nortso

561 posts

nortso

nortso

@nortso

The official Twitter of NORTSO Flare Validator 1: NodeID-3RJrjDMzeZQVDyHDjZ6u1X3Y3WCKY5nbb Flare Validator 2: NodeID-9so5xxbAxuoqz5MANESDbLEQKetKP7AiW

Katılım Mayıs 2022
57 Takip Edilen1.3K Takipçiler
nortso
nortso@nortso·
@Quake_jr It's not distributed by us but at network layer. Please just wait a bit and check again later
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nortso
nortso@nortso·
Hi, that's a good question and thank you for asking. It's working as intended. You're right that a rate cut was available if you only look at redemption in front. The bot also takes other things into account like how many loans which are in front. This is to avoid having a lot of redemptions in front, they repay the debt, and the delegated troves are immediately in front. The manager has changed to 5.5% now (on FXRP). This rate was chosen to satisfy all the internal requirements of the bot.
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Equalizer 589589
Equalizer 589589@addwind_xrp·
Hey @nortso is your enosys interest rate bot wonky again? The current interest rate fixed by Nortso bot is 7.1% with 353k of redemptions. But at 6.3%, it's also 353K redemptions. At 0.7% it's 344K redemptions. Why didn't the nortso bot adjust it downwards to 6.3% or even 0.7%?
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Digital Dynamix
Digital Dynamix@_DigitalDynamix·
😒 Another week, another rejection... Same generic response... @X, @Support, @elonmusk, please have a human read my appeal to reinstate the @CommunityFlare account that has been wrongly suspended. If (when) the next appeal is rejected, I will share it here to receive feedback from the community on how to improve our odds 👍
Digital Dynamix tweet media
Digital Dynamix@_DigitalDynamix

The latest appeal to get @CommunityFlare account back due to suspension for being wrongly accused as an impersonator on @X was rejected (again). This is extremely frustrating as there are many accounts that are impersonating the original, still active, still trying to scam members of the community. What's more frustrating is the lack of context provided by X, just the same generic automated response, with (apparently) no human intervention regarding the matter. We've been told @FlareNetworks is trying to assist, as is many in the community who have helped by engaging in such posts to help grab the attention of either @Support or @elonmusk. We will be writing appeal after appeal until the suspension is lifted as this is getting ridiculous, hopefully we receive some sort of explanation so we can elaborate and resolve this unnecessarily stressful situation. ❤️ Much love - John aka "@CommunityFlare"

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nortso
nortso@nortso·
Validator 1 (NodeID-3RJrjDMzeZQVDyHDjZ6u1X3Y3WCKY5nbb) has been staked for another 242 days with a 10% fee. Thank you for everyone who staked with us previously and we hope to see you again☀️
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Fradet
Fradet@lefarfadet8·
@nortso currently showing 0.9%. Seems very low right now.
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nortso
nortso@nortso·
If you are using the nortso rate manager in Enosys Loans please check your trove. Because of an error in the "next interest rate calculation", the bot failed to update the interest and redemptions hit some troves managed by us. The issue has been fixed and deployed. Refer to the docs about redemptions, ask here or on Discord or Telegram if you have any questions. #what-happens-if-my-trove-gets-redeemed" target="_blank" rel="nofollow noopener">docs.liquity.org/v2-faq/redempt…
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nortso
nortso@nortso·
@addwind_xrp @enosys_global Hello, the interest bot waited for the free change to adjust the interest rate. There is an upfront fee (7 days on interest) that has to be paid if the interest rate was changes less than 7 days ago. The interest rate is down to 0.9% now
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Equalizer 589589
Equalizer 589589@addwind_xrp·
Hey @nortso - Anything wonky about the delegated interest rate you manage on @enosys_global loan protocol? You set it at 8% when there is low risk of redemptions at 0.8%! Shouldn't you adjust downwards when redemption risk is lower?
Equalizer 589589 tweet mediaEqualizer 589589 tweet media
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nortso
nortso@nortso·
Because of how concentrated the liquidity is on @enosys_global, we updated the zoom on some of the pools on the analytics website to increase the readability. This applies to pools such as sFLR/FLR and CDP/USDT0. Now you can zoom to a single basis point analytics.nortso.xyz/0x975f0369d31f…
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Ēnosys
Ēnosys@enosys_global·
New Milestone Reached! $10 M TVL in FXRP and wFLR Collateral in Enosys Loans! $5.6 M CDP minted, and growing! Borrow CDP against your FXRP and wFLR today at loans.enosys.global
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ニギリ
ニギリ@nigiri_crypto·
EnosysでstXRP/FXRPをAPR10%だったので1週間入れてみたがAPR10%は無さそうですね😅
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nortso
nortso@nortso·
@DefendDark You forgot that @enosys_global has launched the first CDP to mint stablecoin using $XRP as collateral. Don't want to sell your XRP? Use it as collateral instead. NFA
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Dark Defender
Dark Defender@DefendDark·
Things are unfolding fast for #XRP in DeFi. Wrapped XRP is live on Solana. XRP utility expanding on Flare. Liquidity is moving cross-chain. XRP is inevitable! When 589, #Ethereum?
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Ēnosys
Ēnosys@enosys_global·
Introducing the first ever XRP backed CDP - Enosys Loans! Enosys Loans is a friendly fork of Liquity V2 (@LiquityProtocol), deployed on @FlareNetworks. Secured by decentralized price feeds from the FTSO and protected with live monitoring through @HypernativeLabs, Enosys Loans brings the battle tested functionality of Liquity V2 to #XRPFi. Supply FXRP or wFLR as collateral to borrow CDP Dollars - a soft pegged stablecoin - and access the value of your assets without having to sell. Set your own interest rate for borrowing, or delegate rate management to @nortso for stress free borrowing. Supply your $CDP to the Enosys Loans Stability Pools to earn protocol fees, liquidation rewards, rFLR and $APS. CDP in the FXRP Stability Pool earns 75% of FXRP branch mint fees and interest, plus 80k rFLR and 0.4 APS per day in incentives. CDP in the wFLR Stability Pool earns 75% of wFLR branch mint fees and interest, plus 20k rFLR and 0.1 APS per day in incentives. Or, supply liquidity to the new CDP/USDT0 LP on Enosys DEX V3 to earn swap fees and a share of 100k rFLR and 0.5 APS per day! Initial Mint Caps are set to $4M CDP for FXRP and $1M CDP for wFLR. Join the next evolution of #XRPFi now at loans.enosys.global
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