CrypCall ☀️

XRP FLR HLN APS

[Ēnosys @enosys_global]

At long last, Enosys Governance and APY Cloud are now live on the @FlareNetworks!

Stake your $HLN and $APS to participate in Governance and earn Real Yield generated by the Enosys product suite on Flare.

Fees are aggregated from Enosys DEX V2, Farms, DEX V3, Bridge, Defi Oracles, and soon Loans.

These fees are distributed as earned, in the form of WFLR, FXRP, sFLR, USDX, USDC.e, USDT0, HLN, APS, eUSDT, eETH, and eQNT.

The APY Cloud uses 24 hour epochs, with fees from our product suite being automatically aggregated and made claimable by governance participants.

Reward distributions are delayed by 2 epochs, so first rewards claims will be available in 3 days.

The accumulated fees that have been collected over the past 3 years will be injected into the Cloud in a controlled manner to avoid front loading.

We estimate these accumulated fees being distributed over the next few weeks.

[Darren "Thanasimos" Williams @Thana_Enosys]

$1.5M worth of $HLN and $APS staked in less than 2 hours.

All aboard.

[CrypCall ☀️ @CallCryp]

@whale589 @FlareNetworks What tracker is this?

[Ēnosys @enosys_global]

Enosys Global was founded with a single goal-

Create a useful defi product suite that would form the foundation for a real yield generating ecosystem.

Our team has been the longest lasting and most prolific builder in this ecosystem.

In the last 4 years we have developed and deployed:

DeFi Oracles - our Validator and data provider for the Songbird and Flare Networks

Skopos - custom blockchain indexing and analysis service

Dex V2 - a general purpose decentralized exchange based on Uniswap V2.

Farms - Yield farms for incentivizing Dex V2 Liquidity Provision

Simple Staking - a one click solution for quickly adding small liquidity amounts to Dex V2 and Farms.

Bridge - a bridge system with built in security and pauser functions

Gallery - an NFT marketplace and auction house with free NFT minting

Clover - a fair distribution and event protocol

Ermis - an end-to-end onchain encryption protocol for physical NFT redemptions

Samurai Staking - an NFT staking system, automatically allocating a share of revenue to stakers.

Oryy - a deterministic deployment of Safe, providing multisig

Dex V3 - a concentrated liquidity market maker based on Uniswap V3

Dex V3 Reward Manager - an automated onchain incentive system for incentivizing active liquidity in CLMMs

FTSO Reward Manager - an automated onchain system for managing wNAT delegations and rewards

Loans - a friendly fork on Liquity V2, providing the first CDP backed by XRP

Governance - automatic governance protocol that can actually execute protocol level changes.

Now, not all of those products have achieved significant success, not all of them are currently on the Flare Network, and not all of them generate revenue for Enosys or the Enosys Global Ecosystem.

However, with the launch of $FXRP and the upcoming launch of Enosys Loans, we believe the ecosystem is now ready.

The path is clear. The time has come.
The APY Cloud is coming to @FlareNetworks.

At its core, the APY Cloud acts like a financial advisor for the Enosys ecosystem, managing yields from the Enosys Global products and services. It collects fees from these products and distributes them to users who stake Enosys governance tokens, HLN and APS. The twist? The system dynamically adjusts payouts based on the ecosystem’s health, ensuring returns are sustainable.

The protocol monitors the balance between staked tokens and fees generated by product usage. When usage is high and fees exceed expectations, APY Cloud shares a portion of the surplus with stakers. During lean times, when fees are low, it taps into saved earnings or reserve funds to maintain a minimum return for at least three years, though prolonged low performance could strain this safety net.

The APY Cloud operates with three adjustable settings to keep things fair and stable:

Minimum APY (5%): This is the baseline return stakers can expect, though it’s not guaranteed in extreme conditions.

Maximum APY (35%): The highest yield users can earn, depending on platform performance.
Excess Threshold (7%): Any returns above 35% are capped at an additional 7% (totaling 42%), with excess savings stored for future use.
These parameters, set through community governance, allow the APY Cloud to adapt to market changes. For example, if the platform earns more than expected for three months straight, it distributes a portion of the excess to stakers daily, encouraging active participation. If earnings dip below the minimum, the system uses saved funds or reserves to cushion the blow, incentivizing users to boost platform activity.

The APY Cloud has been running for 4 weeks now on Songbird, distributing current and historical fees to $EXFI and $SFIN stakers at an average APR of ~25-30%.

In the coming days, $APS and $HLN holders on Flare will be able to stake their assets in Governance to earn a share of all fees - past, present, and future - earned by all products in the Enosys Global mainnet ecosystem. Historically aggregated fees will be added to the distributor on a rolling basis to avoid front loading and to support the rewards as we head into the Launch of Loans. These fees are distributed in the form they are collected, so stakers will be receiving: wFLR, sFLR, FXRP, HLN, APS, USDT0, USDC.e, eETH, eUSDT, eQNT, BNZ, USDX, and (soon) CDP and stXRP.

We know you are thirsty.

Let the rains come.

[CrypCall ☀️ @CallCryp]

@FlareNetworks @enosys_global Been around since the FLR Finance days. Best DEX and team on Flare imo. I see a lot of complaints about V3, but if they knew how lucrative it can be, I’m sure they’d take the time to learn how things work.

[Ēnosys @enosys_global]

At long last, the wait is over.

$FXRP is HERE!!

We have already deployed new incentivized LPs on DEX V3 supporting FXRP.

Bridge your XRP at : https://t.co/JZd1OPIWwr or https://t.co/1dF5iMvePB

Then put your FXRP to work at: https://t.co/kmWw4FKekp

[Ēnosys @enosys_global]

We are thrilled to announce the upcoming launch of Enosys Loans, a friendly fork of Liquity V2 by @LiquityProtocol, deployed on the @FlareNetworks. This marks a historic milestone in the DeFi landscape as the first-ever Collateralized Debt Position (CDP) protocol to leverage XRP (FXRP) as collateral to mint a stablecoin.

Initially supporting FXRP and wFLR as collateral - but with plans to expand support to include staked XRP (stXRP from @Firelightfi ), FBTC (Bitcoin bridged to Flare), and other assets - Enosys Loans is poised to unlock unprecedented utility for major cryptocurrencies like XRP and Bitcoin in decentralized finance. By harnessing Flare’s advanced infrastructure, including the Flare Time Series Oracle (FTSO) for decentralized collateral pricing, Enosys Loans is set to redefine how non-smart contract assets participate in DeFi.

Unlocking DeFi for XRP

For the first time, XRP holders can use their assets as collateral in a CDP to mint a new stablecoin, enabling participation in DeFi applications such as lending, borrowing, and yield generation while still maintaining exposure to the underlying FXRP. This is a transformative step for XRP, which, due to the XRP Ledger’s lack of native smart contract functionality, has historically been excluded from the broader DeFi ecosystem. The planned inclusion of FBTC will further extend this capability to Bitcoin, unlocking the potential of two of the most valuable cryptocurrencies-representing trillions in market capitalization-for DeFi use cases.

A Friendly Fork of Liquity V2: Proven and Enhanced

Enosys Loans builds on the robust foundation of Liquity V2, a leading CDP protocol on Ethereum known for its efficiency, low fees, and user controlled interest rates. By forking Liquity V2, Enosys inherits its battle-tested mechanics while tailoring the protocol to Flare’s unique capabilities. This friendly fork enhances Liquity’s model by integrating Flare’s decentralized infrastructure, ensuring Enosys Loans is optimized for scalability, security, and interoperability.

Flare FTSO: Decentralized and Reliable Price Feeds

A cornerstone of Enosys Loans is its use of the Flare Time Series Oracle (FTSO) for decentralized collateral pricing. Unlike traditional oracles that may rely on centralized data sources, FTSO aggregates price feeds from independent signal providers, delivering highly accurate and tamper-resistant data for assets like FXRP and FBTC.

This ensures that Enosys Loans maintains precise collateral-to-debt ratios, protecting users from volatility and enabling trustless, secure borrowing. With the FTSO’s ability to scale to thousands of data feeds (as seen with FTSO V2), Enosys Loans is future-proofed for supporting an expanding range of collateral types.

Delegation Rewards and FlareDrops

In keeping with the Enosys ethos, all wFLR that is used as collateral will be delegated on the owners behalf. This wFLR will receive delegation rewards and FlareDrops which will be claimable by the owner when distributed by the Flare systems.

Expanding Collateral Options

Enosys Loans will initially support FXRP and wFLR as collateral, enabling XRP holders to mint a stablecoin for use in Flare’s DeFi ecosystem. However, the protocol’s roadmap includes support for stXRP, FBTC, and other F-Assets, creating a versatile platform that caters to diverse user needs.

This expansion will position Enosys Loans as a multi-asset CDP, allowing users to leverage a variety of high-value cryptocurrencies while maintaining the protocol’s decentralized and trustless ethos.

[Ēnosys @enosys_global]

USDT0 on @FlareNetworks has resulted in huge network inflows, with total TVL reaching over $150M!

Along with the growth has come some generous incentives for liquidity providers.

Don’t miss out on the opportunity! Here’s how you can participate:

[Flare ☀️ @FlareNetworks]

The FAssets Beacon Quest is live🔆

Complete tasks to win a share of $40,000 in FLR, with $10,000 distributed weekly.

Explore FAssets, bridge $BTC, mint, redeem, and provide collateral—all trustless and secure.

Join the quest, powered by @GalxeQuest:
https://t.co/73lf0p82tn

[CrypCall ☀️ @CallCryp]

@footyheadline1 Dm

[CrypCall ☀️ @CallCryp]

@BestFtso @FlareNetworks Shuffle pack bought on bestftso doesn’t show up on KoS?

[CrypCall ☀️ @CallCryp]

@RaritySniperNFT @SparklesNFT @FlareNetworks

[xHaven @xHaven_io]

🐦🐦🐦 https://t.co/Q7nZXb2vvG ✨✨✨

[CrypCall ☀️ @CallCryp]

@SparklesNFT @trvisXX 👀

[CrypCall ☀️ @CallCryp]

@BestFtso Are we able to claim more than one shuffle pack using nftp?

[CrypCall ☀️ @CallCryp]

@BitrueOfficial SGB/CAND 👀

[CrypCall ☀️ @CallCryp]

@BabaCugs You don’t need to add. It will probably show up once its airdropped

[Ēnosys @enosys_global]

The snapshot is now complete!

Block Height: 4110872

Everyone prepare to receive your $EXFI over the next few days. 🙌🏼