The 510 million FLR DeFi emissions program is now live ☀️
Help us grow @FlareNetworks' DeFi ecosystem and boost the success of the FAssets launch.
Rewards will be distributed to protocol participants monthly.
Learn how to get involved: https://t.co/S9zrpkppYJ
1M wallets milestone unlocked 🔓
94,582,365 transactions without a single moment of downtime since @FlareNetworks mainnet launch on July 13, 2022.
Day by day we grow.
Thank you to all $FLR community.
Team will be at Appchain Day during @token2049, with @j00sko delivering a keynote alongside top builders ☀
Any must-meet #Singapore crypto communities we should know about?
Everybody tells us - Raindex is too hard to get started with.
We listened, got building and have something very exciting to show you. Join our livestream this coming Monday for a debut!
We're kicking off AMAs with Flare DeFi ecosystem projects.
First up: @SceptreLS - a liquid staking protocol designed to maximize FLR yield.
Join us today at 1 PM UTC in the sceptre-ama channel on our Discord.
Tune in and fire questions 🔥
Thanks for joining us.
We've discussed the FAQs and heard feedback from you.
Missed it? You can always check the history in the channel. @alexersceptreLS will also be around in their Telegram to help you navigate Sceptre.
Let us know if you enjoyed the AMA, and suggest someone we should invite next. 👂
This Lending and Borrowing tutorial is taken from our previous Testnet tutorial video.
Testnet assets and values will differ from those on mainnet but it's still a great resource for walking users through the basic functions of the Kinetic protocol previous to tomorrow's launch.
We have been invited by @FlareNetworks to kick off a series of AMAs featuring Flare ecosystem builders! 🥳
If you have any @SceptreLS-related questions, join us tomorrow at 13 UTC on Flare's Discord and get your answers: https://t.co/AQuBAXY9bp
We hope to see you there! 😉
Claim FlareDrop.18 now 💧
> Rewards rate: 3 FLR/100 WFLR.
> Block snapshots used: 27,175,147 // 27,559,525 // 27,935,733
New to #FlareDrops?
Hold $WFLR or stake $FLR for 3 random snapshots in the past 23 days.
https://t.co/8L2iK39Ww8
Important Update: XRP Testnet Reset, FAssets Beta Reset
XRP testnet will be reset on August 19th, invalidating all FTestXRP.
FAssets open beta on Coston will be paused and reset until the XRP testnet stabilizes.
Action required:
• Redeem FTestXRP by August 18th, 11:59 PM EST.
• You will receive an airdrop of 1000 new TestXRP to facilitate the transition.
Important note:
> The XRP testnet reset is not something that will happen with any mainnet.
> FAssets system deployment schedule remains unchanged.
Extra info on retroactive airdrop:
To be qualified,
• No more than 1000 units of each test FAsset (unless an agent or liquidator).
• If not using your main address, send the required amount to your beta address on Songbird or Flare. Use a Coston address matching a Songbird or Flare address, with min. 100 FLR/WFLR on Flare, or 300 SGB/ WSGB on Songbird.
Next ☀️
The future of FAssets is bright, with exciting developments on the horizon. Stay tuned for the launch of the official dashboard enabling community-managed collateral pools & FBTC support and a rewarding system that recognizes your contributions.
Full context: https://t.co/1TlRYcN9PX
66,293,390 $FLR burnt.
This directly benefits you:
"Without this burn, the investors would be able to claim approximately 3x their original allocation through the #FlareDrops, unfairly diluting community holdings."
More about the 2.1 billion $FLR burn: https://t.co/eW9U8uZfBr
Mr.Tipbot now supports tipping with $USDC & $UDST on @FlareNetworks by @StargateFinance on ANY supported Discord! ✅
Remember! As these assets are on #FlareNetwork you will require some $FLR to cover gas fees when sending tips or making withdrawals!
#ConnectEverything ☀️
Doubling down on transparency and communication ☀️
The Flare DeFi ecosystem is growing rapidly, marking a new chapter with increased liquidity, users, and project teams.
To effectively navigate this exciting phase, we are taking proactive steps to strengthen visibility and interaction:
1. We are launching regular AMAs with projects participating in the DeFi emissions program to provide clear and prompt answers to your questions.
2. We are encouraging projects to collaborate and create educational materials, including detailed FAQs, and step-by-step tutorials with videos and recordings.
3. We are actively listening to the community. We invite you to participate in this survey to help us better understand your needs and expectations: https://t.co/In7sBiFXDb
Let us know if you have more ideas, we are all ears.
QuickSwap has added @FlareNetworks (SparkDEX) to the chain dropdown menu 🫡
Yes, it's now official! This marks the first phase in QuickSwap's partnership with @SparkDexAI as a friendly fork.
Users can now access SparkDEX and quickly navigate to its advanced DeFi suite on Flare Network with the click of a button, straight from QuickSwap's chain dropdown menu.
Easy. Accessible. Building the alliance with SparkDEX x Flare.
Stay tuned for more to come. Things are about to heat up.
We wanted to clarify a few things for users about the rFLR emission system and how it will tie into Enosys.
Enosys DEX V3 will be included in the rFLR emissions program, so let’s discuss what that looks like. ☀️
Lending & Borrowing on Kinetic goes LIVE
August 7th @ 1pm EST!
Initial markets will be $USDC $USDT and $sFLR
with $USDX coming online some time after.
Get ready to get moving with Kinetic!