
Flare published a governance proposal Thursday to capture maximal extractable value (MEV) at the protocol level, routing revenue into token economics. The three-stage plan moves block building to designated builders and confidential compute. Annual FLR inflation drops to 3% from 5%, with hard cap cut to 3 billion tokens yearly. Base gas fees increase 20-fold to 1,200 gwei, raising estimated annual FLR burns to 300 million.