Flare staking has entered the second phase, which will open validator staking on the Flare P chain to all network participants

ChainCatcher news, the official smart contract platform Flare Network stated that the staking has now entered the second phase, which will open validator staking on the Flare P chain to all network participants, combining the validation role with providing decentralized data. It is reported that the Flare network is transitioning to the staking model in three phases.

Previous report, in February this year, Flare completed a $35 million private placement financing, with participation from Kenetic and others.