Almost all future usecases of the blockchain (AI, Gaming, Identity, Real World Assets etc) will require some amount of external data attested onto chain. Decentralisation (without it there is no safety), scalability and low latency are key. Flare is the blockchain for data. #connecteverything
Elon's heroes told him SpaceX would fail.
He fought back tears as Neil Armstrong and Buzz Aldrin publicly opposed commercial spaceflight.
Today, SpaceX is going public in the largest IPO in history.
Let that be a lesson to anyone pursuing a dream others cannot yet see: Keep building. ๐บ๐ธ
In Phase 2, stakers on Firelight earn two types of rewards: the native staking yield on stXRP and coverage-related rewards funded by program operator premiums and protocol emissions.
The native staking yield and premium income accrue into the vault, increasing the position's redemption value, while protocol-token emissions are distributed separately.
TVL is a piece of the pie.
Transactions: Economic Activity (Mint & Redeem) PLUS DAILY GROWTH is when a killer use case proves itself.
XRP FAsset | FXRP
@FlareNetworks has built the best in the XRP Ecosystem. ๐ฏHands down.
TVL is a piece of the pie.
Transactions: Economic Activity (Mint & Redeem) PLUS DAILY GROWTH is when a killer use case proves itself.
XRP FAsset | FXRP
@FlareNetworks has built the best in the XRP Ecosystem. ๐ฏHands down.
flare-networks:native token economics have changed.
@HugoPhilion explains how FIP16 redefines the role of the FLR token, reducing inflation from 5% to around 2.6% per year.
He also explains why protocol yields could become much more attractive as DeFi activity on Flare grows.
Wow ๐คฏ 14% USDT0 vault on @FlareNetworks
But there's more,
For the first time, anyone can access a professionally managed Flare yield strategy from virtually ANY chain and ANY token. ๐
๐ โโ๏ธ No manual bridging.
๐ โโ๏ธ No complex DeFi routes.
๐ โโ๏ธ No managing multiple protocols.
Just deposit.
Behind the scenes, @bizantinelabs automatically moves capital across Flare lending markets to capture yield.
And thanks to @superformxyz, users can access the strategy without needing to start on Flare itself.
Why this matters:
โ๏ธ More liquidity enters Flare
โ๏ธ More activity across Flare lending
markets
โ๏ธ Higher TVL
โ๏ธ Easier onboarding for new users
โ๏ธ A smoother path for larger capital allocators to enter the ecosystem
Most people will focus on the 14%.
The bigger story is that Flare just became much easier for outside capital to access.
If you want to understand why thatโs important, read:
https://t.co/utjHb891wW
https://t.co/uRueilUUF1
flare-networks:native
โ๏ธ๐ถ๏ธ
Flare's data capability is what makes this possible.
FAssets v1.3 paves the way for centralized exchange integrations โ users withdraw $XRP from a CEX using native XRPL tags, FDC proves the payment, and it routes straight to FXRP on Flare.
@HugoPhilion with @RealAllinCrypto ๐
XRP as "Bitcoin for banks" does have a nice ring, with Flare as the yield layer.
Also reminders of use cases for the Flare Data Connector in trade finance deliverables.
It is a good time to be building.
@FlareNetworks
Coverage on Firelight will add an on-chain protection layer for DeFi positions.
Program operators elect cover on vaults, stakers provide capital, and a consortium validates incidents before triggering payouts.
Itโs a shared-risk model designed to make DeFi coverage more transparent, accountable, and capital-backed.
โMost VCs when I was raising money for Flare were like, why do you want to touch XRP,โ he said in aย recent interview.ย โAnd I was like, Iโm sorry you canโt see the opportunity.โ
https://t.co/hihKg4RoSv
Brad Garlinghouse dropping a simple โTrueโ under this is massive ๐
They laughed at the banker coin narrative.
Now everyoneโs desperate to become it.
Vision winning. $XRP season loading.
@HugoPhilion@Ripple@FlareNetworks