Klemen Ferjančič ☀️

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Klemen Ferjančič ☀️

Klemen Ferjančič ☀️

@KlemenFDevs

Head of Infra @FlareNetworks 🌐🛠️

Blockchain انضم Temmuz 2009
456 يتبع7.5K المتابعون
Klemen Ferjančič ☀️
Klemen Ferjančič ☀️@KlemenFDevs·
@LordFarquad9323 Hey, To earn rFLR through eligible DeFi, wrap FLR into WFLR or mint fXRP via the Portal, then supply it to lending pools on Kinetic Markets or Mystic Finance. Rewards accrue monthly — you can track and claim them under the Emissions tab on the portal!
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gg
gg@LordFarquad9323·
@FlareNetworks how do i participate in eligible DeFi activity?
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Klemen Ferjančič ☀️ أُعيد تغريده
Flare ☀️
Flare ☀️@FlareNetworks·
The latest rFLR distribution is out☀️ If you’ve been partaking in eligible DeFi activity on Flare, check what you’ve accrued. Claim in the Flare Portal (Emissions) → portal.flare.network
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Klemen Ferjančič ☀️
Klemen Ferjančič ☀️@KlemenFDevs·
@LordFarquad9323 Earning rFLR on Kinetic Markets is straightforward—all you need to do is just supply eligible assets like FXRP or USDT0 to the lending pools, and you’ll accrue rFLR rewards monthly. Then head to the Emissions tab on the portal to claim.
gg@LordFarquad9323

@defidaddy23 how do we participate

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Klemen Ferjančič ☀️
Klemen Ferjančič ☀️@KlemenFDevs·
@Pollux2789 Hey, thanks for flagging this and sharing the screenshot—if governance fee voting on xMagnetic shows “Transaction declined,” it’s likely a Bifrost signing issue. Try Xaman or another XRPL wallet as a workaround, and also clear cache, refresh, switch RPC, and ensure you have enough gas.
Pollux {x} 🐻🪝☀️🇺🇸@Pollux2789

@BifrostWallet Letting yall know that when we try to vote in governance voting for fees, it will not work. Please fix this as this part is extremely important for XRPL trading fees. Thank you #LP

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Klemen Ferjančič ☀️
@Xrpboy7 How long have you had your wFLR deposited in the pool — and are you claiming through the Bifrost wallet?
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Klemen Ferjančič ☀️
@Xrpboy7 Hey, wFLR in the Enosys Stability Pool still earns delegation rewards. They just aren’t auto-claimed there, so it shows zero until you claim them manually — the rewards are claimable under the “Emissions Tab” on the portal.
cryptodude@Xrpboy7

@enosys_global Do we get delegation rewards for having wflr in the stability pool? It always shows zero.

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Klemen Ferjančič ☀️
@keaton_cut37221 Hey, To lend against FXRP on Mystic Finance: first wrap your XRP into fXRP via the Flare Portal. Then connect your wallet to Mystic, deposit the fXRP as collateral, and take out a loan. Keep a close eye on your LTV/health factor to reduce liquidation risk.
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Klemen Ferjančič ☀️
@MI_Tokenizers You’re right on the Jump Rate docs. When the Pause Guardian is triggered, it freezes the curve—rates stay flat even above 100% utilization until unpaused. That lines up with what you’re seeing. Also no public update from Kinetic on this pool— which market is it (FXRP-USDT0 ISO?)?
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Dan LaDuke
Dan LaDuke@MI_Tokenizers·
Here's the interest rate model from @Kinetic_Markets docs at docs.kinetic.market/liquidity-mark…: "Interest Rate Model: Kinetic employs the Jump Rate Interest Model, a dynamic mechanism that adjusts interest rates based on asset utilization within the protocol. As asset utilization increases, signaling higher demand, interest rates experience significant jumps to incentivize asset deposits and loan repayments. For instance, when asset utilization reaches 80%, a substantial increase in interest rates occurs, stimulating user participation and maintaining liquidity within the lending ecosystem." I'm wondering why interest rates have not seen a "substantial increase" since the pool has surpassed 100% utilization. Has there been an announcement from @Kinetic_Markets regarding a pause via a guardian function?
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Klemen Ferjančič ☀️
@MI_Tokenizers Hey, In the ISO FXRP–USDT0 pool on Kinetic, USDT0 borrowing costs are governed by a dynamic interest rate curve. As utilization rises—especially when the pool is heavily drawn down—the rate increases, but in a smooth, gradual way rather than spiking abruptly. This design helps maintain stability while still adjusting to supply and demand.
Dan LaDuke@MI_Tokenizers

Good morning @Kinetic_Markets and fellow Flare defi enthusiasts! Question: For the ISO FXRP-USDT0 lending pool; when the pool is overdrawn (more borrows than supply, see USDT0) as it is now, why is the USDT0 borrow interest rate not shooting up?

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Klemen Ferjančič ☀️
@ChrisJ55778068 Hey! Your tokens weren’t stolen—converting XRP to fXRP and then stXRP keeps them fully on-chain in your wallet, always redeemable 1:1 back to XRP at any time. They don’t earn passively by default; you’ll need to deploy them in lending markets or liquidity pools. Did you stake them through Firelight?
Chris J@ChrisJ55778068

@bgarlinghouse @FrancisSuarez Fearful of not just HODL'n my XRP, like banks, till regulatory clarity, but charmed by all the passive income speak. I traded XRP for FXRP onto stXRP. Sure seems like robbed tokens should be recoverable given the record systems. Arrests?

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Klemen Ferjančič ☀️
@MI_Tokenizers If liquidity has been frozen for three days and borrow rates are holding steady at 15%, it likely means the market has been paused via a guardian function. That pause locks utilization, which is why the rate isn’t moving. Kinetic uses a dynamic Jump Rate model that shifts based on the supply-to-borrow ratio, with a defined kink point—more details are in their protocol docs under the interest rate curve section. Which pool are you referring to?
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Dan LaDuke
Dan LaDuke@MI_Tokenizers·
@KlemenFDevs Liquidity has been froze for 3 days and the borrow rates haven't moved off 15%. Can you point me to the documentation for the dynamic interest rate curve?
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Klemen Ferjančič ☀️
@Jon_1776 Hey! If you’re referring to the Flare airdrop for XRP holders from the December 2020 snapshot — exchanges received their allocations and were responsible for distributing the tokens to their users. If you held XRP in a personal wallet at the time, any unclaimed tokens can still be claimed through the Flare portal, but you’ll need a compatible wallet to be able to do that.
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Klemen Ferjančič ☀️ أُعيد تغريده
Flare Devs
Flare Devs@FlareDevHub·
You can build unique things on Flare. Don’t think so? Take a look at SOMA and proof-of-heartbeats. 👇
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Klemen Ferjančič ☀️ أُعيد تغريده
Flare ☀️
Flare ☀️@FlareNetworks·
Heading to XRP Las Vegas? So is Flare. If you’re in town, come say hi, we’d love to see you.
GIF
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Klemen Ferjančič ☀️ أُعيد تغريده
Luminite
Luminite@luminite_wallet·
FIP.16 has passed. A major step for Flare - shifting toward sustainable value⚡ Now we watch how it plays out across the ecosystem: • Lower inflation • Stronger fee burn • Revenue from real usage • MEV capture begins
Flare ☀️@FlareNetworks

FIP.16 has passed with 98.06% in favor. A major milestone for $FLR. This goes beyond growth at @FlareNetworks. It is about making value accrual more visible, measurable, and durable. The mechanism is set. Visible growth comes next.

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Klemen Ferjančič ☀️ أُعيد تغريده
Uphold
Uphold@UpholdInc·
Live from XRP Las Vegas 🎲 Catch the Uphold team with special guest @HugoPhilion to recap our Day 1 talks fresh off the stage. Get the latest on upcoming plans with @FlareNetworks, the XRP Debit Card, and the insider highlights from the floor. Set a reminder: x.com/i/spaces/1Oxwb…
Uphold tweet media
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