What is FLR?
FLR is the Flare network's own token. Think of it as the network's fuel and its voting card.
What FLR is used for
FLR and its relatives
- FLR
The token itself. Sits in your wallet and pays fees.
- WFLR (wrapped FLR)
The same value in a form apps can use. You wrap FLR to delegate it, and can unwrap any time.
- SGB (Songbird)
Token of Songbird, Flare's separate test-in-production network. Not the same as FLR.
Earn rewards: wrap and delegate
Flare's built-in price feeds are run by data providers. When you delegate your wrapped FLR to them, you help secure the network and earn a share of the rewards. Your tokens never leave your wallet.
- 1Open the Flare Portal
Connect your wallet at the official Portal.
- 2Wrap some FLR
Turn FLR into WFLR. Keep some plain FLR for fees.
- 3Delegate
Choose data providers to delegate your WFLR to.
- 4Claim rewards
Come back regularly to claim what you've earned.
Sources: Plisio: Flare Network after three years · Flare enters FLR utility era after 36-month FlareDrops
These prices come straight from the Flare Time Series Oracle (FTSO), a price feed built into the network itself.