Flare Network Heats Up With 66 Million $FLR Token Burn, Bringing Total to Near 400 Million

The Flare Network, a layer-1 Ethereum Virtual Machine-compatible blockchain, has significantly reduced the circulating supply of its native $FLR tokens, recently burning 66 million FLR in a move meant to reduce its supply. In a recent update shared by the team behind the project, it was revealed 66 million FLR tokens were burned, pushing the…