![](https://figment.io/wp-content/uploads/2024/05/7950.png)
Flare (FLR)
Stake FLR
Market Data
MARKET CAP
STAKING REWARD RATE (SRR)
SRR isn’t always the most reliable metric for understanding your rewards. You can read more here
PRICE
AUTO-COMPOUNDING
REWARD FREQUENCY
ACTIVATION
WITHDRAWAL
SLASHING PENALTIES ENABLED
Highlights
Why Stake Flare With Figment?
![](https://figment.io/wp-content/uploads/2024/04/BLOCK-IMAGE-1.jpg)
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Layer 1 blockchain built on Ethereum Virtual Machine (EVM)
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Strong focus on interoperability through State Connector and FTSO
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State Connector enables decentralized data from external blockchains
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FTSO is a decentralized oracle for time-sensitive data like prices
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FLR is the native token used for staking, payments, and controlling spam
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Frequently asked questions
Flare FAQ
The native token on the Flare network is called FLR. The token is used to pay for transaction fees, participate in network governance, and staking in the Proof-of-Stake consensus mechanism.
View the Flare explorer here: https://flare-explorer.flare.network/
Staking Flare is instant. It takes up to 21 days to unstake from the moment you initiate the unbonding process. During this time you will not earn rewards. Once the process is complete, you can transfer/trade your FLR tokens.
PROTOCOLS
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