TechFlow reports, according to CoinDesk, Layer1 blockchain Flare Network will burn 2.1 billion FLR tokens (over 2% of the total FLR supply) to support the development and overall health of its ecosystem.
Approximately 198 million FLR will be burned immediately, with an additional 66 million FLR to be burned monthly until January 2026.
The portion of tokens slated for burning had previously been allocated to early supporters of Flare, but will no longer be distributed.




