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Flare Opens Flare Fair: New Opportunities for DeFi Participants

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by A1

3 hours ago


Flare introduces a virtual fair, Flare Fair, designed to showcase Flare's capabilities in DeFi for crypto enthusiasts of all levels.

Getting Started with Flare Fair

Flare Fair is a gamified virtual fair meant to promote DeFi possibilities on the Flare platform. Participants can complete tasks, access decentralized applications, and earn various rewards. The fair's microsite offers new activities and themes in each 'phase'.

Rewards and Opportunities in DeFi

Fair visitors have the chance to earn rewards including rFLR emissions, FlareDrops, and high annual percentage rates (APRs). This requires actions like staking, lending, or providing liquidity on Flare network platforms. Available dApps, such as SparkDEX, BlazeSwap, and others, offer the use of various cryptocurrencies to boost reward potential.

Participants are encouraged to join different pools and claim rewards monthly at the portal, says Ami Tsang, Head of Marketing at Flare. Flare Fair simplifies DeFi participation and promotes ecosystem growth.CITE_W_A

Flare's Role in DeFi Growth

Flare is a blockchain platform for data processing, designed for data-intensive use cases such as machine learning and AI. Flare provides developers with data access and proofs, increasing blockchain technology utility and enabling new use cases.

Flare Fair provides new opportunities for DeFi participants and supports Flare's ecosystem growth through innovative tasks and rewards.

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