If you own 500,000 $FLR and
#Flare
hits $1.00 down the road. Delegation yields on average 12%. That's 60k a year. Not to mention if you receive airdrops over the next 2 years your 500k flare would become 1M.
Interesting thoughts. This is without compounding.
Flare's Recent Growth & Roadmap for Success ☀️
(Community Growth & FIP.09)
Who's firing on all cylinders?
#Flare
.
The last seven years for
@FlareNetworks
and the entire ecosystem have been incredible. Let me explain why.
Flare's development journey has taken us from the
Why I think $FLR could hit $1.00 down the road.
#FAssets
Collateral.
Two kinds of collateral secure FAssets:
- Vault Collateral - Provided by Agents
- Pool Collateral - Provided by Agents and You and I who
hold $FLR who want to contribute to the pools (Focus
is here)
I keep getting the question... why do you see so much value in
#FAssets
. What if it's not utilized to its full potential? Then what?
There's still a long road ahead for the canvas to be painted for Flare, but that doesn't mean the framework isn't being laid. The progress by the
The T-Pool has just recorded its largest transaction: 🚀☀️
$9,994,999 USDX in the
@ClearpoolFin
T-Pool on
@FlareNetworks
. This is the largest single transaction we've observed so far, and it's only been four days since launch. The potential growth over the next year+ is
If this doesn't get you excited for the future of $FLR, initial participation in FTestXRP is impressive! Achieving these numbers in a beta phase with a single asset in such a short time shows serious strength. Keep participating!
#Flare
retrodrop inbound 💪☀️
XRPL testnet is now back.
Here's what we've achieved in 4 days:
> 2,000 addresses participated
> 8,319 mints & 5,536 redeems
> 2.7M FTestXRP minted & 1M redeemed
The
#FAssets
open beta is about testing all aspects of the system, so let's get those redemption numbers up 🔥
Scheduled Network Inflation Changes: ☀️
#Flare
Network
- Year 1: July 2022-23 - 10%
- Year 2 July 2023-24 - 7%
- Year 3: July 2024+ - 5%
#Songbird
Network
- Year 1: July 2021-22 - 10%
- Year 2: July 2022-23 - 7%
- Year 3: July 2023+ - 5%
All scheduled network inflation changes
I'm excited about future partnerships between
#Flare
and other companies, particularly the onboarding of major tech firms as validators and infrastructure providers.
#Flare
's partnership with
#Google
Cloud was just the beginning☀️🚀
Today,
@SceptreLS
x
@FlareNetworks
introduced Liquid Staking with an initial cap of 90 million $FLR. It's on track to reach that limit within a single day, showcasing the significant demand for top-notch
#DeFi
offerings.
@romeblockchain
is spearheading innovation in crypto
Sceptre, a multi-network Liquid Staking solution, is poised for launch on
@FlareNetworks
and we're just one day away! ✨
In the past week alone,
@SceptreLS
has forged significant partnerships to enhance its reliability, utility, as well as security:
-
@Ledger_Works
(boosting
🚨 FAssets are almost here...
I anticipated added delays for
#FAssets
due to the FTSOv2 upgrades, pushing our timeline to the end of June or early July. However, the team is making excellent progress.
-
#FAssets
are in the process of being onboarded to $SGB
Next, FAssets will
💥Breaking news💥
The State Connector on Songbird has been upgraded to prepare for the roll out of FAssets
Step ny step functions part of the fassets system is being upgraded on Songbird. Progress is faster than I expected 💪
The
#Flare
ecosystem has experienced numerous updates/proposals in recent weeks, and I anticipate even more exciting changes next week.
#connecteverything
😤☀️
🟡 Anchor updates: Free, updated every 90 secs - Good for general applications.
🟢 Stream updates: Free, updated every 1-2 secs- Perfect for dapps working with volatile assets or periods.
The FTSO upgrade unlocks both and more for you &
@FlareNetworks
.
Quote from
@MaelstromFund
Regarding Oracle Competition:
"The winner in this space will be the one that delivers trustworthy, up-to-date data, fosters strong network effects, and adapts to the evolving demands of the DeFi ecosystem, including emerging sectors like AI that
Understanding the variance in yield generated for USDX staking (T Pools) ☀️
The 8% yield offered by the
@ClearpoolFin
T-Pool on
@FlareNetworks
is composed of two components: a 4% APR in USDX and an additional 4% in $FLR rewards. Let's break down where these yields come from:
With the overwhelming approval of STP.07 on
#Songbird
(99%), we now move to
#Flare
for FIP.07. ☀️👏
Deployment time for the protocol on the Flare Network, if approved, is projected end of June.
A crucial step towards enhancing the network's efficiency and responsiveness,
Voting starts June 5th ⤵️
FIP.07 brings near real-time data to builders for free with FTSO fast updates.
New to
#Flare
? Your $FLR grants voting power - wrap it by today to vote 🎫
My explanation to why I focus my attention towards
#Flare
is simple.
No other blockchain is doing what
@FlareNetworks
is doing.
When you partner industry leading tech with ingenuity, new opportunities are unlocked.
The proof is in the pudding. Take some time to understand the
FAssets are progressing!☀️
You now have the ability to mint FTestXRP. Early minting of
#FAssets
is important because it rewards early adopters, promotes network growth, strengthens community engagement as well as improving stability within the ecosystem.
A special retroactive
Ready to try
#FAssets
minting? ☀️
The demo for FTestXRP minting & redemption is live on .
This is just a taste of what's to come. The official FAssets dashboard with full features is on the way.
🪂 Participating in the demo dapp could get you included in
MUST READ: FASSETS
You might be wondering, "Who" are the key integrants of the
#FAssets
System and how well do they harmonize?
I think many misunderstand the meaning behind Flare's motto, "Connect Everything". They didn't arbitrarily pick two words, instead, the genius behind
What’s a major problem in blockchain?
Proving data.
Sooo how do you understand an external system without being centralized? In other words, Oracles cannot have a single point of failure.
A lot of Oracles have seen the light of day but faded into the night, because they
Introducing the first 1:1 stablecoin native to
#Flare
☀️
This is the first RWA protocol on
#Flare
. Users can stake USDX for cUSDX, which can be used as collateral in FAssets.
The addition of USDX, a stablecoin, to the Flare network is important for several reasons:
1.
Hex trust is launching the first native stablecoin on Flare and Clearpool are launching the first RWA protocol on Flare, enabling the stablecoin to be deployed to earn treasury yield. This is an amazing thing for the Flare DeFi ecosystem and for the FAssets protocol.
LayerCake - Decentralized Insured Bridging.
Only on
#Flare
☀️
LayerCake is a protocol being developed by
@FlareNetworks
that aims to enhance cross-chain interoperability with a unique focus on decentralized insured bridging.
LayerCake ensures that each transfer is fully backed
Minting FTestXRP☀️
Minting FTestXRP is very easy and presents a great opportunity for you to earn additional rewards through
@FlareNetworks
' retroactive airdrop while also supporting the ecosystem. It's a win win.
#FAssets
are currently in beta, and the high participation
#Flare
is nearing
#shipeverything
. With another week behind us, we’re gearing up for another action-packed week ahead.
Happy Father’s Day to all the amazing dads out there! 🙌☀️
The sentiment surrounding
@FlareNetworks
and their developments is exceptionally positive. This is evident as key figures and those working closely with the team are clearly confident in their future potential—positive sentiment points to the stars.
#Flare
$FLR
How can you fade $FLR?
The so-called “Oracle Wars” will be won by projects that not only address current market demands but also prepare for future challenges.
Flare isn’t just an oracle provider, it also has compute.
#Flare
integrates its decentralized oracle system directly
If $FLR hits $.4 this cycle. $FLX will hit $.005. Roughly a 50x. Market cap would still be dirt cheap at $150m. That’s what $SGB is at…enough said.
If the bull run really picks up steam in a year from now (that’s what history has demonstrated) the supply will be under $20B
#Songbird
State Connector Upgrade✨✅
The recent State Connector upgrade on the Songbird network, which went live on May 16, 2024, brings significant advancements in cross-chain interoperability and security to the
#Flare
$FLR ecosystem.
The State Connector enables the
There's a lot of excitement surrounding $SGB as
#FAssets
appear poised for onboarding (very soon).
I often get asked, "What is Songbird?" While it may seem straightforward to some, the concept can be puzzling for others. The simple answer - it’s Flare with training wheels.
$FLR
#Flare
is gaining more and more traction and it's happening fast. It's great to see its story play out and more people hopping on board.
With that being said, I do believe we should keep a level-headed mindset and open our eyes as development continues to play out.
I said
MUST READ: STAKING
Key Components of Staking your $FLR
Things to keep in mind:
- Your staked tokens are eligible for FlareDrops, but can not simultaneously earn FTSO delegation rewards.
- You need to keep a small amount of FLR on both the C- and P-Chains for fees.
- When
Another week down, and we're eagerly anticipating updates on the
#FAssets
open beta. Continue to keep redeeming your FTestXRP. We've also received updates on FTSOv2, and a new governance proposal to drive innovation. Gear up for another action-packed week of everything
#Flare
☀️!
Gain deeper insight into how to better utilize your $FLR ☀️
Tomorrow,
@flare_dot_space
will release a new feature designed to optimize your
#Flare
delegations.
They’re creating helpful and intuitive dApps for everyone to use. As well as creating helpful and informative
Importance of FTestXRP Redemption
Observation:
@FlareNetworks
sure is posting a lot about redemptions regarding the FTestXRP
#FAsset
Open Beta. 🤷♂️😳☀️
Holding onto FTestXRP does not benefit the system because it reduces the amount of available collateral for those looking to
Between you and I
LayerCake
Data Connector
FTSO
FAssets
$FLR is THE blockchain for data. It’s so well thought-out and seamless.
Everything really does just … Connect.
#Flare
☀️
FIP.07 has passed☀️
Onboarding of FTSO Fast Updates onto
#Flare
will commence - increasing performance.
This would typically decrease stability within the system, However, strategic solutions have been implemented.
Solutions:
💡Each Block, Providers are Randomly Selected
FTSO Fast Updates are coming to
#Flare
mainnet with FIP.07 approved. ✅
Fast updates are already live for testing on
#Songbird
.
FTSO data providers are welcome to join testing.
Block-latency data feeds are almost here.
Institutional adoption of
#FAssets
will soon become commonplace☀️
Becoming an agent within the
#FAsset
system is highly lucrative, allowing you to earn yield on your locked collateral. As an agent, you receive minting fees, redemption fees, trail earnings, and your standard
I am taking part in the FAssets open beta phase 1. The instructions on the web page how to set up the FAssets bot on my server where clear, however, only for the technical savvy. I minted and redeemed FAssets and learned a lot about Linux programming. It is fun
@FlareNetworks
June marks the beginning of a monumental era for the entire
#Flare
ecosystem. Major announcements in the coming days.
We're on the cusp of a turning point, where the once-unimaginable becomes reality. The wait has been long, but as they say, diamonds are formed under immense
#Flare
is likely Undervalued ☀️
Here's 4 Reasons Why.
Current Traction:
Flare is beginning to gain significant traction in the blockchain space (DeFi, AI, Gaming, NFTs, etc.). It currently has a fraction of the number of integrations compared to its competitors, indicating
Price predictions are indeed very dumb.
Yet they ignite excitement, make us hum.
Will $FLR rise with the morning sun?
Share your thoughts, let's have some fun☀️
I enjoyed listening to the
@GenfinityIO
$FLR Deep Dive with
@HugoPhilion
yesterday. Discussions centered on the Flare Network are always insightful and engaging. Here are the timestamps for key points from the discussion👇
- Hugo's role within the Flare Network (:35)
- How Hugo
@BryceWGarcia
I wouldn’t necessarily classify yard work as a “chore”. It’s a chore to you, but for others it’s therapy. Everyone has their own way of managing stress. That’s how my father is. There’s stuff that every single one of us does that someone would consider “hiring out” someone for.
The TVL on
#Flare
and
#Songbird
✨
It's important to use dApps on
#Flare
.
TVL on
#Flare
is crucial for the ecosystem's health and growth. As we anticipate an increase in Total Value Locked (TVL) over the coming weeks to months, active participation is key for
@FlareNetworks
'
DeFi: The Total Value Locked (TVL) of $SGB on
#Songbird
is $2.97m across 271,160,760 tokens which represents 1.83% of the circulating supply, and on
#Flare
, the TVL of $FLR is $10.41m across 383,401,106 tokens which represents 0.93% of the circulating supply. 🤖
#DeFi
$SHIB went from $1.26m in volume to $142.74m in volume in just two weeks. Not to mention it was the exact same time frame.
$FLX is sitting at the same exact volume that $SHIB was at before going vertical. Will $FLX be the $SHIB of the Flare blockchain? Only time will tell.
Just last week,
@SceptreLS
x
@FlareNetworks
partnership introduced Liquid Staking. The cap, initially set to 90M $FLR will now be increased to 500M starting tomorrow (450%). In just over a week’s time, $sFLR has accumulated to $7.11M in TVL. Clearly a sign of strength within the
Announcement 📢
@SceptreLS
will be increasing the Cap to 500M FLR on the 15th of Jun at 0800 UTC! Get your bags of FLR ready for Liquid Staking on the
#Flarenetwork
!
Happy Sunday!
Another eventful week down, and an action-packed week ahead. The Flare ecosystem is never boring. The
#FAsset
launch on
#Songbird
feels very close, and then
#Flare
. We're another week closer to
#connecteverything
.
Enjoying the conversations with some of you. I’m
While reading this my mind was SCREAMING one word and one word only… $FLR but yet was not mentioned once. Instead it mentioned projects such as $FET $OCEAN $AGIX $GRT.
$FLR does not seem to be getting the love that it deserves…
IMO Flare is still by far one of the best
It's important to understand that I invest with a longer time horizon than most. I also do not like to trade. Therefore, my expectations may be slightly dimmed down compared to those hoping for highs that I see further out.
Looking ahead, I see $FLR reaching around $0.40 over
FIP.09 Voting (6/28-7/4) ☀️
Last Day to Vote!
Use your voice to shape the future of the
#Flare
Network 🗣️.
This proposal aims to add liquidity, attract builders, and accelerate growth through increased dapp participation.
The next phase of the ecosystem is in your hands.
Flare is thriving. And it's time to supercharge it ☀️🔋
FIP.09 proposes distributing a small portion of the unused 20B incentive pool (510M FLR = 2.55%) to attract builders, incentivize users, and boost liquidity.
Quick FIP.09 explainer (3 mins read) ⤵️
1️⃣ What it means:
FAssets Open Beta is here ☀️
Phase 1 starts now: technical users get early access and help shape the
#FAssets
system.
Phase 2 launches soon: everyone is invited to mint FTestXRP with the FAssets dashboard.
A retroactive airdrop is planned 📷
Details:
FTSOv2✨
A MASSIVE leap forward.
- Significant conservation of chain resources.
- Inclusion of non-crypto assets.
- Implementation of on-demand rapid updates for specific assets.
- Sustaining a decentralized reward structure.
- Doubling the speed to 90-second epochs from 180
FTSO V2 sets the Foundation for a diverse, efficient and high-integrity, data driven network.
#Flare
is setting the new standard - This is history in the making! 🔥
New
#Songbird
proposal STP.08 is here:
• Define a process for future data feed inclusion (automatic & community requests).
• Adding 19 new feeds (TRX, LINK, ATOM, DOT, TON, ICP, SHIB, DAI, BCH, NEAR, LEO, UNI, ETC, WIF, BONK, JUP, ETHFI, ENA & PYTH).
Total Value Locked (TVL) on
#Flare
will explode over the next 12 months ☀️🚀
In the last week alone,
@Kinetic_Markets
(Lending) TVL is up nearly 300%. The price of $FLR is down roughly 40% over the last 90 days. TVL is now at an ATH even with $FLR down substantially from its
Utility is king. Earn, earn, and earn again. Liquid Staking is almost here with
@SceptreLS
and
@Kinetic_Markets
. Very exciting to watch
#DeFi
continue to expand.
1. For future reference, to get started, you need FLR or wFLR, which you can buy on a CEX or swap on a DEX, and if
Maximize $FLR utility with
@SceptreLS
, the first liquid staking protocol on
@FlareNetworks
.
Use sFLR to earn yield in dapps on
#Flare
while still receiving rewards for staking & delegating to the FTSO, plus your monthly
#FlareDrops
.
Understanding Liquid Staking ☀️
This piece acknowledges the following:
- How to LS
- How does Sceptre LS work
- How to claim $sFLR rewards
- FlareDrops role in LS
- Staking & Delegating (C & P chain)
- Fundamentals of LS
Nice to see additional material being put out to
#FlareNetworks
operates like a well-oiled machine ☀️
In a pioneering space, where innovation is key, a team continuously developing new products and proposing enhancements for the ecosystem deserves our appreciation. It's something we should all be grateful for.
"It's been a
It’s been a busy couple of months. Here’s a recap of recent developments in the Flare ecosystem.
1 Kinetic lending platform from Rome Blockchain Labs
2 Rain Lang. Innovate “intents” like Dex:
3 Launch of first native stablecoin,
I have seen the divide among the
#Flare
community regarding
@Flare_Labs
terminating
#LayerCake
.
While I’m not worried about the future of $FLR, this development was unexpected and does sting. More to come later this week…
#FAssets
enable non-smart contract tokens to be represented on a smart contract chain without using a centralized third party. Roughly 70% of the total value of blockchain assets do not have smart contract functionality.
This allows large ecosystems like $BTC, $DOGE and $XRP to
The
#Flare
"Backers" receive approximately 3.2% of the Genesis $FLR token distribution, significantly lower than the typical VC allocation of around 17.5%. With the recent renegotiation of existing funding,
@FlareNetworks
seizes every opportunity to enhance the network's value.
The power of
#DeFi
is strong. 👏☀️
@SceptreLS
increased their LS cap by 45M $FLR, and the supply is almost fully used up again. The future of staking is here and it's making a big impact. Great to see such high demand for a newly released product.
Added benefits
- FlareDrops
Increasing the Cap to 135M at 1100AM UTC!
Join the 495 stakers that went before you and experience Hands-off Staking!
#Liquidstaking
@SceptreLS
#Flare
$FLR
$FLR is growing rapidly.
Flare was able to increase total addresses on chaining approximately 15% in just 3 months.
Expect this number to accelerate as Flare Labs will open the Coston testnet beta version to the wider Flare community, and the public testing phase is scheduled
You should want to invest more than you spend. You’ll reap the fruits of your labor sooner rather than later.
Get your money working.
#FAssets
are coming.
$FLR
$SGB
$XRP
If you had $100,000 in capital and could only allocate it to 4 projects, what would they be and why?
I'll Start:
$FLR - 40%
$SGB - 20%
$XRP - 30%
$FLX - 10%
Utility
FAssets
Passive Income
Deflationary
I mean. Seriously. How can you not love this team?! Great community interaction and executing extremely well. Excited to hear the news. I’ll be waiting. But like Josh said, it’s probably nothing. ☀️🙌🚀
#Flare
$FLR
@FlareNetworks
Had a great catch-up with our partners and friends over at
@googlecloud
HQ
We’re cooking up something new and cool that our community and connected communities are going to love
#ProbablyNothing
#Flare
#FLR
A revolutionary blockchain network that is not only bridging the gap between traditional finance and the decentralized world but also redefining the future of digital assets...
Welcome to Flare☀️
#Flare
integrates its decentralized oracle system directly into the blockchain
Community Pools☀️
I believe their will be significant incentive to deploy early to the agents' community collateral pools, as early participants are likely to secure the most favorable returns.
Early deployment - Early bird gets the worm!
$SGB $FLR
#Flare
As we get closer to the upgrade of
#Fassets
on
#Flarenetworks
, it's important to remind the community about the huge potential of
#Fassets
by having attractive
#Defi
products to incentivize people with non-smart contract tokens to bridge to
#Fassets
and ean not only $FLR but also
PSA 🚨
I know there's FUD in the air and sentiment is rough at times, but common reminder to never sell your bags for pizza...
#FTSOv2
is progressing.
#FAssets
are on the horizon.
Everything is moving along nicely.
$FLR
#Flare
Why is Flare different from $PYTH and $LINK?
Flare integrates the best of both worlds: scalable, EVM-compatible smart contracts and decentralized oracle services. Its unique consensus algorithm enhances security, while interoperability and low fees provide a strategic market
Flare's Governance Proposals☀️
With the community's approval of FIP.06, in early May, Flare’s FTSO system can now support a drastically scaled number of data feeds thanks to the FTSO Scaling protocol. FIP.08 proposal begins to utilize this expanded capacity.
Review FIP.06: ✨
-
FIP.08 follows hot on the heels of the approval of STP.08 🔥
FIP.08 proposes adding 19 new feeds in the FTSO on
@FlareNetworks
and defines a process for selecting and adding further feeds in the future.
Vote starts Jun 12.
Wrap $FLR by Jun 9 🗓️
A robust ecosystem is being built on $Flare 🌞
In simple terms, capitalism thrives on competition. Increased competition catalyzes innovation and market efficiencies, creating sustainable long-term appreciation and added value, as seen in the
#Flare
ecosystem.
Heightened
FlareDrop.17 Reminder ✨☀️
Commencement of
#FlareDrop
17 holding period (June 16th-July 9th):
✅Hold $WFLR until July 9th to receive the airdrop.
✅ Your average $WFLR holdings and staked $FLR during the time of the 3x snapshots will be your drop reward
✅ On the FlareDrop
Initial
#Songbird
FTSO rewards distribution delivered ☀️
The new distribution schedule increases compounding, with payouts now happening every epoch instead of every four epochs.
Ensure you delegate to multiple DPs that follow the updated timeframes for rewards. $FLR
#Flare
The first batch of the upgraded FTSO rewards has been distributed on
#Songbird
.
To participants who have been delegating to FTSO providers who are supporting the upgraded FTSO during epochs 196 - 199, your rewards are now available to claim via the Flare Portal.
🔖 Learn more
TVL on
#Songbird
&
#Flare
✨
In the Songbird and Flare blockchain ecosystems, Total Value Locked (TVL) is a vital metric showing the total assets staked or locked in their protocols. The increase in TVL demonstrates growing support for
#DeFi
.
High TVL on these platforms signals
Reminder: Delegate to More Than One FTSO Data Provider ☀️
Delegating to multiple data providers is crucial for the continuous success of the FTSO. This practice:
- Incentivizes Quality and Competition: encourages high standards and innovation among providers.
-Reduces
Sceptre, a multi-network Liquid Staking solution, is poised for launch on
@FlareNetworks
and we're just one day away! ✨
In the past week alone,
@SceptreLS
has forged significant partnerships to enhance its reliability, utility, as well as security:
-
@Ledger_Works
(boosting
Only time will tell before $FLR is listed onto
@binance
. As
#Flare
is adopted and transactions increase, we will see an automatic listing. It’s just a matter of time. This will create an even larger market for one of the lowest risk to reward profiles on the market.
☀️🏆
Roughly 10% of an entire monthly $FLR drop is left unclaimed.
Claiming $FLR drops is important. Let me explain why...
Example A.
You own 1,000 $FLR
There's 2,000 $FLR in circulation.
Your share is 50%
Airdrop of 1,000 $FLR
Your reward is 500 $FLR
Total $FLR is 3,000
Claim
There are currently 64,701,635 $FLR yet to be claimed from previous
#FlareDrops
. Claim your tokens now at and maximise your future returns. 🤖
#FLR
#WFLR
#FTSOAU