
Striker Patterson🪝☀️{×}
3.5K posts

Striker Patterson🪝☀️{×}
@Primo4585
Lover of everything XRPL and Flare Networks. Tech for the world
参加日 Ağustos 2015
728 フォロー中402 フォロワー

@RemiDAoust Great article🙏 Really summarizes all the important aspects of the Flare Network.
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@s_alderoty Find out who's funding it or behind it and bring attention to this shameful actor
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There’s a new documentary claiming crypto is all hype and harm. That tired narrative has been told again and again. But it’s never been accurate.
Tens of millions of everyday Americans are already using this tool in practical ways, to diversify their income, run their businesses, and access new financial opportunities.
Follow @NatCryptoAssoc for the real story.
National Cryptocurrency Association@NatCryptoAssoc
Bad actors will always find tools to exploit. But unlike cash, every blockchain transaction leaves a permanent, traceable record. That's not a vulnerability. That's accountability. Get the full story at nca.org.
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@xrpen15 Keep doing you. Bringing awareness has helped me curb my attention towards safer investments 🙏 some people may not appreciate it in the moment but I think at one point or another everyone has done it. Maybe it's not always done perfectly but that's okay 🤷🏽♂️
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Something some people don't seem to understand is that I'm just a regular guy that has zero issues expressing thought processes and values actually following a playbook.
If you try to play baseball with a corked bat you get thrown out of the game.
Pretty straightforward.
There has always been people that don't appreciate that. IRL I actually run quality control and inspections for multi million dollar construction projects.
Which I kind of just fell in to because I've always played that role in everything.
"But everybody cheats at monopoly" only gets so far.
I will admit it gets pretty entertaining watching people run around with screenshots of me saying stuff publicly as if it's supposed to be some huge scandal.
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@ksw54548 @SceptreLS At a .5% instant unstake is quite a bit. I think I'll just vote with my remaining Wflr and leave it in septres hands and hope they vote a yes.
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🚨Fam reminder, if your thinking to unstake from @SceptreLS in order to vote on FIP16 DO NOT use the "UNSTAKE" option.
Use "INSTANT UNSTAKE".
Unstake comes with a 14.5 cooldown period. Instant does not.
The cooldown period still acquires the rewards.
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@ksw54548 @SceptreLS Isn't sceptre gonna vote yes on the sflr holders behalf? Even if the answer is no, I'm assuming FIP16 will go through either way
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@Vet_X0 @TonyVaI76476318 Hated because Slow painful upward movement , or it will be mostly utility tokens, or because all the people sitting on the sidelines will regret??
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$18M of FXRP locked in @enosys_global DeFi protocols, generating yield that feeds into the APY Cloud.
Love to see it

X Finance Bull@Xfinancebull
🚨 FXRP DeFi is exploding 👇 155M Minted. 86% in DeFi. $183M deployed. 16K users. $XRP holders are putting tokens to work on Flare. The new $FLR proposal ties this to supply reduction via FIRE. Seven months of growth through a brutal market. Imagine the coming months. HUGE!
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@ksw54548 Unfortunately I needed to consolidate and traded in my SGB but I still have a lot of NFTs with SGB/Sfin pool positions once Enosys completes Ermis protocol. Looking forward to seeing this when it happens.
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These are also the $SFIN deciples. They understand "IF" $FLR is successful (and will) SOV will be a important diverse choice.
$FLR 2.0 TEE/FCC/PMW will create direct access.
💱CAT_A*na*LYST☀️g🕊🐯@ksw54548
@whale589 The true OG's were day one SONGBIRD. Pre-Flare👑
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@RNDSF62 @0xQuantic Add Flare portal to your bookmarks in bifrost. Inside the flare portal is everything you need including voting on upcoming proposals and history of previous ones.
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Ok great thanks! . When I asked AI it said sflr, stflr wouldn’t be eligible Also if you can use all of these to be able to vote a quick tutorial would be great. I think a lot of people would like to participate in the vote but it doesn’t seem so easy to especially if you’re using Bifrost, Luminite, etc.
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@_WaterAmi @FlareNetworks Flare team has really thought everything through for the best outcome possible for this amazing network. Excellent breakdown 👏🙏
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12-page proposal. 4,000 X posts overnight. 1,100 people tuned in live.
That should tell you something. The easy takeaway is that people care about @FlareNetworks' tokenomics.
Here are the top 15 questions and answers from the space, while we work on reviving the recording with @X:
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@Primo4585 @0xQuantic This is an announcement of proposal phase . Check out flare.network or official X profile
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@FlareNetworks is performing a mid-air engine swap.
FIP.16 isn’t just some UI polish or a "nothing-burger" partnership.
It’s a total economic overhaul.
We’re moving from a smoke-spewing inflation diesel to a high-performance machine that earns its own fuel. 🧬🔥

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@Anubis_Crypto_ @0xQuantic I don't see the proposal on flare portal. Been looking everyday. I will vote yes when I see it
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I’ve torn FIP.16 apart in my latest deep dive.
Precise gas math, MEV rollout phases, and a risk analysis you won’t find in the official infographics. Read the full technical breakdown here:
x.com/compose/articl…
Have you decided your vote yet, or are you waiting for next week's Space hosted by @0xQuantic to clear the air? 🧬🤝
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The dream of living a luxurious lifestyle isn't your dream.
It's fabricated in society to enslave you to pay off a lifestyle you can't afford.
After 30 years of working, only recently have I learnt that freedom and health are the only two things worth working for.
A huge house, fancy car, holidays, $50k watches, luxury handbags, clothes, these are all mechanisms to enslave you in work.
If you had a job that made you happy, and your health, THAT IS A LUXURY LIFE.
Now if you hold a few thousand XRP and one day it 100x, that money buys you FREEDOM and health, not Louis Vuitton.
Don't dream of a lifestyle that is not YOU, you are authentic, unpretentious and down to earth, and this makes you 100x better than the try-hard rich walking around with bling, lambos and plastic looking eye candy.
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@Thana_Enosys Is the FIP.16 up for vote yet? I've been checking Token management (flare portal) daily and I don't see it.
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Recent discussions by some providers on Flare about how the FIP.16 changes would destroy FTO accuracy are absurd, overwrought, and reek of narcissistic arrogance.
The current primary price band is absurdly tight, and even the secondary bands are incredibly tight when talking about consensus pricing for assets that trade on hundreds of exchanges across all time-zones, with incredible variance in volumes (especially when considering true volume vs wash trade volume).
Let's take the XRP price feed on a random round - Round 1306230.
The Finalized price for that round was $1.33355
In order to be in the primary band, a DP had to supply a price of $1.33354-$1.33359. Now also, remember that border prices receive only 50% primary credit, so in reality to be considered a 100% primary band winner for that round, you would have to have supplied a price of $1.33355-$1.33358.
That is a $0.00003 band width.
Now, compare that to the TRUE price of XRP at that time...Oh wait, there is no true price of XRP at that time. Because every single price you see for an asset anywhere is based on either last trade, or an aggregation.
So how important is it that a provider supply a price within that $0.00003 price range?
0% important.
That exact finalized price could have been derived from any spread of provided prices, although the wider the actual submission spread, the more chance of "true" price drift.
However the difference between $1.33354 and $1.33355 when it comes to actual applications of these price feeds is nonexistent.
Yet, some incredibly arrogant providers would have you believe that anyone not providing a finalized price within that band is poisoning the oracle.
This is ridiculously stupid. This also ignores the fact that if everyone provided exactly the same price, then every provider would only have 50% primary band accuracy because then every provider would be on the edge, just like happens often on the stablecoin feeds..
You see, believing that being in the primary band makes you superior is a fundamental misunderstanding of what makes a good oracle system.
Chasing the perfect consensus price is actually worse for stability and reliability. A good oracle system needs a little diversity in methodology.
Demanding that every single provider continue to progressively iterate and expand while incurring greater and greater costs is absurd.
The secondary band for that Round on XRP was $1.33235-$1.33475 which is a spread of $0.0024 meaning that providers had to supply a price within $0.0012 of the consensus price to receive any rewards.
That is HIGHLY accurate.
As someone who runs products that actually use these price feeds, an "accuracy" within 0.09% of the consensus price is far far beyond the necessary accuracy for price feeds.
Almost every single provider is hitting that secondary band over 90% of the time across all feeds.
Not every provider needs to be a no-life enthusiast.
Good enough is, in fact, good enough, and stability counts for far more than "accuracy."
The FTSO system created by @FlareNetworks and @HugoPhilion is working incredibly well, with a proven track record of accuracy and stability.
Don't listen to the alarmists.
FIP.16 will in no way damage the FTSO.
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@BrukerikkenavnJ Always coming up with creative ways to highlight how massive flare is🤩
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@Brett_FLR I'd rather see more value appreciation than more yield. I'd take both tho😅
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@CoinDesk @FlareNetworks How does this add any value to the network? The MEV revenue is taken form someone and burning it while inflation still creates more token is exactly the same as redistributing the MEV revenue and create less new token.
Stop doing these silly math gymnastics pls.
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JUST IN: @FlareNetworks proposes capturing MEV revenue at the protocol level to fund $FLR buybacks and burns, while cutting annual token inflation from 5% to 3%.

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