Connor Sullivan 🏴‍☠️☀️

I previously worked at Fireblocks and now serve as CSO, and although I’ve been in crypto for about six years, it honestly feels more like thirty in crypto years. Over that time, I’ve seen the industry evolve rapidly, and now I’m focused on building infrastructure that pushes the space forward and delivers real value to users.

@michelle2k26 It’s worth a look, Flare basically brings DeFi to assets like XRP without you giving up custody. You can earn yield, use it in lending/liquidity, and still stay on-chain. It’s one of the few ecosystems actually making XRP productive. If you’re exploring it, start simple happy to guide you 👍

@Brentdaak1776 If it’s already FXRP, yields aren’t shown in the wallet itself. You need to check the dApp/vault dashboard where you deposited rewards accrue there and are usually claimable periodically, not auto-visible in-app.

@cksisiw3 Only if you’re providing liquidity. Impermanent loss applies to AMM pools. If you’re just holding or staking, it doesn’t apply only price movement and rewards matter.

@krippenreiter I get that but how about for fxrp/stXrp? Does the chart above also applies?

[🧵] The more people join this pool (through this campaign), the less APR everyone can earn. 🫣 It started with >4k% and already dropped down to 128% and continues to decline over time as new people join in. You always have to keep in mind why you are entering an AMM position and when it is time to exit again. For this you need to keep track of a few things and check impermanent loss from time to time. 👍 What's the first thing I do when depositing funds into the RLUSD/XRP AMM pool? I write down a few things: 1⃣) How much RLUSD did I deposit in total? 2⃣) How much XRP did I deposit in total? 3⃣) How many dollars' worth of XRP and RLUSD did I invest? 4⃣) What was the initial start price of the pair in the pool when I invested? 5⃣) How much XRP did I hold before selling 50% in preparation for my AMM deposit? Why is this important? As the price of the asset pair changes in the pool, you'll have to bear impermanent loss (opportunity costs) as aslong as you don't withdraw from your position. But how do you calculate impermanent loss? 🤓 There are two ways to assess impermanent loss, as you have to compare your own AMM position against a potential clone of yourself who decided NOT to invest. 1⃣) RLUSD & XRP holdings vs. RLUSD/XRP AMM invest This is how you usually calculate your IL, as you know perfectly well how you started (because you wrote the numbers down in the beginning) and compare them to how many dollars' worth of assets you could get out of the pool right now if you were to withdraw right now. The start resembles your clone who decided not to invest but simply to hold his positions in RLUSD and XRP while you are the one who deposited into the AMM. The difference in dollars (either positive, so profit, or negative, so a loss) at any given time is the calculation that matters to find out if you were able to beat impermanent loss. The start price (that you also wrote down in the beginning, remember? 😀) in this case is the moment where you are guaranteed to have 0 impermanent loss, excluding protocol fees, assuming this price will ever be reached again. (usually unlikely) 2⃣) XRP holdings vs. RLUSD/XRP AMM invest This way of looking at impermanent loss assumes that you're generally bearish. Why? 🧐 Because before you even start your deposit into the AMM pool, you've already decided to sell 50% of your XRP worth in dollars to RLUSD in order to later deposit into the AMM pool. So in this scenario your "clone" doesn't hold XRP AND RLUSD but simply XRP and this is the comparison you have to make if you want to assess your impermanent loss situation as a hedging strategy. So ask yourself, how much XRP did I hold and how much dollars worth of XRP did I hold in the beginning (before selling 50%)? 🤔 Now again, the moment you "simulate" a withdraw from the AMM pool, you'll realize that you're either entitled to more or less XRP than what you were holding before jumping into the pool. You will be entitled to MORE XRP if the price of XRP fell in the meantime and will be entitled to LESS XRP if the price of XRP grew over time in contrast to your starting point. So what's the goal? 🤨 It really depends on your situation if you use the AMM as a hedging mechanism for uncertainties to stack more XRP. Or if your only reason to join a pool is to increase your dollar's worth of assets. Orrrr.... if you just want to farm the incentivization campaign. (I won't judge 😉) Obviously you can also just do nothing, which is perfectly valid. AMMs are complicated and very risky. Here is a nice chart that visualizes just how heavy impermanent loss can be in a bullrun or crash scenario while you're invested. 👇😅

@Hutnick_Core4 Yes 👍

@FlareNetworks @Firelightfi Can we do this in the USA??

50M XRP are now $stXRP with @firelightfi. Here's how people have been earning with it across XRPFi on Flare.

@anthonyzNFT Good approach. Start simple delegate for steady yield, then layer in liquidity or collateral strategies once you’re comfortable. The key is stacking utility, not over-leveraging early.

@FlareNetworks @Firelightfi i keep building my position in $FLR, but need to learn how to leverage it properly

FIP rollout is progressing, but utility isn’t limited to staking. FLR underpins data provisioning (FTSO), collateralization flows, and liquidity across the ecosystem. Also, stablecoin collateral for FXRP isn’t a replacement, it complements the system by improving capital efficiency and scalability.

@HugoPhilion Better get that FIP up and running. The central problem is that apart from staking and validator rewards there isn't much use for FLR. FXRP can be generated with a stable coin as collateral. Don't get me wrong the basic FLR concept is great

I do love watching Flare FUD reach fever pitch over geopolitical instability. Others, bigger (cough cough Coinbase), have tried but Flare is the only project that has successfully turned XRP into collateral at meaningful scale. Flare is going to repeat that with BTC and then other coins whilst at the same time building private compute for RWAs and AI. And you doubt the future Anon?

@Qoomsie09 Rewards don’t show inside the wallet itself, it’s just an interface. Any earnings or points come from the dApp you’re connected to (like the staking/vault app), not the wallet. Are you connected to the app or just holding the asset in your wallet?

@sleightofcables If you’re in the Steer pool, that’s different, points may not show there. For direct points tracking, use the main pool tab, not Steer. If it’s still not showing, what pair are you in? I’ll check it with you.

@quinnjohnson23 Can you follow back so we can take a closer look in DM and check your vault activity?

@quinnjohnson23 Got it, upshift vault balances shouldn’t be decreasing like that. Have you noticed any redemptions or is it just the balance dropping on its own?

@ConnorXslivan It's in the upshift vault

XRPL: where XRP and RWAs are tokenized. Flare: where they get used—with verification, cross-chain execution, and soon privacy.

@JedCarp Nice 👍 are you earning through a specific vault or just holding and delegating?

Have become a big fane of @FlareNetworks on @XamanWallet earning more $XRP with my XRP

@quinnjohnson23 That shouldn’t be happening are you seeing the balance drop in the vault itself, or just the displayed value changing?

@Wjdghrud1 @FlareNetworks At least you're getting some yields. My Staked FXRP balance is decreasing almost everyday!!

@Wjdghrud1 When you say self wallet, did you actually deposit the XRP into a vault or earning product, or is it just sitting in the wallet?

@RockyTheBatman EU users can still participate, you’ll just need to access it via the web extension due to regional restrictions on some interfaces. Make sure your F/XRP and a small amount of FLR for gas are ready ahead of time so you can get in early once the cap opens. If you need help setting it up, follow back and DM.

@MHajs777 By staking F/XRP you receive st-XRP, earn Points, and can generate yield across the ecosystem. Are you looking for points, yield, or both?

@FranklinSa19213 The points are incentive rewards for participating in the ecosystem mainly for depositing, staking, and staying active in the vaults. They don’t have a direct value yet, but they’re expected to be used for future rewards, allocations, or potential airdrops as the platform evolves. Think of them as tracking your early participation and positioning you for future benefits.

@Rango0507 Looks like everything on your end is set correctly, this is likely congestion from high demand. Transactions can take a few attempts to go through during peak times. Make sure you approve once and wait for it to fully confirm before retrying. Are you getting any specific error message or is it just not completing?

@UniversalMoose Nice 🔥 you got in early. With demand ramping, positioning now puts you ahead as more liquidity flows in, keep an eye on your vault share as rewards start building.

@oliver_klosoph Might just be a bit of network congestion. Try a quick refresh. If it keeps happening, give it a moment and retry again.