--- title: "Flare to Be Integrated With D’CENT Wallet" type: "News" locale: "en" url: "https://longbridge.com/en/news/286972571.md" description: "Flare has integrated Smart Accounts with D’CENT Wallet, allowing users to mint FXRP from XRP in cold storage and deposit it into the Monarq XRP Yield Vault while maintaining self-custody. The Flare Network, utilizing the Ethereum Virtual Machine, supports decentralized applications and employs a unique consensus algorithm called Avalanche, which does not rely on Proof of Stake for security. The native token, Spark (FLR), is used for transaction costs, collateral in DApps, and governance participation." datetime: "2026-05-19T22:18:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286972571.md) - [en](https://longbridge.com/en/news/286972571.md) - [zh-HK](https://longbridge.com/zh-HK/news/286972571.md) --- # Flare to Be Integrated With D’CENT Wallet Flare integrated Smart Accounts with D’CENT Wallet on May 19th. Users can mint FXRP from XRP held in cold storage and deposit it into the Monarq XRP Yield Vault while keeping self-custody. Refer to the **official tweet by FLR:** > Try it today: https://t.co/r7IwOSCBDW > > May 19, 2026 **FLR Info** Flare Network is a distributed protocol that incorporates the Ethereum Virtual Machine (EVM), enabling the execution of Turing-complete smart contracts. Turing-complete indicates that any computational problem can be addressed given adequate memory. As such, the Flare Network can foster an ecosystem of decentralized applications (DApps), with the ultimate objective of scaling smart contract networks. Flare Network employs a consensus algorithm named Avalanche, customized to function with Federated Byzantine Agreement (FBA), a consensus mechanism utilized by networks such as XRPL and Stellar. Uniquely, Flare Network's consensus protocol doesn't depend on economic mechanisms like Proof of Stake (PoS) to maintain network security. In contrast, many networks, including Ethereum (which will fully transition to PoS with Ethereum 2.0), rely on token-staking validators for network security. The Spark token (FLR) is the native token of the Flare Network, primarily used as a safeguard against spam attacks by placing a cost on network transactions. Additionally, the token serves as collateral within decentralized applications (DApps), contributing to the robustness and security of various applications on the network. The Spark token also provides data to an on-chain oracle and enables users to participate in protocol governance, strengthening the democratic and decentralized nature of the network. ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) ## Related News & Research - [THORChain confirms $10M exploit, rolls out recovery portal for affected users](https://longbridge.com/en/news/286642125.md) - [Cronos to End BTC App Campaign on June 3rd](https://longbridge.com/en/news/286302717.md) - ['The Entire Economy Is Going To Be Tokenized,' Consensys CEO Joseph Lubin Says, Positioning Ethereum As The Winner](https://longbridge.com/en/news/286265353.md) - [THORChain Price Outlook: Panic or Opportunity After RUNE Crashes 30%?](https://longbridge.com/en/news/286643134.md) - [ZAWYA: OKX launches USDSⓈ-M options on Bitcoin and Ether](https://longbridge.com/en/news/286889580.md)