🔥 The developer of the Flare blockchain announced that it will support ecosystem development and overall health by burning 2.1 billion FLR tokens! 😂

🚀 More than 2% of the total FLR supply will be permanently removed from circulation, preventing dilution of community token ownership and increasing incentives for new users to join the network. 🌐

💰 Approximately 198 million FLR will be burned immediately and another 66 million will be burned every month until January 2026. At current prices, the total value of the tokens to be burned will be around $20 million. 🤑

🤔 So, do you think this burning process will further strengthen the Flare network? We are waiting your comments! 📢#DeFi#Web3