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We establish the well-posedness of the nonlocal mean curvature flow of order for periodic graphs on in all subcritical little Hölder spaces with . Furthermore, we prove that if the solution is initially sufficiently close to its integral mean in , then it exists globally in time and converges exponentially fast towards a constant. The proofs rely on the reformulation of the equation as a quasilinear evolution problem, which is shown to be of parabolic type by a direct localization approach, and on abstract parabolic theories for such problems.

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