# Flare (FLR): D-Score 43/100 — Moderately Decentralized

**BlockIndex D-Score: 43/100 (Moderately Decentralized).** Flare (FLR) is a Layer 1 cryptocurrency using PoS consensus. Flare: EVM-compatible Layer-1 integrating enshrined oracle (FTSO) and State Connector for secure cross-chain data.

_Source: https://blockindex.ai/coin/flr · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 43 |
| Node distribution | 10 |
| Initial distribution | 0 |
| Governance | 17 |
| Age and history | 11 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: PoS (N/A)
- Launch: Other (2022)
- Founder: Hugo Philion, Sean Rowan, Dr Nairi Usher
- VC funded: No
- Max supply: N/A
- Circulating: 86,536,114,770

## Market data (as of 2026-06-19)
- Price: $0.01
- Market cap: $635.8M
- 24h volume: $2.71M
- 24h change: -1.41% · 7d change: -1.67%

## About
Flare is an EVM-compatible Layer-1 blockchain designed to broaden the expressive power of smart contracts by natively integrating high-integrity off-chain and cross-chain data. The project centres on two enshrined protocols — the Flare Time Series Oracle (FTSO) and the State Connector — which together provide decentralized price/time-series data and verifiable cross-chain/web2 event attestations. Flare launched mainnet on 2022-07-14 and subsequently began a public Token Distribution Event (TDE) on 2023-01-09; its native token FLR is used for transaction fees, staking, and participation in the protocol’s economic mechanisms. The network emphasizes compatibility with mainstream EVM tooling (Hardhat/Foundry, MetaMask integration) while offering native primitives for oracles and event attestation that aim to simplify cross-chain dApp development.

Technically, Flare runs an EVM-based execution environment with a validator/staking model and an extensive ecosystem of independent data providers that secure the FTSO. The FTSO aggregates decentralized price and time-series data from many providers and distributes inflationary rewards to providers and delegators. The State Connector provides an on-chain mechanism to ingest and attest external events from other blockchains and web sources, enabling smart contracts to respond to verified occurrences outside Flare. Block timings on Flare are fast (average ~1.7 seconds) and the chain demonstrates high throughput and substantial historical transaction volume, enabling EVM dApps to operate with low latency while leveraging the oracle and connector primitives for cross-chain logic.

Flare’s use cases focus on oracle-backed DeFi, cross-chain asset integrations (FAssets/WFLR), and dApps that require reliable external-event triggers. The wrapped variant WFLR (an ERC-20 representation minted by depositing native FLR) enables participation in on-chain delegation to FTSO providers and seamless integration with EVM-native DeFi tooling. The network’s economic design provides inflationary issuance to incentivize oracle providers and validators: year-one inflationary issuance was documented and distributed primarily to FTSO providers/delegators (70%), validators (20%) and State Connector attesters (10%), creating explicit reward flows that support data integrity and network security. Flare’s market presence — listings on major centralized exchanges and visibility on aggregator pages — supports liquidity for on-chain activity and developer adoption.

Governance and organizational arrangements are partly token-mediated: governance participation can be accomplished through WFLR delegation, but the provided materials do not describe a mature on-chain DAO controlling the treasury. The project references a foundation and genesis allocations (100 billion total available supply at genesis, with an immediate circulation snapshot during the TDE), and team roles are documented with named individuals contributing as CEO, CTO and Chief Scientist. Development activity is visible in public developer documentation and GitHub repositories referenced in the sources, and roadmapped items include Protocol Managed Wallets and explorations into verifiable compute. Overall, Flare positions itself as a developer-friendly EVM L1 that embeds decentralized oracle and cross-chain event functionality to enable a new class of composable applications.

## Links
- Website: https://flare.network/
- Whitepaper: N/A
- GitHub: https://github.com/flare-foundation/flare-ai-kit

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore