The same stack that can put FXRP behind DeFi cover can also originate credit from an XRPL signature.
That is the point of building an interoperable stack: assets can remain native to their own ecosystems while Flare handles the data, coordination and execution needed to make them programmable.
Each new use case plugs into the same rails, and FLR sits underneath all of that activity as the network asset used to secure and execute it.
90% agree with you
Here’s why I disagree with you on 10%, not every announcement is meant to move the needle it would be nice if it did but I see it as them communicating the steps they’re taking so that once things are in place the announcements that will have an impact on price can actually be effective.
Wha the latter option? That they don’t share anything about what’s happening and going on and only post when they think it will boost the price? But then everyone will complain that they don’t share enough news or updates
We can’t always have it all, my approach to crypto is to keep that fundamental belief in how I approach everything and look to the long term
Many seem to be upset that nothing drastic happened yesterday
My take: nothing beneficial and long term sustainable ever comes from overnight success
We know @UpholdInc will be integrating @firelightfi for yield
flare just announced firelight via FSA yesterday —> we know FSA is made to plug into wallets and exchanges —> imo they’re letting us know that they’re ready and not skipping a beat when it comes to shipping
It seems like they’re making sure all the pieces are in place, FIP.16, FSA, uphold.
What's shipping on Flare has a route back to FLR
Firelight's cover is backed by pooled FXRP.
FXRP is minted on Flare.
New mints → protocol fee into FIRE
FDC attestations behind each mint → 90% into FIRE
Separately, every transaction on Flare burns FLR at the base fee.
One stack for assets that can't do DeFi on their own chain.
Many seem to be upset that nothing drastic happened yesterday
My take: nothing beneficial and long term sustainable ever comes from overnight success
We know @UpholdInc will be integrating @firelightfi for yield
flare just announced firelight via FSA yesterday —> we know FSA is made to plug into wallets and exchanges —> imo they’re letting us know that they’re ready and not skipping a beat when it comes to shipping
It seems like they’re making sure all the pieces are in place, FIP.16, FSA, uphold.
What's shipping on Flare has a route back to FLR
Firelight's cover is backed by pooled FXRP.
FXRP is minted on Flare.
New mints → protocol fee into FIRE
FDC attestations behind each mint → 90% into FIRE
Separately, every transaction on Flare burns FLR at the base fee.
One stack for assets that can't do DeFi on their own chain.
FCC allows a contract to use the result without the data being published.
Private inputs stay in the TEE. The signed result is what comes out.
Today the first use lands with @Hex_Trust's USDX proof of reserves, on Songbird.
Limit orders are live on Felynx.
One order watches @SparkDexAI, @enosys_global and @blazeswapdex at once, and fills when the best route across all of them hits your price.
Every fill checked against @FlareNetworks FTSO.
https://t.co/pJhf9Sb5ci
Honestly, that's a very creative and impressive XRP unlock!
Flare acts as an extended arm for the XRP Ledger here.
Deposit XRP on XRPL -> Flare FXRP -> Borrows RLUSD on Morpho -> Receive RLUSD on XRPL in your wallet.
All that without new accounts or wallets. Even more bullish on Permission Delegation now which is a important piece to make it happen.
I really want to enable users to borrow RLUSD against their XRP directly from the XRP ledger (using Flare smart accounts) AND receive their borrowed RLUSD ON the XRP ledger.
In order for that to happen I need the Wormhole RLUSD bridge to be up. For that to happen I need XRP validators to approve:
https://t.co/vC89UjWItR
https://t.co/4nTghfUsIj just got a UX refresh.
☀️New 1-2-3 walkthrough of how the flow works, shown before you connect.
☀️Simpler mint and deposit. Withdraw now sits on the main screen.
☀️Your earnings surfaced clearly up front.
Same supported wallets. Same one signature on XRPL.