Institutions need privacy, or so they say, but Flare Network requires cash flow to gradually build this privacy🐢by leveraging the Flare community as liquidity donors🩸
7 years and they couldn't build an economically successful token, so many ppl suffered because of such a misguided belief in them, a fact that can't be disputed, the FLR price reflects that they have been financed from retail for many years, just like their Ripple friens
I read the Flare whitepaper back in 2020 and got really excited about it, but what it has become now is just WAY bigger than the vision in the whitepaper.
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Today FLR inflation drops from 5% → 3%.
Most networks ask you to trust their tokenomics.
@FlareNetworks shows you every epoch — inflation, emissions, burns, staking — on @Dune.
Today I was fired from Flare.
During my 6 years at the company, I was responsible for spreading "positive FUD" about Fassets and onboarding fresh hommies to the Network🚌🚐🤕
But in the end, I failed.
P.S. Who should write such a real post? What are your guesses?
@BrandonSta13473@0xFinish@HugoPhilion@FlareNetworks Flare and ripple with their tokenomics will always be able to sell their crap at any price, this is the biggest problem, the FTSO cartel will be happy too, they need to pay for infra at someone else's expense and eat something.
@4DadsFtso@FV887606 Sorry, It's hard for me to continue this unpleasant conversation with complaints, I just think that Flare has made many fatal mistakes over this time and misled the community in an attempt to buy time to fix them.
@Xalandor2@4DadsFtso@FV887606 Although I am broken, I have not lost hope in Flare, but I regret that my positive statements about FLR have caused harm to people close to me.
@4DadsFtso@FV887606 Flare deserves such criticism for good reason. I spent a lot of time and effort, bought a Combot Pro, moderated a local group of more than 5 years, I never asked any penny for this, and they never even said thank you, and now we received this. Should we continue to remain silent?
@4DadsFtso@FV887606 Flare deserves such criticism for good reason. I spent a lot of time and effort, bought a Combot Pro, moderated a local group of more than 5 years, I never asked any penny for this, and they never even said thank you, and now we received this. Should we continue to remain silent?
@Forged4Glory@FlareNetworks This nonsense is what they feed us all this time. I'm sorry that many people I told about Flare are now suffering… I feel personal responsibility and regret. But Flare's cynics apparently think differently.
@ksw54548 👇 only confirms my theory. One of the factor is the increased demand for USD during periods of stock market overheating. It's not that all crypto market📉but rather that demand for currency increases. In such a situation, projects with💩marketing and tokenomics suffer the most.
@ksw54548 👇 only confirms my theory. One of the factor is the increased demand for USD during periods of stock market overheating. It's not that all crypto market📉but rather that demand for currency increases. In such a situation, projects with💩marketing and tokenomics suffer the most.
Looks like another round of dumping the FLR price and draining stablecoin liquidity from Flare Network. For Ripple & co Flare is just another market to offload their candy wrappers, yet everyone’s celebrating the rising TVL metrics 🤦♂️
@FV887606 It's hard to decide to buy something that is sold every 3.5 day/epoch by a bunch of unscrupulous people. I hope punishment and karma will catch up with those who caused so many holders to suffer
@here4lolz11@FV887606@HugoPhilion This is called rug pool tokenomics, both Ripple and Flare with FTSO's cartel pumping out liquidity from users to ensure their own comfortable existence.
@here4lolz11@FV887606@HugoPhilion This is called rug pool tokenomics, both Ripple and Flare with FTSO's cartel pumping out liquidity from users to ensure their own comfortable existence.
@nickap0n@FV887606 I've been saying this since day one. The entire ecosystem and tokenomics are so badly thought out, it's almost a guarantee you'll get washed out with sell pressure and inflation. I get called a hater, but I'm just a realist and I was right all along.