Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
The stablecoin is backed 1:1 and can be staked on the Flare blockchain.
Layer-1 Network Flare Raises $35M From Kenetic, Aves Lair
The round includes investment from Kenetic and Aves Lair.
Flare Network Will Burn 2.1B FLR to Support Ecosystem Health
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026.