IB6209

@FlareUSAHQ Thank you yes I thought that would be the case

Take the RED pill 💊 ☀️ @FlareNetworks is the RED pill. Imagine wanting to participate in decentralized tech, but still letting a third party (an exchange) take a cut of your rewards just for holding your assets on their platform. If your $FLR wasn’t sitting there, that “tax” wouldn’t exist. Which means more rewards stay with you 💰 Unplug from the matrix. Go straight to the source. With the right wallets, you can fully control your $FLR: ☀️Delegate and earn rewards every 3.5 days ☀️Stake and earn rewards every 14 days Own your assets. Own your rewards. ☀️🕶️

@fAssetsonflr No blame on enosys at all i knew the risks

@ib6209 Sorry to hear about the rug from the APS whale dump—classic DeFi IL risk in incentive pools, but smart move steering clear while still backing the Enosys team.

@DrAndrew_Re Hi I was in the liquidity pools on enosys making decent returns and a whale dumped his APS dropping the price 50% in a hour losing me 50% of my XRP replacing it with APS so won't be doing that again. Not knocking enosys i think they are great.

@ib6209 That’s a hard conclusion — and honestly, many people reach the same view after running the numbers.But you can absolutely try using other protocols on the flare server to earn more on the database

@HugoPhilion Why does it still need 3% inflation on a already 100 billion tokens.

The Governance proposal creates flexible leverage into future progress. FIRE collects: - FDC transaction fees - MEV earnings - FCC fees - FAsset earnings This means if Flare’s success stems from: - Non smart contract token DeFi (XRPFi, BTCFi etc) - FIRE collects from FDC, MEV & FAsset earnings - Vanilla DeFi - Fire collects from MEV - RWA based - FIRE collects from FDC, FCC & possibly MEV - AI based - FIRE collects from FDC & FCC - A mix of some areas or all areas - FIRE collects from all of the above

@FV887606 My opinion is they only came up with the songbird network because flare was so far behind and they had to do something to keep people engaged.

#Songbird $SGB has had 9 straight months of red candles. When does the bleeding end? #Flare $FLR

@HugoPhilion @CryptonistNord @FlareNetworks As if it matters I bet it has no immediate effect on price anyway

@CryptonistNord @FlareNetworks Today is Easter Monday. Tomorrow is “power and bridges day” - which seems like a poor day to choose. Wednesday or Thursday seem more sensible.

@0xQuantic Got it what your trying to prep is for is,The token economics proposal will take a while to pass and then it will take a long time for the effect to kick in so more ATL's for FLR coming.

Okay, here’s where we are and what’s coming. Yesterday, Flare hit another major milestone with Confidential Compute going live on testnet. This is going to unlock a new wave of applications for XRPFi and institutional use cases. I expect adoption to start gradually, then accelerate quickly once one or two major use cases break through. Over the weekend, I’ll be helping developers building with TEEs and Flare Smart Accounts to create new solutions. There are also several important pieces connected to FCC, including meaningful updates around both FDC and FAssets. I’m especially excited about what’s coming for FAssets, because it should give exchanges and custodians much more seamless access to XRP yield, with important unlocks for future integrations. More on that soon. Another big thing the community is waiting for is the FIP. I’ve gone through the draft, and once it’s published, I think people should take the time to read it carefully because it will reshape Flare over the long term, in a positive way. It’s clear that FLR needed stronger value capture now that we’ve found product-market fit, and in my view this proposal moves in the right direction. That said, the effects might not be instantaneous. Some benefits will happen very quickly, while others might roll out in phases. I expect the proposal to be published within the next couple of days, and I also expect the community will want to debate it in depth. I’ll be here to help however I can, but this is clearly a key moment for the community. Finally, on FBTC, I don’t have much to share yet. I spoke with the devs and things are looking good. But it’s worth remembering that Bitcoin is not easy to integrate because of its UTXO model. It’s a very different beast. Once this goes live, though, I think we will see another major step up in TVL, similar to what happened with XRPFi. And the value capture mechanism should be noticeable by then. We are going to win.

@KingKaranCrypto I would of said before easter was a better time to release it as people will have time to read it,Or is Hugo just playing for time like he did when they released songbird

We're ready for the $FLR utility proposal whenever you are Hugo.

@KingKaranCrypto @FlareNetworks Shame TVL has no reflection on price,The flare tiken is 100bn with a 5% inflation and is only needed for very small amounts of gas

I wouldn't be surprised to see @FlareNetworks in the top 10 very soon.. 👀

@CommunityFlare Thats me out of firelight absolute joke.

JUST IN: Firelight Points will have no Economic or Financial Value ⤵️

@Cryptoinsightuk @Firelightfi Iam out of this shit project.

I am confused as to why I have so much staked on @Firelightfi If the points don’t mean prizes and I’m putting my XRP into their vault (in decent size), why am I taking this risk / trusting them with my XRP for nothing. I think I am going to unstake unless I’m not understanding correctly? Why would I have it staked?

@Crypt0W0rm226 Flare will still only be needed for gas,hugo and his radical token economics proposal will do absolutely nothing for price.

$FBTC will have everyone wanting $FLR Buy $FLR

@KingKaranCrypto If you have DCA'd into flare since launch you have never been in profit.

You didn't come this far in crypto to give up now. While your circle was spending, you were stacking. While they were sleeping, you were learning. The life you're building doesn't have a shortcut, it has conviction, patience, and a vision they can't see yet. LOCK IN!! 👑

@AndrewfillionX @FlareNetworks The argument that the whole market is down doesn't work,Flare has done nothing but go down.

Been seeing a lot of negativity here on X towards Hugo and the team over at @FlareNetworks over the recent price action. It’s sad to see them being treated unfairly in a time where the entire market is down, due to global conflict. Flare team, nothings changed on my end! ☀️

@FV887606 People thinking the radical tokenomics proposal will improve the price but I bet it doesn't

This price action is an actual nightmare for #Flare holders. $FLR has to pump 266% just to get back to where it was when #FAssets was launched...

@FlareDevHub And yet flare keeps hitting new ATL,The fact is Flare has 100bn tokens with a 5% inflation and the use cases you show above is literally gas.

FLR is at the center of everything we do. FDC uses FLR. FSA uses FLR. FCC uses FLR. FAssets use FLR. We build infrastructure that powers the onchain economy. We build for FLR. ☀️

@KingKaranCrypto 100 billion tokens 5% inflation and no need for Flare other than as gas.

Expect a RADICAL move up from $FLR as it's EXTREMELY oversold. Don't tell me I didn't warn you.

@HugoPhilion @calminspace To say flare is moving inline with the market is a little disingenuous,Flare has done nothing but go down.

@calminspace FLR is currently moving inline with the broader market despite the high ecosystem growth. The coming Governance proposal seeks to create a strong economic linkage between ecosystem activity and the FLR token economy.

TVL and price of $FLR token move opposite to each other. Wild thing

@Firelightfi Haha we have gone from the sublime to the ridiculous,What a joke.

1.5 hours to the Firelight cap raise! This will increase the deposit cap to 65 million $FXRP, enabling more participants to stake on Firelight. Prepare your $FXRP and $FLR ahead of time. Get up to speed on how: @Firelight/preparing-your-fxrp-for-firelight-8232cb940d13" target="_blank" rel="nofollow noopener">medium.com/@Firelight/pre… Light it up! 🔥