bannik

CEO @enosys_global
Founder & Creative Director @__towear

Full Stack Developer / Designer / Mundane Mastermind / Human.

[bannik @0xbannik]

2023 has undoubtedly been a full and productive year for @enosys_global. We've engaged in numerous initiatives that have pushed the boundaries of our industry. It's been a humbling experience, and I am excited about what lies ahead. Here's a concise recap of 2023:

[Darren "Thanasimos" Williams @Thana_Enosys]

If you have stables right now on @FlareNetworks, you should seriously consider swapping some into $CDP and staking in the @enosys_global Loans Stability Pools.

The SP for WFLR right now is earning:

9.35% APR in CDP fees

12.28% APR in APS incentives (which can be staked in Enosys Governance to earn real yield from the APY Cloud, currently at 35%)

22.67% APR in rFLR incentives

Plus, if the price of FLR (or XRP if you are in the FXRP SP) spikes down again and causes liquidations, you earn a 5% Liquidation reward if any of your CDP is used for the liquidation.

Really not sure of any other Stable yield that beats that at the moment, unless you want to compete for incentives in the CDP/USDT0 LP and earn an average of 68% APR.

[Ēnosys @enosys_global]

The $4M CDP mint cap for FXRP has now been reached as well!

This brings us to $5M CDP minted against FXRP and wFLR combined.

Caps will be raised soon, so don’t worry if you haven’t gotten in so far.

[Cobie @cobie]

What a strange year. Merry Christmas to the seventeen remaining believers. I am hopeful that 2026 favours us more than 2025 did.

[CoinMarketCap @CoinMarketCap]

LATEST: ⚡ A new XRP yield product called earnXRP has launched on Flare Network, aiming for 4%-10% returns by deploying capital across various on-chain strategies, including staking and liquidity provision.

[Hugo Philion @HugoPhilion]

Flare is the place you can really build for XRP.

(And soon BTC, XLM and others)

[Ēnosys @enosys_global]

Enosys Loans users earn incredible rewards on @FlareNetworks.

CDP in the FXRP Stability Pool earns 75% of FXRP branch mint fees and interest, plus 80k rFLR and 0.4 APS per day in incentives.

CDP in the wFLR Stability Pool earns 75% of wFLR branch mint fees and interest, plus 20k rFLR and 0.1 APS per day in incentives.

Liquidity Providers in the CDP/USDT0 LP on Enosys DEX V3 earn 0.045% swap fees and a share of 100k rFLR and 0.5 APS per day!

That’s $5k per day in rewards, just for minting and utilizing CDP!

Join in at https://t.co/pLQt4hFbT0

[Liquity @LiquityProtocol]

🚨 another one

this time on @FlareNetworks

@enosys_global is now live on Flare 💥

- Mint CDP Dollar using $FXRP and $WFLR as collateral
- Mint, stake, or LP the CDP Dollar now to earn a share of fees

check it out 👇

[Flare ☀️ @FlareNetworks]

Loans on @enosys_global are live.

The first trustless stablecoin backed by FXRP is here.

☀️Unlock liquidity while keeping your XRP exposure.
☀️Mint stablecoins against FXRP & WFLR

Powered by Flare FTSO and battle-tested @LiquityProtocol V2

Initial mint caps are tight — $4M CDP for FXRP, $1M for wFLR — to prioritize safety at launch.

[Ēnosys @enosys_global]

Introducing the first ever XRP backed CDP - Enosys Loans!

Enosys Loans is a friendly fork of Liquity V2 (@LiquityProtocol), deployed on @FlareNetworks.

Secured by decentralized price feeds from the FTSO and protected with live monitoring through @HypernativeLabs, Enosys Loans brings the battle tested functionality of Liquity V2 to #XRPFi.

Supply FXRP or wFLR as collateral to borrow CDP Dollars - a soft pegged stablecoin - and access the value of your assets without having to sell.

Set your own interest rate for borrowing, or delegate rate management to @nortso for stress free borrowing.

Supply your $CDP to the Enosys Loans Stability Pools to earn protocol fees, liquidation rewards, rFLR and $APS.

CDP in the FXRP Stability Pool earns 75% of FXRP branch mint fees and interest, plus 80k rFLR and 0.4 APS per day in incentives.

CDP in the wFLR Stability Pool earns 75% of wFLR branch mint fees and interest, plus 20k rFLR and 0.1 APS per day in incentives.

Or, supply liquidity to the new CDP/USDT0 LP on Enosys DEX V3 to earn swap fees and a share of 100k rFLR and 0.5 APS per day!

Initial Mint Caps are set to $4M CDP for FXRP and $1M CDP for wFLR.

Join the next evolution of #XRPFi now at https://t.co/pLQt4hFbT0

[Flare ☀️ @FlareNetworks]

Rewards = Real Yield on @enosys_global.

Earn sustainable returns sourced directly from protocol fees across Enosys products — DEXs, Bridge, Oracles, and soon Loans: the first CDP protocol to use XRP (FXRP) as collateral to mint a stablecoin.

[Flare ☀️ @FlareNetworks]

What happens after you mint FXRP?

You enter the @FlareNetworks ecosystem, where one mint unlocks unlimited growth for your XRP.

[Ēnosys @enosys_global]

Enosys Governance and APY Cloud are now live on the Songbird Network!

Stake your $EXFI and $SFIN to participate in Governance and earn Real Yield generated by the Enosys product suite on Songbird.

[bannik @0xbannik]

@toton_fire @enosys_global Do you hold claimable NFTs?

[Ēnosys @enosys_global]

We are thrilled to announce the upcoming launch of Enosys Loans, a friendly fork of Liquity V2 by @LiquityProtocol, deployed on the @FlareNetworks. This marks a historic milestone in the DeFi landscape as the first-ever Collateralized Debt Position (CDP) protocol to leverage XRP (FXRP) as collateral to mint a stablecoin.

Initially supporting FXRP and wFLR as collateral - but with plans to expand support to include staked XRP (stXRP from @Firelightfi ), FBTC (Bitcoin bridged to Flare), and other assets - Enosys Loans is poised to unlock unprecedented utility for major cryptocurrencies like XRP and Bitcoin in decentralized finance. By harnessing Flare’s advanced infrastructure, including the Flare Time Series Oracle (FTSO) for decentralized collateral pricing, Enosys Loans is set to redefine how non-smart contract assets participate in DeFi.

Unlocking DeFi for XRP

For the first time, XRP holders can use their assets as collateral in a CDP to mint a new stablecoin, enabling participation in DeFi applications such as lending, borrowing, and yield generation while still maintaining exposure to the underlying FXRP. This is a transformative step for XRP, which, due to the XRP Ledger’s lack of native smart contract functionality, has historically been excluded from the broader DeFi ecosystem. The planned inclusion of FBTC will further extend this capability to Bitcoin, unlocking the potential of two of the most valuable cryptocurrencies-representing trillions in market capitalization-for DeFi use cases.

A Friendly Fork of Liquity V2: Proven and Enhanced

Enosys Loans builds on the robust foundation of Liquity V2, a leading CDP protocol on Ethereum known for its efficiency, low fees, and user controlled interest rates. By forking Liquity V2, Enosys inherits its battle-tested mechanics while tailoring the protocol to Flare’s unique capabilities. This friendly fork enhances Liquity’s model by integrating Flare’s decentralized infrastructure, ensuring Enosys Loans is optimized for scalability, security, and interoperability.

Flare FTSO: Decentralized and Reliable Price Feeds

A cornerstone of Enosys Loans is its use of the Flare Time Series Oracle (FTSO) for decentralized collateral pricing. Unlike traditional oracles that may rely on centralized data sources, FTSO aggregates price feeds from independent signal providers, delivering highly accurate and tamper-resistant data for assets like FXRP and FBTC.

This ensures that Enosys Loans maintains precise collateral-to-debt ratios, protecting users from volatility and enabling trustless, secure borrowing. With the FTSO’s ability to scale to thousands of data feeds (as seen with FTSO V2), Enosys Loans is future-proofed for supporting an expanding range of collateral types.

Delegation Rewards and FlareDrops

In keeping with the Enosys ethos, all wFLR that is used as collateral will be delegated on the owners behalf. This wFLR will receive delegation rewards and FlareDrops which will be claimable by the owner when distributed by the Flare systems.

Expanding Collateral Options

Enosys Loans will initially support FXRP and wFLR as collateral, enabling XRP holders to mint a stablecoin for use in Flare’s DeFi ecosystem. However, the protocol’s roadmap includes support for stXRP, FBTC, and other F-Assets, creating a versatile platform that caters to diverse user needs.

This expansion will position Enosys Loans as a multi-asset CDP, allowing users to leverage a variety of high-value cryptocurrencies while maintaining the protocol’s decentralized and trustless ethos.

[bannik @0xbannik]

@worldofwomenxyz @ViPowow @Federicaxyz

[Ēnosys @enosys_global]

Samurai NFT Staking is now live on Songbird!

If you're holding a R, SR, or UR Samurai NFT you may now stake it to earn a share of Enosys team revenues on the Songbird Network.

There will be a short wait period before we begin distributing rewards.

[bannik @0xbannik]

🚌

[Ēnosys @enosys_global]

Testing for Samurai NFT Staking is now live on Coston Testnet.

A snapshot was taken of NFT holders a few weeks ago, and test NFTs were airdropped.

Connect to https://t.co/ju2nfT4df8 on Coston1 to take part in the testing, if you received test NFTs.

This is also the introduction of our new Yield page, which will be an aggregation of yield opportunities from all Enosys products on each network.
Work in Progress.

[bannik @0xbannik]

@dom_kwok @PlasticDogs Always down to meet! You’re in my favourite place in town as well ;)