TechFlow reports that L1 project Flare Network has proposed FIP.09, allocating an initial 510 million $FLR from its 20 billion incentive pool to attract builders and support liquidity on Flare—marking the first distribution of tokens from the incentive pool. Future governance proposals will require community approval for the release of the remaining incentive pool. A six-member "Disbursement Committee," composed of both Flare and non-Flare representatives, will oversee directing disbursements to dApps and protocols building on Flare.
The committee may allocate any amount up to a monthly maximum; voting will begin Friday, June 28.
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