Flare launches Flare Fair, a virtual DeFi fair

#flare (FLR), a layer-1 (L1) blockchain data platform, has announced the launch of Flare Fair, a gamified virtual fair designed to showcase the network’s potential in decentralized finance (DeFi), as outlined in the reports sent to Finbold on Friday, February 7

Operating in phases, the fair will continuously present new tasks, themed virtual rides, and decentralized applications (dApps), offering participants a chance to earn rewards such as rFLR emissions, FlareDrops, and high-yield annual percentage rates (APRs).

Users can likewise unlock additional rewards, including rFLR emissions drawn from a 510 million FLR pool, by staking, lending, or supplying liquidity on Flare’s featured platforms.

Additional tasks, challenges, and trading opportunities will be announced and introduced in the near future.

With low fees, high transaction speeds, and multi-layered incentives, Flare Fair is envisioned as both an accessible entry point for newcomers and a platform for more experienced traders looking for more opportunities to optimize their strategies.