Over 67% of the FLR circulating supply is now securing the network through staking and delegation.
No single provider controls more than 3.3%, ensuring strong decentralization within the Flare ecosystem.
Flare Network has made another surprise. This time, the network has managed to set a new record in terms of staking participation and FLR token delegation. A total of around 27 billion FLR have been delegated, and another 8.5 billion are locked in staking.
If calculated, that number covers around 67% of the total circulating supply. Not a small number of course. Interestingly, no single provider dominates. No one controls more than 3.3%. For a network that carries a mission of decentralization, this achievement is a kind of silent validation that they are on the right track.
Flare just hit an all-time high for staked + delegated FLR.
~ 27B FLR delegated~ 8.5B FLR staked
That’s ~67% of total circulating supply securing the network — and no single provider holding more than 3.3%
