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Bifrost Wallet
1.6K posts
Bifrost Wallet
@BifrostWallet
Secure, self-custodial Flare & XRPL wallet with multi-chain support. → https://t.co/BLsPGgLjsv
Katılım Şubat 2021
31 Takip Edilen44.4K Takipçiler
I understand the pessimism of people that are not at the coal face everyday. A few things:
1) We are in a bear market for BTC and a deep bear market for alts. Flare has been inline with this - evidenced through consistency in CMC rankings the entire time.
2) I made some projections for FXRP size last year that were based on Firelight fully launching early this year, together with institutional participation. Bullish markets are like oxygen in this industry - when markets are buoyant everyone moves quickly and deals get done fast but when markets are weak no one wants to spend money and making deals happen is like wading through tar. Both things will happen but the bear market together with a host of other things have made players in the industry move more slowly.
3) There is more going on with Flare than at any point in the past. There are more users and thanks to FSA far greater distribution. FXRP remains the standard by which to deploy XRP and earn on it. We hope to replicate the same with FBTC. Growth has been slower than desired but everything is in place for when the broader market turns around.
4) Internally we are getting far higher inbounds both for immediate FXRP usecases, enquiries around utilising FBTC and perhaps most interestingly - other uses that Flare can offer. People want to use Flare not just for FXRP & FBTC - there is real demand for its data and privacy capabilities. We are building things in response to demand in areas that we had previously dismissed as far too hard to compete in - directly led by demand. These things will consolidate Flare’s position as a superior data network and that of FXRP as the preeminent version of XRP across chains. Potentially this will also apply to FBTC.
5) From DeFi for non smart contract tokens, to data, to compute and privacy Flare offers one of the best platforms out there for building great things. We build for the future of finance and AI that is coming.
When the broader market turns around Flare will be very well placed to capitalise on it.
With FIP16 in place the benefits to the community of that turn around will compound far more.
x.com/hugophilion/st…
Hugo Philion@HugoPhilion
Cycles are interesting in that they have zero regard for reality. Vs even 1 year ago Flare is in an inconceivably better utility position. More is coming with Flare 2.0, further expansion of XRPFi, the coming onboarding of meaningful institutional partners (finally), FSA is working to abstract away complexity, FIRE and FIP16 change the token economics for the (vastly) better. And those are just the things that we can discuss publicly. Almost everything we have set out to do is being done (barring adding more FAssets - in the works) and by and large it’s working. But if you look at the whole crypto market you would think the whole industry is finished - despite more institutional interest and greater clarity than ever before. Unfortunately cycles are a fact of life, even Amazon had a 94% peak to trough drawdown when the .com cycle burst - but the internet didn’t go away nor did Amazon and neither will crypto and certainly not Flare - which presents more utility than almost anything else in the market. Every cycle teaches the same lesson, and every time we forget it: near the bottom it always feels like the end, but it never is. I believe that we're closer to the turn than the mood would have you believe. The roadmap ahead is the thing we're here for. At Flare we trust in the process to ship great product - knowing that is the only true path to winning. Flare will emerge from this brutal winter fighting fit and offering more than ever for the next cycle.
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Is Flare Dead?
Reddit poster concerned.
What say you?
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This is the last tweet of the thread.
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RippleX@RippleXDev
Traditional finance is not being replaced. It is being re-architected on blockchain rails. Watch the full episode: youtube.com/watch?v=kO1Dh5… In the latest episode of The Onchain Economy, RippleX Head of Engineering @ja_akinyele explains how the XRP Ledger is evolving for institutional use cases across tokenization, stablecoin payments, regulated trading, collateral, credit, and yield. Together, XRP’s liquidity and utility, regulated assets like $RLUSD, and XRPL’s purpose-built features can support financial markets safely moving onchain.
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Ripple@Ripple
Proud to announce 25 recipients of the Ripple Effect: Certified Veteran Employer Grants — $250K invested in veteran- and military spouse-owned businesses through our partnership with @HireHeroesUSA. Each recipient receives $10K + employer training + access to 20,000+ military-connected job seekers. Meet the awardees: hireheroesusa.org/ripple-grant-a…
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Ripple@Ripple
Ripple is proud to join the x402 Foundation as a Premier Member. As AI agents begin to take on more of the transaction lifecycle, they'll need a way to pay that's as fast and reliable as the way they already exchange data. We've been helping build that future on the XRP Ledger with the tools and infrastructure developers need to enable agentic payments, including support for x402 that enables agents to transact using $XRP and $RLUSD today. We're looking forward to contributing to the Foundation's technical and governance work as we help advance open standards for the next generation of internet-native payments: linuxfoundation.org/press/linux-fo…
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This week on Bifrost/brief 👇
○ Celebrating 4 years of Flare Mainnet 🎉
○ Flare raised base gas fee to 500 gwei from 25 gwei
○ Flare now live on PortalsFi DeFi Explorer
○ Real-time Flare onchain metrics visualized by community member
○ Ripple became premier member of x402 Foundation
○ XRPL surpasses 1,000,000 agentic payments via x402
○ 25 recipients of $250K total grants ($10K each) via Ripple Effect
○ Ripple became first crypto sponsor of Kansas Jayhawks
○ New episode on XRPL re-architecting traditional finance
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164 of you have staked since this post.
Slots are limited ⏳
FLR → Stake → Start earning now.
Bifrost Wallet@BifrostWallet
We now run 4 self-bonded validators on @FlareNetworks ✨ Our own FLR is staked on each of them. Yours can be too, directly in the app: FLR → Stake Bifrost Wallet is not only your entry to Flare; it is your home where you earn. One wallet → Four validators → Stake & Earn
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Follow @BifrostWallet and subscribe to our Youtube channel below ↓
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This week on Bifrost/brief 👇
○ Exciting updates coming from Bifrost Wallet 👀
○ Bifrost Wallet has 4 validators now — stake & earn 💸
○ STP-13 proposal is ready for voting on Songbird
○ FIRE money printer go brrr, and now has a dashboard
○ Flare Summer Signal hackathon is live
○ Ripple is now fully MiCA-compliant in EU
○ 26K+ new XRP wallets this week, highest since March
○ New XRPL lending infra by XRPL Foundation + VS1
○ $4B in tokenized RWAs now live on XRPL
○ XDC Network now holds $1.1B in tokenized value
○ XDC Network X Uphold in a joint Spaces tomorrow
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