Flare
Layer 1

Flare

Flare Network is a unique layer-1 blockchain protocol designed to bridge the gap between blockchains and empower them with smart contract functionality and secure data feeds. It fosters interoperability and innovation within the DeFi (Decentralized Finance) space.

Chain

EVM

What is Flare?

Flare Network aims to revolutionize the way blockchains interact and operate. Here's how it breaks down silos:

  • EVM Compatibility & State Connector: Flare offers compatibility with the Ethereum Virtual Machine (EVM), allowing existing dApps to seamlessly leverage Flare's functionalities. Additionally, the State Connector enables secure communication with other blockchains and the internet, bringing valuable data into smart contracts.
  • Unlocking DeFi for All: Flare empowers any blockchain to participate in the DeFi ecosystem. By integrating with Flare, blockchains can offer smart contract capabilities and access to a wider range of DeFi applications without compromising their existing security model.
  • Data Delivery via FTSO: The Flare Time Series Oracle (FTSO) provides a decentralized and secure mechanism for delivering real-world data feeds to smart contracts on Flare and potentially other blockchains. This facilitates the development of data-driven DeFi applications.
  • Native Token (FLR): FLR serves as the native utility token of the Flare Network. It incentivizes participation in network security through staking and fuels various functionalities within the ecosystem.
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