Hugo Philion

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Hugo Philion

Hugo Philion

@HugoPhilion

Cofounder of @flarenetworks.

Dubai, United Arab Emirates Katılım Mart 2019
694 Takip Edilen123.2K Takipçiler
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Hugo Philion
Hugo Philion@HugoPhilion·
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
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Hugo Philion
Hugo Philion@HugoPhilion·
FIRE as defined by FIP16 has several mandates - one of which is to provide yield, captured from MEV and fees, to asset issuers and daps. This would make Flare one of the few places where you can earn yield on XRP, stables, BTC, RWAs etc based on how useful the asset you hold is to the Flare ecosystem.
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LJ
LJ@luke_judges·
XRP support on or in every… Blockchain Exchange Custodian Wallet Bank Payment Processor Card Network Remittance Corridor OTC Desk Prime Broker Neobank Treasury Platform PoS Terminal ATM Tax Software Accounting Platform Sovereign Reserve Should be the aim.
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Hugo Philion
Hugo Philion@HugoPhilion·
In FXRP v1.2 the agents act as a limiting factor for how much can cross the bridge in any one time period. In FXRP v1.3 agents are still a limiting factor on redemptions and the core vault has a limit on how much can be minted in any one time period. Whilst contra to how the rest of DeFi operates we have designed the system with these speed bumps as a sanity check to reduce risk.
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Flare ☀️
Flare ☀️@FlareNetworks·
As a precautionary measure, we are temporarily pausing FXRP cross-networking via OFTs between Flare, Ethereum, Base, and other supported networks while the rsETH incident is being investigated. Users holding FXRP on non-Flare networks cannot currently redeem, as redemption requires assets to first be bridged back to Flare. FXRP on Flare continues to function normally apart from OFT-based cross-networking. Minting, redemption, liquidation, and all other in-network functions on Flare remain operational. There is currently no indication of an issue affecting Flare or FAssets. We will share further updates as the situation develops.
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Hugo Philion
Hugo Philion@HugoPhilion·
Bigger than the entire liquidity of XRP on any other chain in one mint.
The Grungie & Metal Head NFT Community ☀️@TheGrungieNFTs

🐋 MINT Alert 418,000 FXRP minted ($615,162.66) This isn’t just a transaction, it’s a signal. New $FXRP supply entering circulation suggests underlying $XRP is being mobilized, not left idle. This is proof value is getting transferred to Flare Networks to be put to work enabling participation in DeFi, liquidity provisioning, and yield-generating activity. Watch these flows closely. They often precede shifts in network usage and capital efficiency. $FLR ☀️🕶️

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The Grungie & Metal Head NFT Community ☀️
The Grungie & Metal Head NFT Community ☀️@TheGrungieNFTs·
🐋 MINT Alert 418,000 FXRP minted ($615,162.66) This isn’t just a transaction, it’s a signal. New $FXRP supply entering circulation suggests underlying $XRP is being mobilized, not left idle. This is proof value is getting transferred to Flare Networks to be put to work enabling participation in DeFi, liquidity provisioning, and yield-generating activity. Watch these flows closely. They often precede shifts in network usage and capital efficiency. $FLR ☀️🕶️
Fassets Whale Alert@FassetsAlert

🐋 MINT Alert Amount: 418,000 FXRP ($615,162.66) Wallet: 0x84bB...4a48 Time: 2026-04-18 03:47:43 UTC TX: flarescan.com/tx/0x787b87a6c…

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Quantic
Quantic@0xQuantic·
Creating a wrapped asset is not that hard. Creating an ecosystem around it is. We’ve seen this before. Infrastructure alone is not enough. Without liquidity and real utility, most wrapped assets end up going nowhere. Take FXRP for example. What matters is not only the infrastructure that lets users retain custody, but the ecosystem around it: liquidity and multiple DeFi use cases such as LPing, CDPs, borrowing and lending, vaults, liquid staking, and more. And that’s still not the full picture. With Flare Smart Accounts, access to that infrastructure is abstracted to the point where users do not even have to leave the XRPL. They can access yield with a single click, without manually bridging. Next comes confidential compute, which opens the door to privacy and new types of applications that are not available in the same way elsewhere.
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Hugo Philion
Hugo Philion@HugoPhilion·
@x589x FXRP will stand because it is non custodial, easy to use and getting easier. Anything else will fail as we have seen.
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Hugo Philion
Hugo Philion@HugoPhilion·
@Florian_VRI Yes I’m sure that’s the reason they have reached 180BN of issued USDT. /s
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Florian
Florian@Florian_VRI·
@HugoPhilion And they all say the same thing: the reason is that it's not audited or 100% backed up.
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Florian@Florian_VRI·
@HugoPhilion And 80% of XRP content creators say USDT is going to 0
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Hugo Philion
Hugo Philion@HugoPhilion·
I believe that something done properly is ultimately more valuable than the rest.
FLOTH ☀️@FlothOnFlare

@HugoPhilion, you must have the patience of a saint watching wave after wave of half-assed products launch with completely unnecessary counterparty risk. Thank you for taking the hard route. To be truly decentralized you need non-custodial. To be non-custodial you need zero trusted intermediaries. To have zero trusted intermediaries you need every single verification, every single state transition, and every single asset movement proven on-chain with cryptographic finality. To make that actually usable you need Smart Accounts that abstract away the complexity without ever handing custody to anyone. To make Smart Accounts work seamlessly across chains you need Flare’s full stack: State Connector attestations, FTSO data feeds, on-chain proof aggregation, and FXRP that lives natively under user control, not in some custodial wrapper pretending to be decentralized. @FlareNetworks goes layers deeper than most teams are even willing to admit, let alone build. That’s why the easy candy-coated versions keep popping up… and why Flare’s infra is the only one I'll use in Defi. Respect for doing it the right way. Non-custodial. Seamless. Soon everywhere. Just use FXRP. 🦥

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Keşfet

@luke_judges @x589x @Florian_VRI @Xalandor2 @FlareNetworks @Ripple @elonmusk @BarackObama