Genesis of Flare mainnet occurred on 14 July 2022, followed by the public token distribution event (TDE) on 9 January 2023.
Total available supply at genesis was 100 billion FLR, of which 12 billion FLR were in circulation immediately after TDE.
The public token distribution continues for 36 monthly installments providing a total of 28,524,921,372 FLR to the community.
Flare is an inflationary network with 10% of circulating supply minted in year 1. These freshly minted FLR are provided to Flare Time Series Oracle data providers and the token holders that delegate to them (70%) to secure the decentralized provision of price data to the network, validators (20%) and State Connector attestation providers (10%).