[Flare Proposes Capturing Protocol-Level MEV and Reducing FLR Inflation] On April 10, Flare announced a governance proposal to capture Maximum Extractable Value (MEV) at the protocol level, with a newly established entity, FIRE, responsible for revenue recycling, FLR token buybacks, and burns. The proposal includes a three-phase restructuring of block building and aims to reduce the annual FLR inflation rate from 5% to 3%, lower the annual cap from 5 billion tokens to 3 billion tokens, and increase the base gas fee to 1,200 gwei. The annual burn volume is expected to rise to 300 million tokens.