Engr. Todd Murtha ☀️🇺🇸

CTO @FlareNetworks ☀️

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Proud moment for the team.

@XRPLF just added Flare to the recommended UNL. Nodes following the Foundation’s list now count our validator in consensus and on amendment votes.
We’re not just building FXRP and DeFi on top of XRPL — we’re now helping secure the ledger itself. ☀️

Long-term infrastructure commitment > short-term narrative.

[XRP Ledger Foundation @XRPLF]

We welcome @FlareNetworks to the recommended XRP Ledger validator list published by the XRPL Foundation.

Flare aligns with the core values of the @XRP Ledger, is actively participating in governance, and contributes to the broader ecosystem.

[Firelight @Firelightfi]

Firelight has one official X account and one official Discord server.

Our team will never DM you first or ask for your seed phrase, private keys or access to your wallet.

All official channels. 🔽 https://t.co/qGPMeEUkrW

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Haha, sometimes the best opportunities find us! ☀️🤝 Glad to have you in the Flare ecosystem. How has your experience been so far? Have you explored any of the staking or DeFi opportunities yet? @JamyDodgerX

[DodgerX @JamyDodgerX]

@FlareNetworks It found me

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

The real architectural win in XRPFi is the separation of concerns + native data availability.

FDC runs as a first-class protocol on Flare, producing cryptographic proofs of XRPL transactions that FAssets consume for trust-minimized FXRP mint/redeem. No wrapped-token trust assumptions, no external bridge operators. FTSO then supplies the decentralized price series that the collateralization engine uses for LTV calculations and liquidations—so the risk parameters are also on-chain and continuously updated by the Flare network rather than a centralized oracle.

XRPL stays the settlement layer for XRP. Flare becomes the EVM execution + data layer. Clean.

[Flare Devs @FlareDevHub]

At the core of XRPFi are two data protocols built directly into Flare.

The Flare Data Connector (FDC) verifies XRP transactions on the XRPL. FAssets uses those proofs to mint and redeem FXRP on Flare.

The Flare Time Series Oracle (FTSO) provides decentralized price data used to value the collateral backing FXRP and manage collateralization requirements.

XRPL handles the XRP payments. Flare verifies those transactions and provides the smart contract infrastructure for DeFi.

Technical overview:
https://t.co/eowtsAXE7Y

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

@BobShermint Glad to have you onboard the Flare ecosystem! 🤝 I’ve already followed you and sent a follow-up message. Please check your messages and let me know once we’re connected so we can stay in touch!

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hey Bob! We really appreciate your support and confidence in Flare’s long-term vision! 🤝 It’s great to see you recognize the potential of bringing XRP into DeFi and creating new yield opportunities. Have you explored XRPFi or started putting your XRP to work through the Flare ecosystem yet? We’d love to hear about your experience so far! @BobShermint

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

@cryptowealth589 You would need to migrate those SPRK into FLR through the Flare mainnet portal, provided they’re eligible. Please follow and send me a direct message with the details so I can better understand the issue and guide you through the appropriate escalation process.

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hi there! We appreciate you bringing this to our attention, especially given the significant amount of FLR involved. We understand how frustrating this must be. Since you mentioned having documentation regarding the Celsius court order and your outstanding 300,000+ FLR, we’d like to better understand the situation. Have you previously submitted a formal claim or raised a support ticket regarding this distribution? Also, were your tokens held directly with Celsius at the time of the original Flare snapshot? This will help clarify the appropriate next steps for reviewing your case. @cryptowealth589

[Digital Wealth Advisor @cryptowealth589]

@FlareNetworks I wish I had my Flare from the Celsius fiasco. The Judge ordered Flare to send the tokens to Celsius, but Flare never did. So I never received over 300,000 Flare tokens. I have ALL the documentation if you would care to help me out. Thank you.

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Thank you for clarifying. Please forward the relevant documentation, including the Stretto notice, court order, and claim details, through an official support channel so they can be reviewed properly. Also, can you confirm whether you initially received your Spark/FLR allocation at a 1:1 ratio based on your eligible XRP holdings, or whether the entire allocation remains outstanding? This will help us better understand the distribution discrepancy and determine the next steps.

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hey John! We appreciate you sticking with Flare all these years! 🤝 We understand the frustration, especially after consistently delegating and seeing the market price below your purchase price. The ecosystem has evolved significantly beyond traditional delegation, with new DeFi opportunities through XRPFi and liquid staking. While yields don’t guarantee price recovery, there are more ways to put your assets to work today. Are you still delegating your FLR, or have you explored any of the newer staking strategies? @john_lee_589

[johnlee @john_lee_589]

@FlareNetworks Airdrop got me hooked. Purchased more to get more drops and after all these years of delegations, price is lower than the price I had purchased. Lol

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hey! That’s awesome! 🤝 You’ve been around since the original XRP snapshot days, and the Flare ecosystem has evolved tremendously since then. We’ve grown from the initial FLR distribution into a thriving DeFi ecosystem with FAssets, XRPFi, liquid staking, and new opportunities to put XRP to work while earning yield. It’s a completely different experience today! Have you explored any of these developments, or are you still primarily holding your FLR? @Digitalqueso42

[Digitalqueso42🧀 @Digitalqueso42]

@FlareNetworks From following xrp. Actually set up my wallet to receive the airdrop.

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hey there! Sorry to hear you had a rough experience before finding Flare. We’re glad to have you in the ecosystem! 🤝 Mind sharing what happened and whether it involved another project or something within Flare? We’d love to understand your experience and hear how things have been going for you since joining us. @TheStellarian77

[The Real Stellarian 77🚀~ (THEleventh-Hour/1:11pM) @TheStellarian77]

@FlareNetworks I got burned and came here for graphing…

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hey Mike! Great to have you with us for the past 2–3 years! 🤝 We appreciate your continued confidence in Flare and love seeing community resources like EasyA helping people understand the ecosystem. Have you been staking your FLR and earning rewards, or are you mainly holding for the long term? We’d love to hear how your experience has been so far! @camaro_Q45

[Mike 🇺🇸 @camaro_Q45]

@FlareNetworks I think I picked up a bag of flare 2-3 years ago. Bought more after learning more about flare from the @easya_app

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hi Wayne, we genuinely appreciate your support since day one, and your concerns are completely understandable. Early supporters deserve clear communication, particularly regarding how Stage 2 may affect existing stXRP positions and rewards. Could you clarify whether you withdrew your entire position or still have some stXRP staked? We’d like to better understand your situation and ensure your concerns are properly addressed. @AussieWayne2

[AussieWayne @AussieWayne2]

@admff492 @Firelightfi @jrdothoughts @FlareNetworks @HugoPhilion Yes you showed just how much you appreciated mine and others support as Flame bearers from day 1 after we reluctantly withdrew our stXRP due solely to the spectacular lack of disclosure guidance from Firelight re how the launch of Stage 2 might impact us?

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

@UrquhartScot Follow back so we stay connected 🤝

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hi Timo! 👋 XRP yield depends on your staking strategy. Flare Smart Accounts can offer approximately 8–14% APY through selected DeFi strategies, although rates are variable and not guaranteed. Uphold’s yield may differ. Are you currently holding your XRP on Uphold or using a non-custodial wallet? @timopekka13

[Timo Haikarainen @timopekka13]

@KingKaranCrypto how much yield for xrp?

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

That’s correct, Shawn! Since you’ve been staking from the early stages, your Phase 1 accrued points also need to be redeemed directly through the official Firelight mainnet portal, separate from your early participant FXRP rewards. Phase 2 introduced yield accumulation through the vault’s exchange rate, so your returns are now reflected in your stXRP value. Have you redeemed your Phase 1 points yet, and did you receive any early depositor boosters?

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hi Shawn! Yes, you’ve got the right idea! If the current vault exchange rate is 1.002 FXRP per stXRP, redeeming 1 stXRP would give you approximately 1.002 FXRP before any applicable fees. That’s how your accrued yield is reflected in the vault’s share price rather than paid separately. How long have you been staking with Firelight, and are your returns matching the advertised APY so far? @murphylee0012

[Shawn Murphy @murphylee0012]

@CristineXRPCoop Hi, so if I’m reading this correctly at the current rate I’ll get 1.002 fxrp for every 1 stxrp if I withdraw from the vault currently? Not saying I will. Just grasping an understanding.

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hi John! Gross rewards represent the total rewards earned through delegation, staking, and other eligible activities, while received rewards reflect what’s actually been distributed or claimed. The figures may not match immediately due to pending rewards, distribution schedules, or applicable fees. Are you noticing a significant difference between the two, and are you tracking them through the Flare portal ? @UrquhartScot

Follow so I can follow-up on this 🤝

[John Urquhart @UrquhartScot]

Can someone please tell me if Gross Rewards (Earnings, Delegation Rewards and Staking Rewards) will ever equal received rewards? @xrpen15 @Catenalytica @aucc_official

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Have you had a chance to explore the available yield opportunities? Also, are you currently holding your XRP and FLR in a self-custody wallet or on an exchange? Happy to help you get started! 🤝

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

That’s great to hear! Flare is designed to bring additional utility to XRP while allowing FLR holders to participate in network rewards. Since you’re focused on both long-term growth and passive income, exploring Flare Smart Accounts and XRPFi could be a great starting point. You can put your XRP to work through non-custodial yield strategies while delegating or staking your FLR separately. Are you currently holding your XRP and FLR on an exchange or in a self-custody wallet? That’ll help determine the best approach for getting started. @Txom64

[Basque @Txom64]

@jwalkerflr Appreciate the responses.

Looking for both long term and passive income.

And to see how Flare operates "synergistically" with XRP.

Been an XRP holder for some time and own the Flare token. Looking to get more and put to work.

Seems like an incredible opportunity.

[Engr. Todd Murtha ☀️🇺🇸 @EngrToddM]

Hi James! FLR is listed on Binance in supported regions, although availability varies depending on local regulations, including UK restrictions. You’re right about Bifrost, though! It’s a popular non-custodial option for holding FLR, delegating to FTSO providers, and accessing staking opportunities. Are you currently holding your FLR on Bifrost, and have you started earning rewards? @jamessharris

[JⓋHarris @jamessharris]

@FV887606 Hmmm 🤔, didn’t think FLR was on Binance? Isn’t for the UK anyway. Surely you’d hold all your FLR on a wallet like Bifrost?