Making Fassets safer, by introducing stables as collateral, and more capital efficient, by introducing the core vault, massively improved Flare as a product but substantially reduced the role of FLR in the ecosystem.
The upcoming Governance proposal FUNDAMENTALLY RELINKS FLR token economics to current and expanding usage of the ecosystem.
🤯 Buckle Up... Things Are Getting Spicy! 🥵
I've long predicted the integration of #FAssets into major exchanges, allowing them to earn and forward yield to their customers and now it's confirmed.
Tier 1 Exchange @krakenfx partner with @SentoraHQ to make this a reality, utilizing @Firelightfi's "DeFi Insurance" vaults launched on the @FlareNetworks to earn yield for their users!
"We are actively exploring how to integrate our insurance protocol Firelight as part of the Kraken Earn vaults."
If this does not give you an idea where this is headed then I don't know what will...
Let me put it as simple as I can:
Exchanges utilizing their (traditionally non yield bearing assets) to earn yield, by minting FAssets, putting them to use on the Flare Network via protocols like Firelight.
Ultimately, exchanges that do not offer their customers yield will be discarded in favour of those that do.
It's a race towards adoption / integration with Flare, @krakenfx leads and (I imagine) they will be shortly followed by @UpholdInc, @cryptocom and more.
You. Are. Early.
🔁 RT if you Agree! ❤️
https://t.co/8zUR4BwaN7
With the addition of Web2 attestations, Flare can now verify a wider range of event's outside that of a blockchain.
Fun fact: Flare was already good at this, this just casts an even wider net.
Web2, web3, web8, wtf is this web2 thing, Nick?
Think of Web2 as the internet you all know and love. You get your news reports, watch your stock prices, check the score of the game, play the daily wordle.
Think of Web3 as anything happening within a blockchain (assuming you know what a blockchain is). Your token swaps, you staking your $FXRP into Firelight, you sending your $FLR to another address. Everything done within this Web3 world is verified.
Think of Web2 and Web3 as different worlds in the same solar system.
Now, what happens when you want to do something on your Web3 world but that something relies on an event or piece of data in the Web2 world.
Let's say this something is simply flipping a switch, you just don't know which way to flip it.
You flip it one way and you turn off the lights and kill half your world, flip it the other and the lights are on for another year.
There are 8 people on the Web2 world that know which way to flip the switch.
Since you'd kill half you're world if you flip the switch the wrong way, you realllllllly want to make sure you're verifying the information on Web2 world before flipping the switch.
Picture one person from Web3 world trying to verify this information, but they can call only 2 people with the answer one whole world away. Things get lost in transit, data is corrupted, person 2 could even be purposefully telling you WRONG answer.
Point being, you'd want many people from Web3 world calling every possible source from Web2 world for the correct answer.
Think of the Flare Data Connector as this large group that is calling every possible source. This group ultimately verifies the correct answer so that it could be used to flip the switch, confidently.
This same verification can be applied across a wide range of data. The final score of a football game, the result of an election, the reserves a custodian holds for a given asset.
@FlareNetworks is connecting the worlds.
cyFXRP is now live on Cyclo.
Lock FXRP, mint cyFXRP, trade it, and later buy back + burn to unlock your FXRP.
No liquidations by design - cy tokens are market-priced.
Mint today: https://t.co/swZIWraH7q
Flare brings XRP spot trading to @HyperliquidX ☀️
This listing gives XRP deeper liquidity, better price discovery, and institutional-grade execution, unlocking real onchain demand while keeping settlement anchored to XRPL.
Powered by FAssets and the @LayerZero_Core OFT standard.
Trade FXRP/USDC → https://t.co/XZtz0BqOpu
@eyrockmusic Thank you for your delegation
We had one server blow up, which caused a performance drop. It should be ok now but we're going to add additional servers to help avoid this in the future
USD₮0 is a serious DeFi-enabler for Flare.
It brings what the network was missing: a stable, liquid, and interoperable asset — backed by @tether, trusted by institutions, and ready to scale.
Thanks to seamless cross-chain movement via @StargateFinance and clear DeFi use cases on @FlareNetworks (lending, LPs, perps), @USDT0_to is already drawing capital:
59.7M minted, +1600% MCap in 4 days.
You can’t build a real DeFi ecosystem without a liquid, interoperable stablecoin.
USD₮0 on Flare is that piece — and it’s what unlocks XRPFi. It strengthens Flare’s position as a more usable, connected, and institution-ready DeFi platform.
--------------
What does it mean for XRP’s DeFi future on Flare?
Institutions holding large amounts of XRP finally have a stable, DeFi-native counterasset (USD₮0) to pair with FXRP.
That enables:
- Participation in FXRP lending markets
- Providing liquidity to FXRP/USD₮0 pools
- Building structured XRP-backed products (e.g. synthetic treasuries, interest-bearing accounts)
USD₮0 makes XRP DeFi on Flare not just possible — but scalable 🌊
FAssets Open Beta officially closes with site sunset and rewards around the corner:
46K users minted 52.7M FXRP (~$164M worth XRP bridged) in this test!
Massive demand for XRPfi proven.
What will FAssets on mainnet trigger?
Thank you to everyone staking to our validator!
We've just re-staked our validator for a full year, and increased the capacity to 116m FLR
Fees remain at 15% - if you wish to stake with us, our node ID is NodeID-2q436GJKA5faTceNaAbu7CYxftv3K8fS4
1,093,254 wallets are holding $FLR. Here’s what you need to know as an FLR holder:
1️⃣ 66M FLR just burned as part of our 2.1B burn plan to strengthen the ecosystem.
2️⃣ FlareDrop.19 is coming in 2H—a 36-month airdrop program for our active community.
3️⃣ New rFLR rewards epoch just started with 510M FLR incentives in total for DeFi participation.
4️⃣ FTSO rewards are claimable every 3.5 days.
FLR token is our way to foster an open community and aligns incentives with you ☀️
#FlareDrop.14 is claimable now 🎈
• Ratio: 3.791 FLR/100 WFLR.
• Snapshots: 21,344,836 // 21,682,125 // 22,192,089
Still 22 drops to go.
Join whenever you're ready.
Simply wrap or stake $FLR to be eligible: https://t.co/Dk2zundc5F
Claim time again ☀️
More $FLR to claim with Flare Staking rewards (epochs 173-176) now available 🎈🎈
Staked $FLR get both staking rewards & #FlareDrops.
New to #Flare? There are 3️⃣ ways to get extra FLR: Delegating, Staking & FlareDrops.
Guides 🎥 https://t.co/UOumFLSyov
Your #FlareStake rewards (epochs 162-165) are here.
Claim 👉 https://t.co/d46qYyBMsC
New to $FLR? Learn in 3 mins: https://t.co/kGMBJInrEm
#Metamask & Wallet Connect now supported.
Details: https://t.co/NvRtZYEkwI
Remember: staked FLR can vote on FIP.06 (coming soon 🔔 )
3 governance proposals ready to review🚨
STP.06 & FIP.06 ▸ Launch FTSO Scaling, enabling 1000 data feeds & introduce the Flare Systems Protocol.
SIP.02 ▸ Prepare the State Connector on #Songbird for #FAssets.
🔗 https://t.co/Pnc7ZFrE0B
FLR Staking now available via https://t.co/t5ymaCUwpA using @MetaMask and @WalletConnect. ✅
Unsure how to stake and what to pay attention to?
Our guide helps: https://t.co/NvRtZYEkwI
#FlareStake
Thank you to everyone that has staked with Solarius so far!
We've just re-staked our validator and increased the space to over 100m FLR while keeping our fee at 15%
Our node ID is NodeID-2q436GJKA5faTceNaAbu7CYxftv3K8fS4 for anyone wishing to stake with us