Past· By 30 JunTokenomics

Base Fee Increase

Low4.0

◆ Description

The FIP.16 burn-related change raises the base gas fee from 60 gwei to 1200 gwei, increasing FLR burned through transaction fees.

◆ Why it matters

This increases FLR burned on each transaction, which tightens supply pressure through an existing tokenomics mechanism. The effect on valuation stays contained because the actual burn impact depends on future network activity and the update does not show a large, immediate supply shift.

◆ Linked coin (1)

FLR

Flare

Rank #70$0.0065▲ +1.37%

◆ Proof

Source: x.com
Added to CoinMarketCal: 22 Jun 2026
Last updated: 25 Jun 2026

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Base Fee Increase

◆ Description

◆ Why it matters

◆ Linked coin (1)

FLR

◆ Proof

◆ Build with us

Discover — events & news

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