$BUGO isn’t just a token, it’s the culture.
Flare’s been missing one thing... a meme king.
👑 Enter BUGO.
Built by the community. Backed by the chain.
Now sit back and watch the bear reign. ☀️🐻❄️
Since BUGO became a CTO, we’ve been slowly crafting something new.
Socials below:
https://t.co/gOmr0dZXL3
#BUGO #FlareNetwork #MemeSeason $FLR
Can XRP be used in strategies involving lending and vaults? Absolutely.
@HugoPhilion breaks down how XRP can be used as collateral to access yield strategies.
That includes wrapping XRP as FXRP on @FlareNetworks, borrowing stablecoins against it, and deploying those assets into other protocols, alongside vault-based strategies on XRPL and Flare.
XRP in a Minute 👇 https://t.co/mcUCUZGr3r
BUGO holders have multiple ways to earn. 💸
Stake $BUGO directly for an impermanent-loss-free way to earn 10–50% APR.
https://t.co/E0C8lBVjeU
Or provide liquidity in the BUGO SparkDEX farm, currently earning around 92% APR.
https://t.co/uafGtGUvh4
Hold. Stake. Farm.
Put your BUGO to work. 💪
⚠️ WARNING - NEW SCAM (Stay Safe) 🙏
It's no secret, NFTs are being revived on the #FlareNetwork, and with this comes new threats. Opportunist looking to take your hard earned $FLR.
In the past hour, some of you may have received a *free* NFT, disguised as a malicious phishing scam.
The idea is simple, send an NFT to thousands of wallets and hope that someone is intrigued enough to visit the promoted website which will inevitably ask you for your secret phrase or to sign a transaction to drain your wallet.
The Flare Network is cheap to transact on, so minting and distributing thousands of NFTs for a couple of $ could pay big if just one whale gets caught in this mess.
Scammers will make you feel unsafe, they will pressure you to act fast, they will direct you to malicious websites.
Please, if you read this post and do just one thing, let it be this:
NEVER SHARE YOUR SECRET PHRASE OR SIGN TRANSACTIONS FROM AN UNKNOWN WEBSITE
🙏 Oh and sharing this post would also help.
You may also see an uptick in scams that allow you to "earn extra FLR" in the "upcoming FIRE governance", or send me 1M FLR, I'll send you 2M back.
If something is too good to be true, it probably is. Follow official accounts only, do not get greedy, and stick to the rule I mentioned above.
$FLR is becoming increasingly popular and more desirable, don't give it away to scammers. Be Safe.
*Image from recent scam NFT seen below:
https://t.co/AFjftyqMdv
Alright folks, I don’t have much time for details, but the next couple of days are going to be hectic.
The inflation cut is coming, but that is not the only thing in motion.
We are preparing for a mainnet FAssets deployment that may look like a boring update at first. Then the effects will start showing up, and the power of it will become clear.
Also, remember all the times I said Flare Smart Accounts were going to be big?
I think the potential has already been shown, but there is more coming. A lot more. Wallets are waking up.
Never forget: there is a massive amount of dormant XRP that can be put to work in a far more effective way because of the infrastructure and ecosystem being built around FXRP.
Oh, and my quant is hearing good things on the vaults side.
I think he might be up to something.
Get ready. We’ll need everyone active.
XRPFi is entering a phase where small developer experiments can eventually become real products.
A simple data feed, a smarter vault interface, a cleaner wallet flow, a better risk dashboard, or a new strategy router can all become part of the same onchain economy.
The example below starts with something simple: reading XRP/USD data onchain.
But the bigger idea is clear:
Flare gives builders the primitives to turn capital, data, and execution into better products.
When you see large announcements such as those expanding access to XRPFi on Flare to millions of new users remember, that due to FIP16, FLR token economics scale as economic activity on Flare scales.
Flywheel.
FIP.16 has passed with 98.06% in favor.
A major milestone for $FLR.
This goes beyond growth at @FlareNetworks. It is about making value accrual more visible, measurable, and durable.
The mechanism is set. Visible growth comes next.
BUGO stakers have already earned over $2,235 in rewards. ☀️
• 2M $BUGO
• 155.2K $WFLR
• 172.7 $FXRP
Stake what you hold.
Put your tokens to work.
https://t.co/WAR9S3Unpp
Earn with $BUGO. ☀️
From staking to farming, BUGO gives holders real ways to put their tokens to work.
More than a meme.
Built on @FlareNetworks.
https://t.co/8iiV4QLbJv