@TheGovtHatesU If someone who doesn't care about the bitcoin network can buy 4% of bitcoin and supposedly destroy it in 2026, then bitcoin deserves to fail.
I happen to think it's more robust than that.
A follower asked me a question about the $FLR chart and I noticed that it had a perfect LTF triple tap base formation and bullish retest, which is exactly what I was referencing in the quoted tweet on $CRV.
Like I say I've seen countless example of PA develop and play out in my nearly 10 years here, so when I share an idea that suggests something it's usually based off of years of experience seeing things play out exactly that way.
We know there are no guarantees in markets, but these types of patterns do occur and repeat frequently (even if they don't have a 100% hit rate). Being able to recognize these structures over time is what gives us an edge vs those who do not have that experience.
Confirmed that delegation rewards for Limit Order positions work on @FlareNetworks.
Any wFLR in an @enosys_global Dex V3 LO can earn claimable delegation rewards.
Also, created a token sweeper that lets you sweep any unwanted tokens into wflr or usdt0, or burn them if there is no LP available anywhere.
Enjoy
https://t.co/tbUoxLpfPd
FLR isnt uniquely broken, its just beta to a sector nobody wants to touch. If your thesis dies the moment you pull up a relative chart, it wasnt a thesis.
but defending the team because that narrative is wrong is its own mistake. The quieter problem is that the people around Hugo arent strong enough for what Flare is trying to be. Execution drifts, priorities keep landing on the wrong KPIs, TVL screenshots, partnership posts, FXRP launch hype, while the things that would actually move FLR (fee accrual, a real burn, organic demand that isnt agent collateral) keep slipping down the list.
FIPs don't fix that. You cant governance vote your way out of a token model that doesnt route value to the token. That needs the team to admit the original design under delivers and rebuild it, which is a much harder move than shipping another proposal and calling it progress.
The chain works. The product ships. FXRP is genuinely interesting. Thats not the issue. The issue is the people steering it keep optimizing for the wrong audience, retail hype on CT instead of structural token demand, and at some point "no exploits, TVL ATH" stops being a flex and starts being the ceiling.
x Altheus Research
Initial results are in, from 118 submissions.
What crypto assets are @FlareNetworks users holding that they would bring to Flare if able?
Assumed mid-range values for approx.
>$100,000 capped at $100,000 value.
Might be worth running an official survey @HugoPhilion
Posting the Article contents here as well, because I don't know how well articles work for distribution.
Ok, I said I'd share my thoughts on FIP.16 for those that care. Here they are.
This is long, because the proposal deserves that.
If you haven't read it yet, go do that first before you read this.
My opinions are my own and are based on how I perceive this will affect the network, the builders, the infrastructure providers, and the users.
You should form your own.
https://t.co/R0yKYqGBDe
A new governance proposal is live: Introduce $FLR Value Capture Framework
What it’s about:
• Lower inflation: Annual inflation falls from 5% to 3%, and the yearly inflation hard cap drops from 5B FLR to 3B FLR.
• Stronger fee burn: the base gas fee rises 20x, from 60 gwei to 1200 gwei, resulting in est. 300M FLR burned per year at current transaction levels.
• Protocol-level revenue accrual and FIRE setup: Establish a framework to collect flows from protocol fees and captured MEV from DeFi activity on Flare with scope to further reduce annual inflation.
https://t.co/Neml6On2gj