Flare staking enters phase 2, which will open validator staking on the Flare P chain to all network participants

According to ChainCatcher news, the smart contract platform Flare Network officially stated that staking has now entered the second phase, and will open validator staking on the Flare P chain to all network participants, and combine the verification role with the provision of decentralized data. It is reported that the Flare network is transitioning to a staking model in three phases.

As previously reported, in February this year, Flare completed a US$35 million private placement financing, with participation from Kenetic and others.