Hugo Philion

Cofounder of @flarenetworks.

[Hugo Philion @HugoPhilion]

Almost all future usecases of the blockchain (AI, Gaming, Identity, Real World Assets etc) will require some amount of external data attested onto chain. Decentralisation (without it there is no safety), scalability and low latency are key. Flare is the blockchain for data. #connecteverything

[Hugo Philion @HugoPhilion]

I think people will get how revolutionary it is when it goes beyond just being able to deposit in a vault.

We have a very busy end of year.

[Steven Hudspeth @hudspeth589]

Is so sad people really don't get how Revolutionary this is.

https://t.co/PsgAc5J5PX

[33 @XRPapiCrypto]

Flare is a unique L1.

Because of its data capabilities, it doesn't have to play the same game as every other L1 ( fighting to be the custodian of $).

Flare monetizes the transmission of data, state verification, and confidential compute between networks and institutions. FIP. 16 makes sure that activity is tied to the value of $FLR

Beautiful.

[Hugo Philion @HugoPhilion]

It’s incorrect btw that FXRP can be used without needing FLR. Flare Smart Accounts just abstracted that away so the user doesn’t have to think about it. FLR is still required for every transaction.

On the FLR opportunity - usage matters - not just in TX fees but in wider fee generation.

You will see products and partnerships unroll that combine: privacy, portfolio optimisation, interoperability and trading (both spot and perps). All of which will be anchored around Flare’s core competency of data and confidential compute.

In addition to substantial expansion of FAssets, these products and partnerships will contribute to fee generation at scale.

[Hugo Philion @HugoPhilion]

It’s incorrect btw that FXRP can be used without needing FLR. Flare Smart Accounts just abstracted that away so the user doesn’t have to think about it. FLR is still required for every transaction.

On the FLR opportunity - usage matters - not just in TX fees but in wider fee generation.

You will see products and partnerships unroll that combine: privacy, portfolio optimisation, interoperability and trading (both spot and perps). All of which will be anchored around Flare’s core competency of data and confidential compute.

In addition to substantial expansion of FAssets, these products and partnerships will contribute to fee generation at scale.

[Hugo Philion @HugoPhilion]

There is renewed fud around XRP. Much of it based around what Ripple may or may not be doing.

IMO this has always been the wrong attitude to take. XRP’s value and narrative should never have been perceived as being based solely on the actions of one player. One of the reasons we built Flare is that we think that there has always been more that can and should be done with XRP.

If you want improved value and narrative, IMO the right questions to ask are:

1) “What are you doing to put your XRP to work?”
2) “What are you doing to demonstrate to those that don’t currently hold XRP that it is worth holding?”
3) “What are you doing to convert XRP from a speculative asset into usable capital?”

If you want to play your part in decoupling XRP from the false narrative that its value relies solely on the actions of one player - Flare is a great place to do that.

[Quantic @0xQuantic]

I think the opportunity for Flare is much bigger than bringing AI agents onto another blockchain.

As agents start managing capital, hiring other agents and running businesses, someone needs to independently verify what they did, what they were authorized to do, and whether the conditions for moving money were actually met.

Get that right, and autonomous economic activity becomes something you can evaluate, finance and eventually insure.

And here’s what makes Flare’s positioning interesting: none of those agents necessarily need to operate on @FlareNetworks.

They just need to depend on its infrastructure when it matters.

[Hugo Philion @HugoPhilion]

@Immovablefaith1 @FlareNetworks Yes. A small but valuable piece IMO.

[CyHro - CEO of Sentora @admff492]

Firelight kicked off its second epoch this week. Adding Lido to the coverage model doubles organic yield. The headline staking rate is still ~3%, but the organic-to-incentive ratio is 2/3 to 1/3. Pretty big move in one month.

https://t.co/TrUmjFoBQ2

[Hugo Philion @HugoPhilion]

@admff492 Great work team @Firelightfi 👏

[Spectra @spectra_finance]

We're shipping something big for yield trading on @FlareNetworks. Next week.

[marilyn100x.eth @marilyn100x]

"In the case of Flare, we are built for interoperability." - @0xQuantic

He says @FlareNetworks enshrined oracles already verify data from @Ethereum and $XRP on mainnet, and the same system can serve AI agents.

I asked him, how AI agents can trust the data they act on.

>How can Flare help an AI agent make sure its DeFi data and executions are trustworthy?
> Could AI agents use Flare to verify events on other blockchains before executing transactions?
> What role could Flare’s Confidential Compute play in letting AI agents process sensitive data privately?

Full Q&A👇

[Hugo Philion @HugoPhilion]

I'm reminded again that nothing good gets posted at 1:00 a.m...

My earlier xeet was a moment of personal frustration, not a position, and I was wrong to put it on this account. Where I live has had a hard year and I let it show. Many people I respect see things differently, and they were entitled to object. Politics has no place in Flare and we'll keep it out from now on.

We have just come out of a team offsite and I have never been more confident in what we are building, and that is where my attention belongs.

I am grateful to each and every one of the Flare community for being with us on the journey.

[Hugo Philion @HugoPhilion]

Would you like to be able to trade a major perps market with your XRP as collateral?

[Hugo Philion @HugoPhilion]

This needs resurfacing. Data is everything.

[Hugo Philion @HugoPhilion]

Almost all future usecases of the blockchain (AI, Gaming, Identity, Real World Assets etc) will require some amount of external data attested onto chain. Decentralisation (without it there is no safety), scalability and low latency are key. Flare is the blockchain for data. #connecteverything

[Hugo Philion @HugoPhilion]

@busterdogdad @realDonaldTrump I love the Emirates and the Emiratis. Trump has been a disaster for our home.

[Hugo Philion @HugoPhilion]

@PianoXr Crypto is a movement that comes directly from the ideas of the Enlightenment. Laying low is for creeps and weaklings.

[Hugo Philion @HugoPhilion]

@PianoXr Crypto is a movement that comes directly from the ideas of the Enlightenment. Laying low is for creeps and weaklings.

[Hugo Philion @HugoPhilion]

@Crypt0W0rm226 @TheGrungieNFTs @wormhole Because they were waiting for permissioned delegation which is now live. What gives?

[Hugo Philion @HugoPhilion]

I’m waiting for @wormhole to finally enable the RLUSD path from Ethereum to XRPL.
If I had known it would be a problem I would have built it myself using Flare. Why is this taking so long?