Flare Retention and Revenue Metrics

Originally published on Twitter.

In order to claim monthly FlareDrops and earn rewards by delegating to the FTSO, users on Flare must first wrap their $FLR.

Onchain data shows there are >10M $FLR being wrapped every single day.

This is a very positive sign of engagement from Flare’s community.

The FTSO is Flare’s native oracle that provides decentralized data and rewards to the network.

Every 3.5 days, large amounts of $WFLR are being claimed as FTSO delegation rewards.

This shows the FTSO is consistently generating rewards for active network participants.