According to official news, Flare announced an agreement with some early supporters (including Kenetic, Aves Lair and other institutions) to reduce FLR’s excess liquidity, increase capital inflows of the Flare DeFi protocol, and bring new investment funds to the Flare ecological project .
These backers voluntarily extended their token vesting period from 2024 to the first quarter of 2026 and agreed to limit token sales to 0.5% of average daily trading volume over 30 days.
To support the continued growth of the ecosystem and provide additional incentives for builders, these backers have also committed to reinvesting at least 50% of all token sale proceeds into the Flare ecosystem over the next two years. At current market valuations, potential reinvestment in the ecosystem would be $35 million.