Looks like FIP 16 will pass. I don't know how Flare presented the info regarding this proposal, but I assume they said it would definitely be amazing for the network.
What the design changes do is effectively consolidate power, money, and centralize the network. I know they've stated they'll burn $FLR, but burning tokens does not solve price because it addresses supply side concerns, without offering demand side solutions.
Im afraid they'll end up subsidizing select builders on the network, removing competition, and I think like all central planning this will cause the network to stagnate while enriching a handful of people on the dime of users.
Im very happy to be proven wrong. I hold enough $FLR that meaningful price appreciation would affect my quality of life significantly. But as someone who thinks in systems, not vibes, not abdicating my thinking to authority, it doesnt seem like a good plan if the honest to goodness goal is price appreciation rather than power consolidation.
When I design things there's no conscious narrative in my mind. Im told people think in words, there's constant chatter, they say "if this, then that, then this, then that" as a chain of events that must be processed. I don't think like that. I feel the shape of the thing, I can feel where an imbalance exists, how to remediate it spatially, and then work backwards to articulate just how to do it. With the FIP 16 proposal, the shape I feel isn't good. It feels strangled, suffocated, heavy and given to extreme inefficiency. Im very curious how this all plays out. Maybe Im missing some information? Maybe Flare has deals pending that require this structure and it will be explosive? I can only evaluate what's presented though.
We've been working on a new NFT marketplace. Hugo said the network can expect 5 billion USD in fXRP soon, so we're getting the Toadz community ready for this explosive network growth!
For every three Stoadz locked away in our vault, you will be airdropped one 3D Flare Toad. Can you try and guess what use case these avatars will have in the future?
You will receive 3 colorful Tadz NFTs airdropped to your wallet per OG NFT locked on Toadz Stake. The OG NFTs include Stoadz, Songbird City, and Luxury Lofts. To take full advantage of your Tadz NFTs and earn passive FLR rewards, you will have to participate in our FLR/POND LP (Liquidity Pool). Every active 10,000 FLR/POND position gives you access to list one Tadz NFT in the marketplace for rent or sale.
ToadzStake is where it’s at!!!! Hasn’t even launched publicly yet and I am SHOCKED with the numbers. Truly amazed with the Build @MrSifu_ has accomplished with DocBob. This is just the beginning. So many things being built in the background @xToadz
Pre-launch and ToadzStake is already outperforming Fassets for some users.
One wallet was doing under 500 FLR/week with ~700K $FLR locked as collateral elsewhere.
Now it’s pulling materially stronger $FLR inflows through compounding, boost mechanics, and active rent demand.
This isn’t public launch.
This is before the real push.
If your $FLR is sitting idle, you’re already behind.
Happy Thanksgiving 🐸
We're bringing Toadz into DeFi.
What's coming:
👉NFT Marketplace (all fees go to stakers)
👉NFT Staking (earn $POND + $SGB daily)
👉LP Pools (boosted rewards by NFT staking)
👉Free launchpad drops
Live testing starts very soon. Official launch right after.
Check it out now:
🔗 ToadzStake.com
🔗 xToadz.club
🔗 Toadz.gg
Thankful for this community. Big things incoming 🚀