Welcome back to Mickey B Fresh’s series on the Flare Network! In Episode 2, Mickey discusses the functions and economics behind the Spark (FLR) token. FLR is the native asset of the Flare Network. It serves as collateral for the minting of f-assets. Additionally, it possesses two detachable votes that allow it to be used for data estimates to the FTSO and in governance voting on parameters like the inflation rate, f-asset collateral ratio, and creation fee for f-assets.
Video Date: 1/29/21