According to ChainCatcher, the L1 project Flare Network initiated the FIP.09 proposal to allocate an initial 510 million FLR from the 20 billion incentive pool to attract builders and support Flare liquidity. This will be the first time that any tokens are allocated from the incentive pool. Future governance proposals will require the community to approve the emission of the remaining incentive pool. An "Emission Committee" consisting of six Flare and non-Flare representatives will be responsible for directing emissions to dapps and protocols built on Flare.

Each month, the committee can allocate any maximum amount, and voting will begin on Friday, June 28.