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Flare operates as a Layer-1 network with a primary focus on enhancing blockchain interoperability. It facilitates seamless communication between different blockchains and empowers blockchain projects by extending smart contract functionality to those that lack it.
Flare ensures network security through a combination of the Avalanche consensus and a proof-of-stake system.
Anyone can deploy a Flare validator and participate to the consensus of the Flare blockchain with the minimum FLR tokens required.
Flare's validators do not only validate transactions, they are also designated as Infrastructure Providers, actively participating in decentralized data provisioning for the network.
Reach out to us to know how to stake LFR with Kiln.
Detailed information about Kiln validators can be found here.
Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation and a share of transaction fees. You help secure the network and get rewarded by staking your FLR.
If you do not stake, your asset's token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.
As an incentive for helping to safeguard the network, you can get rewarded with up to a 7% GRR* from each FLR validator you stake on Kiln.
(source: https://protocolstaking.info/)
Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake FLR, and to whitelabel FLR staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data, and commission management.
Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B custodian, a crypto exchange, or just their favorite investment app. Kiln makes staking FLR easy, secure, and accessible to everyone.
We are serving thousands of businesses worldwide so that everyone can securely and seamlessly: