TheDeFiMontana

☆Journey to billion¡
Commodity trader but defi|meme enjoyer on here
Built @lodestar_flr

[Lodestar Protocol @lodestar_flr]

No liquidation price. No health factor.
Only a deadline.
This is Lodestar.
2,900 testnet loans later, Flare mainnet is next.

[Lodestar Protocol @lodestar_flr]

Flare community: we're running a live testnet campaign for Lodestar 🧭

Borrow against FXRP with no liquidation price. Only the deadline can close your loan.

$500 USDT is up for grabs. 5 winners, 100 USDT each, fixed, escrowed and auto-paid at the end. Not a lottery split.

Everything runs on Coston2, so it costs you nothing but time. Faucet tokens, real contracts, real settlement.
Quest → https://t.co/bjxq7dODGI

2,000+ have already supplied. Come break it before Borrow against FXRP with no liquidation price. Only the deadline can close your loan.
@FlareDevHub @FlareNetworks

[TheDeFiMontana @thegoldendefi]

@mesky_ @HYPEconomist @delpho_labs @NestExchange need the invite code to deploy funds

[Lodestar Protocol @lodestar_flr]

This week Lodestar takes its first defaults. On purpose, in public.

31 testnet loans blew their deadlines. No liquidation bots, no cascade, no panic. Here is exactly what happens next, before it happens.

[TheDeFiMontana @thegoldendefi]

@BernardArnault @LVMH well played, now make the fashion products (luxury clothing) all of them truly highest quality for that price and people will buy it. keep it simple, no slop

[Hugo Philion @HugoPhilion]

The market sucks. It’s not going to suck forever. I try not to navel gaze.

I spend 60% of my time thinking about what comes next and 40% of my time helping the team execute on existing plans.

Unlike a lot of projects that have blown through their capital and are shutting their doors, Flare remains well capitalised.

We have had massive success with FXRP (biggest XRP usage by a factor of 5-6) in the worst possible market - I expect usage and TVL to increase markedly as certain things come onstream - aided by a market recovery.

I want to do the same with FBTC.

Then there are killer apps for the whole space that CAN ONLY really be enabled by the FCC in conjunction with the rest of Flare’s product suite.

Lastly we will see Flare start to be used more widely for crosschain data.

Every inch we move forward will raise Flare’s profile and everything feeds revenue into FIRE.

[TheDeFiMontana @thegoldendefi]

RT @lodestar_flr: The voyage now pays.
5 sailors take 100 USDT each when it ends. Escrowed on-chain, paid automatically, no promises to tru…

[Lodestar Protocol @lodestar_flr]

Volatility can't close this loan.
Only the deadline can ⏲️
Lock FXRP, borrow USD₮0, repay by a deadline.
🧭 Lodestar, testnet live.

$FLR $XRP

[Lodestar Protocol @lodestar_flr]

New walkthrough. Lodestar, from the dashboard to your first loan: lock XRP, borrow USDT0 with no liquidation price, repay by a deadline you pick. Lenders earn the fees and sit senior. No wicks, no health factor, just a clock.
XRPFi on Flare.

[Lodestar Protocol @lodestar_flr]

Every lending protocol will liquidate you the second a wick crosses a line. Ours can't. Not won't, can't. There is no liquidation price in the code. The only thing that can close your loan is a date you chose yourself. Here's how that works, and why lenders still sleep fine:

[Lodestar Protocol @lodestar_flr]

The biggest lending protocol Morpho in DeFi just went fixed term. Strongest signal yet that term credit is where onchain lending is heading.
Read the docs closely though: Midnight positions still liquidate mid-term if they turn "unhealthy". The health factor survived.
Thats the part we deleted. On Lodestar only the deadline can default you. A 3am wick is not a margin call.
Early is only lonely until the giants show up, timing coincidence? 😉

$XRP $FLR

[TheDeFiMontana @thegoldendefi]

Liquidation is indeed a design choice, not that it won't cease to exist but like Vitalik Buterin proposed is that we will likely see more and more of protocols like Lodestar.

Read, you won't be disappointed, DeFi evolves so as well should lending and borrowing protocols.

$FLR $XRP

[Lodestar Protocol @lodestar_flr]

https://t.co/EhOHXqwK1m

[Lodestar Protocol @lodestar_flr]

https://t.co/EhOHXqwK1m

[Lodestar Protocol @lodestar_flr]

☀️Every loan on Lodestar pays one upfront fee, and it splits the second it lands: 80% to the lenders who funded it, 20% into a reserve.

👉No treasury black box, no wondering where the money went. You can watch the split on the dashboard in real time.

[TheDeFiMontana @thegoldendefi]

The expectation from Flare of some of the community are just unrealistic as well as those who post about unrealistic targets (not healthy), there is so much to do on Flare and build. There is really no chain thriving on it's own, it's almost mostly about those who built and use the chain that makes it attractive.

I keep saying this for years and yet everytime it's proven to be right, Flare lacks rather more holders enthusiastic about the chain, it's so well positioned.

[TheDeFiMontana @thegoldendefi]

On June 1, Vitalik Buterin published a research proposal arguing DeFi should replace forced liquidations with options-based structures entirely, no health factors, no margin calls, positions that resolve at maturity instead of getting wiped mid-crash.

Every major lending team publicly reacted within 48 hours. This is the live conversation at the center of DeFi research right now, not a niche idea we made up.

Built on Flare

$FLR $XRP

[TheDeFiMontana @thegoldendefi]

Total FLR family usage (FLR + WFLR + sFLR + stFLR) across all of Flare DeFi combined, staking, lending, LPs, everything is just $44.9M. That's only ~7.9% of FLR's $567M market cap. This is exactly the gap no-liquidation lending is built to close.
That means over 92.1% of all FLR sits completely outside any staking or DeFi collateral use today.
Massive unused headroom. 🧵

[TheDeFiMontana @thegoldendefi]

Why Lodestar specifically: every existing lender on Flare,Kinetic, Morpho Blue, Enosys Loans, Clearpool still runs on health-factor or LTV triggered liquidation. If the price wicks, you get sold off.

Lodestar has none of that. Every loan is a fixed-term put option: you pay a premium upfront, and only the deadline can close your position, not a price. FTSOv2-priced, and your collateral (sFLR, stXRP) keeps earning its own staking yield the whole time. Nothing like it exists on Flare yet.

[Lodestar Protocol @lodestar_flr]

Looking good, a shoutout and thank you to the testers.

Flare mainnet launch is close.

$XRP $FLR