.02%
1 day
12.39%
2 days
103.31%
Now (Added 1 year ago)
The event is about to begin
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Sep 18 20:35 (UTC)
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