Does anyone in the xrp community know if there is a defi option for collateralising xrp to get a loan, is the flare F assets still in test net or can it be done there?
@hyogosukina@WithoutTheRope That our nodes won’t die. Over the winter things changed with all the financial nodes milking strong and then rugging people. The team had to do something to deal with this, but also couldn’t give these guys the heads up.
@hyogosukina@WithoutTheRope I think the expiration of nodes only happened to deal with all the financial node protocols that started up and used strong as it’s main earner for their rewards. I don’t think it was intended for the individual investor which is why it was never spoke about and we all was told
@hyogosukina Sustainability. I see most of what’s going on as purposeful, intentionally not doing ama’s, giving info on the regular, kill the nodes, whales, free loaders and degens allow FUD to drive down the price to purge the community. Then rebuild with those who believe in the game plan
@hyogosukina Their expectations on reward rates and value of token/profits, it’s screams a security. Also the team wanted to halve the rewards last summer and the community complained, strongblock folded and we kept our rewards high since. Now we have the halvening with expires nodes for….
@btc_is_bitcoin @Strongblock_io@WithoutTheRope@binance@coinbase I see it as a purge. kill all whales, free loaders, defi degens. Let them drive the price down with their emotional FUD and re build with a new participants and ideal tokenomics. This is the halvening that they wanted to do last year but now with node expiration. Sustainability
@KulkenX@Strongblock_io@WithoutTheRope If they adjust for market prices, shouldn’t that be on the flip side too. Increase the nodes fees when price goes back up?
@koviebarger @Medium I would like to know if they will be bringing defi to the strong chain, allowing us to use our nodes and strong as collateral. That way you could lock up a lot of strong and loan out usdc so no one need to sell
For all those asking where their $FLR is. We are upgrading Songbird, before the end of March 2022, with the final 2 protocols required before Flare launch. This will then allow us to proceed to Flare launch. A full roadmap to Flare launch will be release in the coming weeks.
@Stayhumble786 Been with strong nearly a year now and I’m well in to double figures of people I’ve helped get involved / set up in strong from my city💪
@KevinBu79963644@TokenReactor Yea, I sort of worked that out after I tweeted! I thought it might be like rari capital where you see your rebase amount on the dashboard. But this way with the toke $gOHM just need to do an extra sum to workout my over all and Daily ohm amounts. Thanks anyway. 👍
@TokenReactor I’ve staked my $gOHM in the reactor, the ( tokemak ) shows on my Olympus app dashboard but doesn’t show any $OHM staking rewards? I thought in the reactor I can still get rebases and earn $TOKE rewards??
I guess a lot of people missed the whole learning about game theory and 3,3 back in June, july. @Showtime2kX you may need to dust off the ohm YouTube vid you did and educate the masses because it seem a lot if people are happy to sell at a loss.