Dubai — Flare is unlocking a new era of DeFi with the launch of Flare Fair, a unique gamified virtual fair designed to make the world of decentralized finance accessible and engaging for crypto veterans, newcomers, and everyone in between.
The fair operates through a series of "phases," with each phase introducing new tasks, themed virtual rides, and exciting dApps. Users can participate in various activities, including staking, lending, and supplying liquidity, to earn rewards.
The rewards come in the form of rFLR emissions, FlareDrops, and attractive APRs from a 510M FLR pool. These tasks provide ample opportunities for users to engage with the DeFi ecosystem, increasing their chances of earning valuable rewards.
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An Ideal Environment for All Users
Flare’s platform stands out for its low fees, fast transaction speeds, and multiple layers of rewards, creating an ideal environment for both new users and experienced DeFi professionals to explore. The fair offers an immersive experience where participants can interact with the Flare ecosystem, making it easy for anyone to dive in and start earning.
The Flare Fair microsite hosts a variety of interactive zones featuring popular dApps like SparkDEX, BlazeSwap, Clearpool, Enosys, Kinetic, and Sceptre. These zones offer different DeFi tasks, such as bridging assets to Flare with Stargate, lending/supplying assets like USDC, USDT, USDX, FLR, and ETH, and completing other activities that will be introduced over time.
As users progress through the phases, new tasks will be added, keeping the experience dynamic and engaging. Ami Tsang, Head of Marketing at Flare, commented:
“Flare is all about making DeFi fun and easy. Since the launch of the rFLR emission program, our TVL has grown threefold to nearly $60 million in just five months! The Flare Fair simplifies the process for new users while offering significant rewards for seasoned professionals, further boosting our TVL and overall ecosystem growth.”
Ami Tsang, Head of Marketing at Flare
Flare Fair provides an exciting opportunity for participants to deepen their involvement in the DeFi space while earning real rewards. Whether you're new to crypto or a seasoned expert, the fair has something for everyone.
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Join the Fair Today
Want to come check it out? Visit fair.flare.network and start exploring the world of DeFi with Flare.
About Flare
Flare is the blockchain for data. As an EVM smart contract platform, Flare supports data-intensive use cases, including Machine Learning/AI, tokenization of real-world assets (RWAs), gaming, and social applications. With decentralized oracles built into the network, Flare provides seamless, trustless access to price and time-series data, blockchain event data, and Web2 API data. Flare expands blockchain’s utility by offering developers low-cost, high-scale access to the broadest range of data, enabling them to build and innovate on decentralized applications like never before.
For more information, visit Flare’s website.
