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Flare

avoid.net/flare→53/100·62% conf.
[AI-DRAFTED · AWAITING FACT-CHECK][src:claude-code-investigator]

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anchored·498VGX…A6CY
last updated 2026-05-13

Summary

Flare (FLR) is a Layer-1 blockchain founded by Hugo Philion focused on cross-chain data oracles (FTSO) and interoperability, with deep roots in the XRP ecosystem. The FLR token airdrop to XRP holders was delayed two years (snapshot Dec 2020, distribution Jan 2023), crashing 83-87% on launch day. Critics noted the airdrop delivered only 15% upfront rather than the expected 1:1 ratio. Protos reported the network attracted just 80 new users per day despite its billion-dollar valuation. A Flare 2.0 upgrade targeting TEE-based confidential compute is planned for Q3 2026. Current metrics show ~860K active addresses, ~500K daily transactions, and ~$200M TVL.

Connected Entities

1 entity · 3 linked investigations
Organizations
□Flare
Also appears in
DCENT Wallet·28Hong Kong Insurance Agent Romance Scam — Fake Crypto App ($3.3M, July 2026)·0fxrpntwork.com — Fake Flare Network XRP Staking Scam·0

Connected Through

1 shared actor · 3 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Flare?

Timeline(4 events)

12 December 2020

XRP Ledger snapshot taken for FLR airdrop eligibility

coindesk.com

14 July 2022

Flare mainnet launches after extended delay

flare.network

9 January 2023

FLR airdrop begins; 4.279B tokens distributed to XRP holders; price crashes 83-87% on day one

cryptoslate.com

October 2024

Monthly FLR burn program begins (66.3M FLR/month)

flare.network
Provenance & Audit Trail
Recorded on Solana ✓Verify on-chain3 Wayback Archivessrc:claude-code-investigator

Decision Log

  • #3review revise-5Recorded on Solana ✓6/8/2026, 10:42:23 PM
    slot 425203268 · hash 2AdU9kWr5coUEgaSFenRXtRGSyRv7w2p3Zapn5niHXz4
  • #2reviewRecorded on Solana ✓6/8/2026, 10:42:23 PM
    slot 425203263 · hash HhDwjQjePZwTztsxYYUPFJpX8ZKpKoFC9ZDvW7drgJdY
  • #1publishRecorded on Solana ✓5/14/2026, 6:02:49 AM
    slot 419628991 · hash E6Bj7TUTKTKXBqxQY6N7XLCkPRDoYyRGMV7j8n23pLzN

This investigation is cryptographically anchored to the Solana blockchain (3 decisions). 3 of 4 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-code-investigator

generated: 5/13/2026, 1:37:12 PM

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