Sceptre Staked FLR
SFLR
Evaluation Score
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Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SFLR (Sceptre Staked FLR) serves as a liquid staking receipt token on the Flare Network, offering native staking yield accrual and DeFi integration across Flare-native protocols. The protocol demonstrates stable operation with roughly $15M-$19M in TVL/market cap and a clean security record with no history of exploits, depegs, or regulatory actions. However, the project is constrained by low secondary trading liquidity, limited verifiable ongoing development activity, an undisclosed team, and a lack of decentralized governance, leaving operational control centralized with Rome Blockchain Labs. No qualifying red-flag events or fraudulent behaviors were identified.
Development Activity
Code updates and developer engagement
Community Support
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Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Sceptre Staked FLR (SFLR)
SFLR (Sceptre Staked FLR) is a liquid staking receipt token operating on the Flare Network, developed by Rome Blockchain Labs. It serves as a derivative asset representing staked Flare (FLR) or wrapped FLR (wFLR) deposited into the Sceptre Liquid Staking protocol. SFLR utilizes an elastic supply model where tokens are minted or burned in direct response to user deposits and withdrawals, without a fixed maximum supply or token vesting schedule. The token automatically accrues native Flare network staking rewards and FlareDrops via an appreciating exchange rate relative to the underlying staked assets.
Within the Flare ecosystem, SFLR provides liquidity for staked capital, enabling users to deploy the receipt token across decentralized finance applications such as lending markets and decentralized exchanges, including SparkDEX. The protocol operates with a circulating market capitalization and total value locked generally ranging between $15 million and $19 million. To date, the protocol has maintained a stable operational track record with no recorded smart contract exploits, security breaches, or depeg incidents.
Despite its operational stability, the project exhibits several governance and structural risks. Operational control is centralized under Rome Blockchain Labs without a decentralized autonomous organization (DAO), formal tokenholder governance mechanisms, or publicly disclosed team identities. Additionally, secondary market liquidity for SFLR is relatively thin and constrained to Flare-native venues. While third-party aggregators indicate the protocol has undergone a smart contract audit, specific details regarding the auditing firm, report date, and audit scope are not publicly verified in project documentation, and verifiable evidence of ongoing software development remains limited.