Monthly recap: March 2026

While we put the final touches on Sceptre for Partisia, Sceptre for Flare continues to thrive. We’ve introduced the long-awaited instant unstaking feature, reached an historical exchange rate, and unlocked a new APY and yield opportunities. Read on to stay updated on the most significant events from March 2026.

Instant unstaking on Sceptre for Flare

Goodbye 14.5 days cooldown period! Sceptre for Flare now offers users the opportunity to instantly unstake. To make this work, we’ve implemented a 50M FLR buffer that represents a small fraction of Sceptre’s total pool. While the impact on our APY is negligible, this buffer still earns delegation rewards. Whenever a user instantly unstakes, the FLR they request comes out of the buffer. Conversely, whenever new FLR comes into the protocol, if the buffer isn’t at its maximum capacity, it will get filled before any FLR is added to the pool. In order to prevent this mechanism from being abused by arbitrage traders at the expense of the Sceptre users, instant unstaking is subject to a 0.5% fee that goes directly into the pool, thus increasing the value of sFLR.

Besides instant unstaking, users have the possibility to swap (via OpenOcean integration) or use regular unstaing, subject to a 14.5 days cooldown period but without any fees.

sFLR crosses 1.8 FLR!

sFLR hit a new milestone, finally crossing 1.8 FLR (it sits at 1.8095 FLR as of writing). Despite FlareDorps no longer contributing to the increase in the exchange rate, the Sceptre for Flare pool as received a steady amount of FLR via staking and delegation rewards, not to mention the new instant unstaking fees, which account for ~4% of all FLR added to our pool. Sceptre remains the best place on the Flare Network to earn yield on your FLR, currently boasting a 12.23% APY.

New yield opportunities on Spectra

Finally, we want to mention that Spectra has opened new sFLR opportunities in Fixed Rates, Yield Leverage and Liquidity Pools. sFLR has been a huge success on Spectra, with non-stop activity, and with the maturity date of the only opportunities approaching, the protocol decided to open a few more running until May 2028, for now. Check them out.

See you all next month!