Mickey_B_Fresh☀️🪝

🌋Something big is happening on @FlareNetworks 🚀 For the 1st time, network activity is being directly tied to real economic value for #FLR holders. 👉 FIP.16 introduces a system where fees, data services, and cross-chain activity can flow back into the ecosystem—reducing supply, strengthening the token, and aligning growth with usage. 🔥This is how value accrues🔥

@SentoraHQ vaults and strategies served hundreds of millions of redemptions during the weekend , fully liquid without any delays. When part of DeFi was closed, @SentoraHQ remained open as one of the few sources of liquidity in the market. Thanks to our partners who worked with us throughout the weekend. This was another test to the resilience of our infrastructure. This thing is not over yet. Stay safe.

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.

The key security point about FAssets v1.3 is this: Minting will route to the Core Vault, governed by explicit safety limits: hourly caps, daily caps, and delays triggered by large mints. For redemptions, agents still play a role, and the collateralized payout model remains intact. These are different control surfaces with deliberate speed bumps, resulting in lower risk. More rollout details to follow.

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.

💥BOOM! 🇺🇸 Sec. Scott Bessent on the CLARITY Act: “The U.S is becoming the crypto capital of the world with the BEST regulation.” President Trump is READY to sign it!

Today’s DeFi incident is serious and the industry needs to learn swift lessons from it. A few points on @FlareNetworks and FXRP need to be clear: 1. FXRP is not the same thing as the FXRP OFT rail The precautionary pause announced earlier applies to OFT-based cross-network transfers. Core FXRP / FAssets functionality on Flare continues to operate normally. 2. Canonical FXRP on Flare does not use the same architecture as the rsETH OFT under investigation FAssets on Flare is a trust-minimized system with audited smart contracts, onchain liquidation mechanics, independent challengers, governance controls, and explicit safety limits designed to keep risk visible and bounded. It is built by Flare. 3. Using the LayerZero OFT standard for FXRP transmission to other chains does not mean sharing the same security configuration or the same exposure as rsETH LayerZero security is configurable per pathway, not globally across every route. It appears that rsETH used a low security configuration, which is explicitly warned against in the LayerZero documentation. This is not how FXRP is configured. As a precaution, we have paused the FXRP OFT rail while the incident is being investigated. We will not resume it until the root cause is clearer. We support the industry-wide effort to establish the facts quickly and restore trust.

With Firelight, your $XRP stays locked on the XRPL while you receive an LST, unlocking yield across the @FlareNetworks DeFi ecosystem without giving up exposure to your underlying stake. 🔥 Dive deeper into how it all works on our official docs. docs.firelight.finance

Bigger than the entire liquidity of XRP on any other chain in one mint.

What to do before a vote: Confirm you’re eligible: voting power is WFLR or staked FLR (not idle FLR in a wallet). If you’re FLR-only: wrap (WFLR) and/or stake. Watch this guide on how to vote👇

Demand for XRP keeps growing. More access, more ecosystems, more utility.

FIP.16 is live. Burns, buybacks, a 0% net inflation target, and the first time activity on @FlareNetworks has a direct path back to token holders. Vote, build, signal. Window's open, not forever. FIRE up. 🔗portal.flare.network/proposal/view/…

Ripple Treasury x Goldman Sachs Ripple is streamlining institutional liquidity by integrating Goldman Sachs’ Mosaic platform directly into the Ripple Treasury dashboard. 🔹Instant Access: Trade 200+ money market funds in 7 currencies. 🔹 Seamless Sync: Automated ledger updates eliminate manual data entry. 🔹 Operational Clarity: Unified visibility of cash and portfolio positions. A significant step in bridging the gap between traditional finance and blockchain efficiency.

Yesterday, I celebrated 11 years at Ripple. Back then, I couldn’t have predicted that we’d still be fighting for regulatory clarity. The fight has been worth it. After a day in DC having great conversations with @SenatorHagerty, @berniemoreno, @SenatorTimScott, @JohnBoozman and @patrickjwitt - and on stage at @Semafor World Economic Summit - I know we are closer than ever. The CLARITY Act window is open. And now is our moment to act.

Missed the FIP.16 Space? Full replay is on our YouTube with topic timestamps so you can jump straight to what you care about. Watch it here→ youtube.com/watch?v=sFhexU…

Announcing our partnership with #KyoboLifeInsurance—one of Korea's largest and most established life insurance companies—to explore on-chain financial infrastructure using Ripple Custody: on.ripple.com/4dTCDoB Kyobo becomes the first Tier 1 Korean insurer to take this step, bringing government bond settlement closer to real-time. This is what institutional digital asset adoption looks like.

JUST IN: Senator Bill Hagerty confirms the Clarity Act is scheduled to be presented to the Senate Banking Committee next week

Which part of FIP.16 matters most to you? Let us know why in the replies ✍️

What does the path from 5% to near 0% look like? Step 1: Governance cuts inflation to 3%. Step 2: 20x base fee = ~300M FLR burned/yr at current volume. Step 3: Every new transaction widens the burn. Scheduled reductions + burn mechanisms drive net inflation toward the goal.