

Resonance ☀️
248 posts

@resonanceoracle
Signal Provider for Flare Networks • Tune in! 🔊








FIP.16 turnout is already huge. Still a few hours left — if you haven’t voted yet, now’s the time. @FlareNetworks

👇😎 THIS is why I am not wrapping or staking.


A new proposal has been posted to add support for 2 new XRP-specific FDC types on Flare and Songbird: XRPPayment XRPPaymentNonexistence These proposed additions are intended to support upcoming FAssets / FXRP upgrades, including: > faster minting flows > direct minting with the Core Vault > removal of the current 2-transaction minting process This is a proposal for the Management Group, which reviews and votes on new FDC attestation types. 📔 Read the full post: forum.flare.network/t/add-support-…




@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.


Flare Metrics is still alive and better than before. I've had to rebuild this platform many times due to the ever changing environment on Flare (particularly the early years). Still some work to do, but it needed a refresh to provide accurate information and it's weight off my conscious when it is providing good and trustworthy data. One of the new features is a distribution of stake between countries and ASNs (these are the cloud providers the validators use to run their infrastructure). It helps gauge the networks health as too much stake placed in a single region or ASN could impose on the networks decentralization. Additionally you for both validator and FTSO pages you will see "passes". These are tokens that allow forgiveness to providers so they can continue to earn rewards in cases of downtime or system failures. Passes are consumed on any negative behavior and only earned (max 3) for good performance. On the FTSO table you will also see a new column we are experimenting with called "Rate CV". This number represents the reward rates coefficient volatility; in other words, the intensity of the reward rate fluctuation. A lower CV indicates a more stable reward rate, while a higher one indicates large inflow and outflows of vote power (a quick note on why this is important: you may see an attractive reward rate, but if a massive amount of VP floods the provider, you will not reap the benefits of that initial reward rate). So typically a lower CV means a more stable reward rate. You can also now click onto individual providers to see more detailed information about them including historical minimum condition performance (this is what affects passes and provides an indication of past performance). There still is some work to be done, any suggestions and feedback is welcome.





