Flare Proposes FLR Overhaul with MEV Capture and Inflation Cut

TLDR Flare plans to reduce FLR inflation from 5% to 3% under a new governance proposal. The proposal introduces FIRE to manage revenue from protocol-level MEV capture. Flare aims to shift block building to a controlled model to retain network value. The network proposes raising gas fees to increase annual token burn levels. Governance voting [...]

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