Just minted FXRP and wondering what’s fuelling DeFi across Flare? ☀️
Meet rFLR; the incentive engine driving liquidity, lending, swaps, and more across the ecosystem.
Here’s your TLDR
📊 @MessariCrypto’s latest Pulse Report tracks how @FlareNetworks’ DeFi ecosystem is accelerating.
FXRP minting has already surpassed 30M. TVL is up 25% and climbing, with more covered in the report.
Beyond the numbers, the report looks at the ecosystem as a whole from; FXRP minting, FAssets incentives, @USDT0_to liquidity, and the upcoming @Firelightfi staking layer.
The data tells the story ☀️
Each FXRP cap raise has sparked a new wave of DeFi activity - expanding the amount of XRP bootstrapping finance on-chain.
Once this cap is reached, @FlareNetworks will stand as the biggest needle-mover for $XRP in the EVM world.
Watch it unfold live on @dune 👇
https://t.co/FSPd3Gw38N
With the latest integration, you can now use @XamanWallet to mint FXRP through the FAssets app.
And this is only the beginning.
🛡️ We are working on chain-abstraction to make your XRPFi journey smoother and safer.
Next week's Builder Workshop: Flare Protocols, start-to-finish.
What they are. How they interact. How to build with them.
Join + bring questions for the live Q&A.
RSVP here: https://t.co/865BWluDaw
Just 3 weeks in, 20 million FXRP have been minted, with half already put to work in @FlareNetworks DeFi.
How do you see this evolving as institutions start to onboard?
To the first wave of @wallet_tg users discovering @FlareNetworks:
If this was your first time holding FLR, welcome.
Heard next campaign is fast approaching 👀
A strong signal for institutional adoption.
If @Spectra_Finance’s SGP-14 passes, Spectra will launch on @FlareNetworks, unlocking institutional-grade yield trading and modular lending.
Connecting @SceptreLS sFLR and @Firelightfi stXRP to deeper capital markets 🔓
Our launch vault is built on the ERC-4626 standard, ensuring compatibility and integration with the broader DeFi ecosystem.
It’s non-custodial, so users maintain control over their underlying $XRP.
Learn more about the architecture of the vault. 👇https://t.co/Ex6Kp9wJaW
Read about what makes FAssets stand out: https://t.co/f1vGQSPitc
Want some FXRP?
Cap raise coming — this time, more can get on the XRPFi train. Stay tuned ☀️
Announcing the Flare x Waterloo Blockchain Hackerhouse in Buenos Aires, Argentina 🇦🇷!
🗓️ November 17–23
⚡ Featured: Devconnect & ETHGlobal Buenos Aires Hackathon
#FlareNetwork#WaterlooBlockchain