Wrapped Flare wallet

What is Wrapped Flare (WFLR)?

On Flare, wrapping is not only a DeFi convenience. WFLR is FLR deposited into the wrapped-native contract and returned as a token at a one-to-one rate, and it is the wrapped balance - not the native one - that the network counts when an address delegates to FTSO data providers or takes part in governance votes. Holders who want their FLR to carry any weight in those systems end up wrapping it and leaving it wrapped.

The delegation itself is a signature, not a transfer: the tokens stay in your own address, and what you sign is an instruction naming the providers and the share of vote power going to each. Unwrapping back to native FLR is available whenever you want it.

Two practical notes. Fees on Flare are paid in native FLR, so wrapping every last unit leaves you unable to sign the unwrap later. And WFLR is a wrapped-native balance that lives on the Flare network.

This is a balance you set up once and then mostly ignore, which puts the weight on the key rather than on daily use. Tangem generates that key inside the card's secure element and keeps it there; a second identical card, created at the same time, is what you fall back on if the first is lost, and a seed phrase stays an option rather than a piece of paper you are forced to hide. Supported networks in Tangem (1): Flare Network. For a position measured in years of sitting still, that trade-off lands well.