

Connecteverything ☀️
3.3K posts

@connectomnia
This account is dedicated the #flarecommunity #Flare $flr and the ecosystem. Education, News, debates etc. #connecteverything



Over $1B vanished from DeFi protocols last year. This isn't the 'cost of business', it's the #1 barrier keeping institutional capital on the sidelines. Serious funds need guarantees. We're providing the institutional-grade layer, turning DeFi into an insurable asset class.

Here’s a glimpse at our internal FXRP DeFi @Dune dashboard. Would the community be interested in this?👀☀️



I don't think it's been adopted anywhere near the scale that it's being promoted (as evidenced by on chain volumes and data ), but more importantly, what it's capable of. I think this is the crux of most investors in XRP, they understand its true potential and assess that its price doesn't match its value. This is my position. There is a deeper truth here to all of crypto, this is proto money. A small story becoming a big one. The vast majority of price appreciation is driven by narrative, and the social consensus behind it. Not the tech, not the partnerships, but the promises of what could be. We are watching the Internet of Value being born in real-time and we are all hoping that our piece of it graduates to its full vision. I personally picked XRP because of this reason with the understanding that it has the strongest community in crypto. Some of us are actively building the Internet of Value instead of relying on others to do so. With regards to stable coins and their growth I personally believe there is incredible volatility and suffering that is being built. They hide severe hidden risks that people don't appreciate, without any of the assurances of traditional bank deposits (like FDIC). People don't understand how they can depeg (see Luna or even Circle during the Silicon Valley bank fiasco). People don't understand the duration risk of the underlying assets that back stable coins (it's not $1 = 1 SC). They are backed by promises from an insurer, whose value carries hidden market and volatility risks. Finally, and most importantly, stable coins represent the final death gasp of a dying global hegemony. We are in the late stages of empire cycle that traditionally has meant severe and abrupt currency debasement. The volatility of the purchasing power that comes with this can be both abrupt and shocking. Anyone touting the benefits of stable coins as being "stable" doesn't appreciate the seriousness of the situation and is selling something. We are all here in crypto for purchasing power, not stability. Increased use of stable coins is a good thing for the tech stack but does little to address our desire for investment, and even less to solve the eventual problem of a world that doesn't suffer from Triffin's dilemma.



Almost all future usecases of the blockchain (AI, Gaming, Identity, Real World Assets etc) will require some amount of external data attested onto chain. Decentralisation (without it there is no safety), scalability and low latency are key. Flare is the blockchain for data. #connecteverything













Time's running out! You have just 3 days to jump in, compete for the top spot, rack up points, and unlock exclusive rewards. 🔥 Need a refresher on how it works? Get all the details here: @Firelight/we-didnt-start-the-fire-095f76a05574" target="_blank" rel="nofollow noopener">medium.com/@Firelight/we-…

The journey for FXRP is just beginning. ☀️ Right now you can: supply, LP, perp. Next: CDPs, stXRP, & curated vaults. Which dApp are you most excited to try with FXRP?

How fast is #XRP?



For over a decade, XRP has powered fast and efficient settlement at scale. FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi. Mint today: fassets.au.cc/mint fasset.oracle-daemon.com/flare

Our #DBW Token is still in presale. Four pools have been created so far, and we are about to inject more liquidity into them. These are the pairs $DBW - $FLR, $DBW - $USDCe, $DBW - $USDT, and $DBW - $DRKET. @FlareNetworks @DefiBullWorld @DRKET_COIN defibullworld.com/presale