Blockchain for data Flare is opening the gates to its Flare Fair, a gamified virtual fair built specifically to highlight Flare’s DeFi opportunity for crypto natives, beginners, and professionals alike.
The fair’s microsite operates continuously in “phases,” with each phase providing new tasks for users, offering themed virtual rides, and giving access to new dApps where users complete tasks and earn rewards The rewards consist of various Flare bounty such as rFLR emissions, FlareDrops, and high APRs, with the tasks including staking, lending, or supplying liquidity for platforms on Flare Network featured on the site. The interactions increase the potential for rewards, including the rFLR emissions pulled from a 510M FLR pool.
With low fees, fast transaction speeds, and various layers of rewards, the fair is an opportunity for new community members to fully immerse themselves in a true DeFi ecosystem, and for experienced professionals to maximize the potential rewards for their efforts.
The zones within the fair are interactive, and community members can visitfair.flare.network to discover unique zones with dApps like SparkDEX, BlazeSwap, Clearpool, Enosys, Kinetic, and Sceptre. The types of tasks to complete vary within the DeFi theme, and include bridging to Flare with Stargate; lending/supplying assets such as USDC, USDT, USDX, FLR, ETH; and other tasks that are added over time.
“Users are encouraged to participate in different pools, which they can claim monthly at portal.flare.network,” according to Ami Tsang, Head of Marketing at Flare. “ Doing DeFi on Flare should be fun and easy. Since the introduction of the rFLR emission program, Flare’s TVL has climbed 3x to approximately $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 are deemed to boost our TVL and ecosystem growth.”
Join the fair now at fair.flare.network.
About Flare
Flare is the blockchain for data: an EVM smart contract platform specifically designed to support data intensive use cases, including Machine Learning/AI, RWA tokenization, gaming and social. With decentralized oracles enshrined in the network, Flare is the only smart contract platform optimized for decentralized data acquisition – price & time series data, blockchain event & state data, and Web2 API data. By giving developers trustless access to the broadest range of data and data proofs at scale and for minimal cost, Flare expands the utility of blockchain and supports the development of new and improved use cases.
Flare official website: https://flare.network/
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