Delegation (FTSO) and staking (validator) rewards are funded by inflation.
Infrastructure providers earn rewards for supplying data to the FTSO, validating blocks, and providing attestations to the FDC. These rewards are based on performance and uptime, and are earned through both self-bonded/delegated tokens and fees from community members who delegate or stake to their services.
With inflation reduced from 5% to 3%, the total rewards available are lower. This impacts everyone in the ecosystem, including delegators, stakers, and infrastructure providers.
The number of comments suggesting that only delegators and stakers are being squeezed indicates this isn’t entirely clear. Infrastructure providers have also seen their rewards reduced by 40%, while the significant costs of running and maintaining the required infrastructure remain unchanged.
One important caveat is the upcoming minimum 20% fee, which is intended to support the long-term sustainability of operating an infrastructure provider. All current data providers already operate at a 20% fee, so there will be no impact there. Any effect will only be felt by those staking to validators currently charging less than 20% once the minimum fee is enforced.
Not every NFT needs to stay visible.
In your Bifrost Wallet:
○ Open your NFT tab
○ Press and hold the spam NFT you want to hide
○ Tap Hide
✨ Avoid opening URLs shown inside NFTs.
@SchwetyBigBags@FlareNetworks@coinbase@UpholdInc It would be insane for Flare not to work with any entity that wants to enable its clients to put XRP to work. So in short we will work with every exchange, every wallet and every custodian that we can.
I think Flare might be the second largest user of XRPL escrow by asset value.
If you get a little bit creative the primitives that the XRPL offers can be used to do extraordinary things.
A lot of XRP users especially in Asia and specifically Korea use the D’CENT wallet. Integrating natively with the D’CENT platform is another way that Flare makes onboarding to XRPFi so much easier.
Flare is building the easiest and safest place to put your XRP to work.
This time it’s not me saying it… Billions can come to Flare just with Uphold.
With FIP16, FLR token economics is fundamentally linked to ecosystem expansion.
@RoninZwartsteen@saadakb27044496 Not at all. It just means that Flare’s vaults which have the best, easiest, simplest UI for users - ie the best distribution- can take advantage of any profit potential.
1. Why not ask the question the other way around first?
2. FXRP is non custodial. WXRP is custodial.
3. You are not a client of Hex (the custodian) so you can’t mint or redeem WXRP. This is a huge UX challenge that will be hard to overcome. You are going to have to end up buying it on a dex.
4. Flare Smart Accounts on the other hand mean that you don’t even need to leave XRP environments to use FXRP on other chains.
5. Flare has the most wallet integrations that support both XRP and Flare.
6. In the next version of FXRP anyone holding XRP on an exchange will be able to mint and redeem FXRP directly from that exchange. HUGE!
In short FXRP has distribution channels that are pretty hard to compete with.
7. Flare’s ecosystem has the most liquidity and capital available for any version of bridged XRP.
8. Flare’s ecosystem has the most applications available for any version of bridged XRP.
9. Flare’s ecosystem has the most builders dedicated to any version of bridged XRP.
10. WXRP can be quite beneficial for FXRP. FXRP will be on Solana also (as it is on many chains already) so if WXRP is incentivised on Solana or any other chain any FXRP holder or Flare Vault can move their FXRP there and swap for WXRP to take advantage of the incentives bringing those profits back to FXRP and Flare because FXRP and Flare’s vaults are just so easy to use.
FIRE as defined by FIP16 has several mandates - one of which is to provide yield, captured from MEV and fees, to asset issuers and daps.
This would make Flare one of the few places where you can earn yield on XRP, stables, BTC, RWAs etc based on how useful the asset you hold is to the Flare ecosystem.
Many thanks to President Trump for bringing common sense action to the issue of psychedelics.
Too many of my friends I deployed with have come home with invisible wounds and when seeking help, are given bags of prescription drugs by the VA to try to numb the pain, only to make things worse. Friends of mine like Medal of Honor recipient @dakotameyer have shared how receiving treatment with psychedelics have been nothing short of life changing and lifesaving.
President Trump took historic action today by signing a deeply impactful Executive Order that will open the doors to advance psychedelics research and treatment for our veterans and all Americans battling addiction and post traumatic stress. Stanford studies of this kind of treatment show an 88% drop in PTSD symptoms, 87% in depression & 81% in anxiety—one month later, veterans went from moderate disability to none.
This action is long overdue and could save countless lives.
Thank you, @Gatorade, for removing artificial FD&C colors and switching to newly @US_FDA–approved plant-based dyes from fruits and vegetables. I urge every food company to follow your lead and join us to Make America Healthy Again.
LIVE FROM THE OVAL: President Trump Announces Historic Reforms to Accelerate Access to Medical Research & Treatments Based on Psychedelic Drugs
"Since 9/11, we've lost over 21 times more veteran lives to suicide than on the battlefield... today, we're bringing them new hope."