In Phase 2 of launch, Firelight unifies staking with onchain coverage. 🔥
Users stake assets to help secure specific DeFi applications, such as Sentora or Lombard vaults, against technical and economic risks while earning usage-based fees.
Firelight is partnering with @Lombard_Finance
The collaboration introduces two major paths:
→ covered Bitcoin Smart Account vaults
→ BTC-backed coverage pools
Bringing Bitcoin into onchain economic security is a major step toward more resilient DeFi infrastructure.
@realMACrypto This happens a lot on Flare—new tokens like $BUGO (a community meme coin) often show up automatically or get sent as promo dust. Your wallet isn’t compromised.
Just swipe left on BUGO in your token list and tap “Hide.”
No matter how you voted in this poll, you can find more details for every topic using the timestamps in our youtube video description of the FIP.16 X space.
🔗https://t.co/PkJGpcYqHs
Making Fassets safer, by introducing stables as collateral, and more capital efficient, by introducing the core vault, massively improved Flare as a product but substantially reduced the role of FLR in the ecosystem.
The upcoming Governance proposal FUNDAMENTALLY RELINKS FLR token economics to current and expanding usage of the ecosystem.
That’s fair, take your time cause it can feel like a lot at first. When you’re ready, start simple: delegation or a small test in a vault. No need to rush. If you want a quick, safe walkthrough later, I can guide you, DM or check official support 👍
@new4matt hey there 👋
Bitfrost NFTs and Xaman operate on different wallets/chains, so they don’t natively sync without being manually re-synchronized first. Your assets aren’t lost,they just can’t transfer automatically. DM if you want guidance safely on how to sort this.
@wshaffer7787 That’s fair, take your time cause it can feel like a lot at first. When you’re ready, start simple: delegation or a small test in a vault. No need to rush. If you want a quick, safe walkthrough later, I can guide you, DM or check official support 👍
@Katey356 hello Katey👋 Yes, stablecoins on Flare/Xaman vaults can earn yield, though APR varies by strategy. XRP’s participation is clear via FXRP/stXRP, Firelight, and epochs. Everything is transparent on-chain. DM me if you want a simple walkthrough on earning safely.
@Cloudillionaire There’s actually support that attends to your needs with immediate effect.
You just have to be careful as there are bots lurking around.
What exactly is the issue you’re facing?
@Xray_Vince hey there👋You can go ahead and add FXRP. If the full amount didn’t redeem, it’s usually just due to temporary liquidity or vault limits. It should resolve—try again shortly or check for a rebalance, and tell me if it doesn’t clear up.☀️
@StoryofChxrged when you Wrap XRP into FXRP on Flare via FAssets, you should stake in Doppler or earnXRP (3% APR) without selling. Use Xaman wallet for easy access. Passive, but needs a large stack for big returns.
Shoot me a DM for more details on how to maximize your rewards ☀️