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Flare Network (FLR) Indicates Exact Mainnet Dates for First Time Ever

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Sun, 04/18/2021 - 15:21
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Vladislav Sopov
Flare Network engineers tasked with the development of Flare (FLR), much-anticipated EVM-compatible blockchain, shed some light on its launch in mainnet
Flare Network (FLR) Indicates Exact Mainnet Dates for First Time Ever
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The long-awaited mainnet launch of Flare (FLR) blockchain will come at the end of June. Anyone who bet there would be a caveat is right.

Approaching secure launch of Flare (FLR) mainnet

According to the official announcement by Flare Networks, the development team behind Flare (FLR) blockchain, 5-6 weeks remain before the inception of Flare’s mainnet operations.

Flare Networks shared the dates of its mainnet
Image via Twitter

Correspondingly, FLR tokens will be distributed between mid-June and mid-July. The team stressed that this period will allow for the distribution of coins in a safe manner.

The exact day and time of FLR distribution will depend on when the last stages of security testing are completed.

As covered by U.Today recently, Flare (FLR) is currently undergoing extensive testing within the second iteration of its testnet, Coston.

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Flare Networks (FLR) Launches Coston 2 Testnet While Impersonation Scams Are on Fire

The first phase of mainnet was terminated due to issues with Metamask synchronization. Its nodes were updated to version v1.3.1 of the Avalanche (AVAX) consensus.

DeFis. NFTs are waiting for Flare

Thus, Flare networks is almost on track to follow its previous mainnet roadmap. Earlier, its CEO, Hugo Philion, mentioned May 2021 as the target month for the start of operations.

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Flare Networks CEO Hugo Philion: Spark (FLR) Not to Be Security

Meanwhile, the project has already gathered a solid ecosystem around its instruments. Its pioneering DeFi Flare Finance (DFLR) now has its airdrop supported by major exchange, Bitrue.

Also, Sparkles NFT platform confirmed its plans to utilize Flare as a core technology environment for its business.

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About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)