A new liquid staking protocol for the Flare blockchain is starting in private beta

Flare, a new liquid staking protocol for the ‘blockchain of data', has launched in private beta.

Designed to maximize FLR production, Stepper allows users to use their tokens in DeFi protocols while continuing to claim native Flare rewards and monthly FlareDrops.

The Scepter protocol was developed by Rome Blockchain Labs (RBL), which is developing the simultaneous lending and borrowing platform Kinetic. The two protocols work hand-in-hand to maximize FLR encryption functionality.

Flare, a payment-for-information blockchain, has three native reward mechanisms.

Liaising with infrastructure providers to support network compliance and security Sending decentralized data to Oracle to deliver decentralized data to the network Receiving monthly FlareDrops for network participation.

Flare co-founder Hugo Filion welcomed the ecosystem:

“Flare tokenomics, and in particular the 36 monthly FlareDrops until January 2026, are heavily weighted towards the community, with 60% of all tokens allocated to them. With stick and liquid pinching, builders can take advantage of this attractive environment knowing that their potential DAP users will still be able to reap the rewards of these natives.

With liquid staking, holders can continue to earn these rewards by using the liquid staked variant, sFLR, to get more yield on other protocols. This increases the functional liquidity of the FLR token, creating a more attractive build environment for developers.

Users begin by depositing their FLR with Scepter and receiving an sFLR in return. sFLR continues to accumulate Flare's native rewards while delivering full fluidity. Upon exiting the platform, the user will receive their initial share rewards and FlareDrops minus the protocol fee.

Initially, Tab will allow users to engage sFLR in lending protocols and DEX liquidity pools, but RBL indicated that additional use cases are also in the pipeline.

Announcing the launch of Scepter's private beta, Alexander Elhorst, COO of Scepter;

“Flar is a young and energetic network. Liquidity will enable the growth of the DeFi ecosystem to accelerate even further. We see a bright future for the chain and want to help build it. We are excited to present the first fluid rate protocol on the network and look forward to working with other ecosystem projects to integrate sFLR.