Flare (FLR), a Layer-1 (L1) Blockchain-Dataplatform, has announced the launch of Flare Fair, a Gamified Virtual Beurs designed to show the potential of the network in decentralized finances (Defi), as explained in The reports sent to Finbold on Friday 7 February
The stock market operates in phases and will constantly present new tasks, virtual journeys with theme programs and decentralized applications (DAPPs), giving participants the opportunity to earn rewards such as RFLR emissions, flaredrops and annual percentages (APRs).
Users can also unlock additional rewards, including RFLR emissions drawn from a 510 million FLR -Pool, by expanding, borrowing or delivering liquidity on the recommended platforms of Flare.
Additional tasks, challenges and trade opportunities will be announced and introduced in the near future.
Flare stock
With low costs, high transaction speeds and multi -layered stimuli, Flare Fair becomes both an accessible access point for newcomers and a platform for more experienced traders who are looking for more opportunities to optimize their strategies.
Ami Tsang, head of marketing at Flare, encouraged users to participate in the stock market and noticed the growth of the platform and the convenience of access in particular:
“Users are encouraged to participate in different pools, which they can claim every month on Portal.flare.network. Defi on flare should be fun and easy. Since the introduction of the RFLR emission program, Flare’s TV has risen 3 times to around $ 60 million in just five months! With the opening of the Flare Fair, the steps for participation in Flare Defi will be greatly simplified and they are supposed to stimulate our TVL and ecosystem growth. “
Those interested in the fair can explore various interactive zones on the official page of Flare, where they will find daps such as Sparkdex, Blazeswap, Clearpool, Enosys, Kinetic and Scepter.
The upcoming tasks will vary from bridging to flare up with Stargate to loans and delivering assets such as USD Coin (USDC), Tether (USDT), Ethereum (ETH) and of course FLR.
