Sleight Of Cables

@Firelightfi @SparkDexAI @enosys_global I deposited into the Steer pool, does it still qualify for the 4x or do I have to be in the Sparkdex pool? Or am i doing something wrong?

Boost month is going live! Earn boosted points across eligible strategies: • 4x on FXRP–stXRP pools on @SparkDexAI & @enosys_global • 2x across all other supported deployments, including idle stXRP Deploy $stXRP and earn at an increased rate. @Firelight/firelight-boost-month-54dec6eb2823" target="_blank" rel="nofollow noopener">medium.com/@Firelight/fir…

@Kujeff138 @Firelightfi @FlareNetworks @SparkDexAI @enosys_global I have the same issue, im not seeing the points and cant get a straight answer!!! Im in the Steer pool, and im thinking should I be in the sparkdex pool or it different? anybody out there can you answer?

@Firelightfi @FlareNetworks @SparkDexAI @enosys_global I’m in the fxrp-stxrp pool on sparkdexai not seeing any point so far

@MalcolmLelievre Thanks again, and I followed you

@sleightofcables You’re welcome buddy ,Check back in few hours I’ve followed you can follow me back so we stay mutual 👍🏻

It’s not too late to stake in Firelight’s deposit cap raise! 🔥 Momentum is building as users position their $FXRP for staking. Lock in your spot before the cap fills: app.firelight.finance

Tune in to our Firelight Cap 2 Space for the latest updates on the cap raise and what’s next. 🔥 twitter.com/i/spaces/1MKgN…

𝐅𝐢𝐫𝐞𝐥𝐢𝐠𝐡𝐭 𝐂𝐚𝐩 𝟐 𝐏𝐚𝐫𝐭𝐲 𝐒𝐩𝐚𝐜𝐞 𝐑𝐞𝐜𝐚𝐩 ━━━━━━━━━━━━━━━ Host: @Firelightfi Speakers: @0xthanos @gablahbo @ConnorSullie Did you miss the space? Don’t worry, your girl caught it LIVE! 👇 The host touched down on the recent cap increase. Firelight’s deposit cap has now been increased to 65 million XRP, and the uptake has been heavy. 𝐂𝐚𝐧 𝐲𝐨𝐮 𝐠𝐢𝐯𝐞 𝐮𝐬 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐩𝐢𝐜𝐭𝐮𝐫𝐞? 𝐇𝐨𝐰 𝐡𝐚𝐬 𝐭𝐡𝐞 𝐜𝐚𝐩 𝐫𝐚𝐢𝐬𝐞 𝐠𝐨𝐧𝐞 𝐬𝐨 𝐟𝐚𝐫? ━━━━━━━━━━━━━ The speakers explained that: The first cap raise was 25 million XRP back in December and it got filled in just 6 hours. This time, they added 40 million XRP, bringing it to 65 million XRP total. And already, over 50% was filled within the first day. Impressively, this has been purely retail-driven same as the first cap. Just the Flare and XRP community showing up strong. These deposits will eventually become collateral used to provide coverage for other users in DeFi. Then the question came up: 𝐀𝐫𝐞 𝐰𝐞 𝐬𝐞𝐞𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 𝐬𝐤𝐞𝐰 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥𝐥𝐲, 𝐨𝐫 𝐢𝐬 𝐢𝐭 𝐫𝐞𝐭𝐚𝐢𝐥 𝐭𝐡𝐚𝐭'𝐬 𝐬𝐡𝐨𝐰𝐢𝐧𝐠 𝐮𝐩? ━━━━━━━━━━━━━━━━━ Right now? It’s mostly retail. There’s strong momentum from the community. But institutions are definitely coming. The goal is to bring in: ➩ Centralized exchanges ➩ Traditional finance players ➩ Big players who haven’t entered DeFi yet. Why? Because this coverage layer will help protect their deposits, which is a big deal for them. Another speaker emphasized a major issue 👇 ‘𝐇𝐨𝐰 𝐝𝐨 𝐰𝐞 𝐡𝐚𝐯𝐞 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐮𝐬𝐞𝐫𝐬’ 𝐚𝐬𝐬𝐞𝐭𝐬 𝐢𝐟 𝐭𝐡𝐞𝐫𝐞 𝐰𝐚𝐬 𝐬𝐨𝐦𝐞 𝐭𝐲𝐩𝐞 𝐨𝐟 𝐬𝐦𝐚𝐫𝐭 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐞𝐱𝐩𝐥𝐨𝐢𝐭 𝐨𝐧 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐩𝐫𝐨𝐭𝐨𝐜𝐨𝐥𝐬?’ ━━━━━━━━━━━━━━━━━ That’s a concern, especially for institutions. Yes, companies like Kraken and Coinbase have shown it’s possible… But a lot of institutions are still on the sidelines thinking: “I want in… but I need to get a lot more comfortable with this risk. I need a partner that can help me make sense of this risk and also price it appropriately.” That’s where Firelight comes in. The host then shifted to FXRP 👇 𝐅𝐗𝐑𝐏 𝐜𝐫𝐨𝐬𝐬𝐞𝐝 𝟏𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐦𝐢𝐧𝐭𝐞𝐝, 𝐰𝐡𝐢𝐜𝐡 𝐰𝐚𝐬 𝐚 𝐥𝐚𝐧𝐝𝐦𝐚𝐫𝐤 𝐧𝐮𝐦𝐛𝐞𝐫. 𝐇𝐨𝐰 𝐥𝐨𝐧𝐠 𝐝𝐢𝐝 𝐢𝐭 𝐭𝐚𝐤𝐞 𝐭𝐨 𝐠𝐞𝐭 𝐭𝐡𝐞𝐫𝐞 𝐚𝐧𝐝 𝐰𝐡𝐚𝐭 𝐝𝐫𝐨𝐯𝐞 𝐭𝐡𝐞 𝐚𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐢𝐨𝐧? ━━━━━━━━━━━━━━━━━ A Flare team member shared the backstory: They identified a problem: ‘How can we activate these assets that aren't currently yield bearing to become yield bearing, or at least be used within DeFi as a capital asset?’ They started small: • 5M caps • 10M caps And kept increasing as everything worked smoothly. Eventually, it scaled up to 50–60M FXRP… and then beyond. Growth was driven by: ➩ The Flare DeFi ecosystem ➩ More use cases for FXRP ➩ Collaboration with Firelight to deliver yield at scale. He also mentioned Flare Smart Accounts. 👇 This allows users to deposit into yield protocols in just 2 clicks directly from XRPL wallets like Xaman . Then came the alpha 👀 𝐖𝐡𝐚𝐭 𝐨𝐭𝐡𝐞𝐫 𝐧𝐞𝐰 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐚𝐧𝐝 𝐩𝐫𝐨𝐭𝐨𝐜𝐨𝐥𝐬 𝐡𝐚𝐯𝐞 𝐥𝐚𝐮𝐧𝐜𝐡𝐞𝐝 𝐨𝐫 𝐚𝐫𝐞 𝐜𝐥𝐨𝐬𝐞 𝐭𝐨 𝐥𝐚𝐮𝐧𝐜𝐡𝐢𝐧𝐠 𝐭𝐡𝐚𝐭 𝐩𝐞𝐨𝐩𝐥𝐞 𝐜𝐚𝐧 𝐥𝐨𝐨𝐤 𝐨𝐮𝐭 𝐟𝐨𝐫? ━━━━━━━━━━━━━━━━━ Some mentions: ➩ Mystic & Morpho ➩ Upshift (great for passive yield) ➩ Spark DEX (for trading) ➩ Kinetic (borrowing) ➩ Spectra (for yield strategies & LPs) 𝐖𝐡𝐞𝐫𝐞 𝐝𝐨 𝐲𝐨𝐮 𝐬𝐞𝐞 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐦𝐞𝐚𝐧𝐢𝐧𝐠𝐟𝐮𝐥 𝐬𝐩𝐚𝐜𝐞 𝐫𝐞𝐦𝐚𝐢𝐧𝐢𝐧𝐠? 𝐈𝐬 𝐢𝐭 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞, 𝐨𝐫 𝐰𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐠𝐚𝐩𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭? ━━━━━━━━━━━━━━━━━ The speakers pointed out Coverage / Insurance. 𝐒𝐨 𝐰𝐡𝐚𝐭'𝐬 𝐧𝐞𝐱𝐭?? 👇👇

Thanks Malcolm, appreciate the clarification! That makes perfect sense. I’ve been in that Steer pool for exactly a week now with no points displaying yet, but it's great to know the protocol is tracking it behind the scenes and the points will drop once indexed. I'll sit tight and wait for the backdated UI update. Thanks again for the help! 🤝

It’s completely normal for the Firelight app to have a delay in displaying points or multipliers, especially with the recent migration to SparkDEX V4. Points are backdated. Even if the UI isn't showing the 4x badge yet, the protocol is recording your liquidity provision from the moment you deposited.

@MalcolmLelievre Thankyou at @MalcolmLelievre for answering this genuinely appreciate taking the time to reply just a follow up quick question when I go to the fire light app under my positions it's not showing the 4X multiplier, basically displayed no points printed, is that normal?

Yes, I can confirm that. The Steer v4 stXRP-FXRP position on SparkDEX is indeed the same 4x multiplier pool mentioned in the Firelight Boost Month announcement. Because SparkDEX V4 utilizes Steer Protocol’s Automated Liquidity Management (ALM) to handle its concentrated liquidity ranges, depositing into the Steer vault is functionally the same as depositing into the SparkDEX V4 pool.

We wanted to come on here to clear the air and confirm that the rumors are true... Cinematic Video Overviews are officially rolled out to 100% of Pro users in English! Please respect our privacy during this time by flooding our replies with your favorite creations.

🚨 Ripple just dropped a new video! Grayscale's Managing Director breaks down the role of XRP in a diversified crypto portfolio and why XRP is a defining asset in the next chapter of digital finance 🔥 The institutional moment is HERE. 👀

XRP is approaching a $200B market cap, but has largely been left out of DeFi. That changes with Firelight. We’re enabling XRP holders to stake and participate in DeFi with institutional-grade security. Learn how to get started with our guide. @Firelight/step-by-step-guide-to-staking-on-firelight-in-phase-1-65678fcc49c5" target="_blank" rel="nofollow noopener">medium.com/@Firelight/ste…

Space link : twitter.com/i/spaces/1jGXg…

Stop settling for 6% when you could be earning 13%. 🛑 If you are only delegating your $FLR to FTSO providers, you are leaving half your potential yield on the table. Liquid Staking (stFLR) on SparkDEX lets you double your APY with just a few clicks. Watch the breakdown. 👇

$FLR community, let’s blow up your followers! ☀️ • LIKE ♥️ & REPOST 🔄 • Comment with “☀️” below • Follow everyone in the comments. I want the $FLR holders to unite more, so I'll be happy to see you guys gain followers!

@FlareNetworks @_WaterAmi Remember to be kind to our little gem SGB

@_WaterAmi did someone just say BTCFi

BTC and XRP make up a huge share of the crypto capital base that still sits largely unutilized. @FlareNetworks’ bet isn’t just to bring that capital into DeFi, ie not only XRPFi or BTCFi. It’s to build the rails that makes them deployable: Audited systems, non-custodial interoperability, curated yield strategies, and the account abstraction layer needed to make UX/ participation simple enough to scale. If Financial-Grade DeFi is the next phase, the breakthrough isn’t yield alone. It’s delivering yield in a form large pools of capital can actually use

@FlareNetworks @_WaterAmi Fbtc would be great

Big congrats to the Flare ecosystem for hitting a new TVL all-time high! 🥳

@Firelightfi Sweet

25% of the cap raise to 65M FXRP has been filled within minutes! This cap raise is designed to enable greater participation, allowing users to deploy FXRP and stake on the protocol. Get all the details of the raise here. @Firelight/firelight-deposit-cap-has-been-raised-to-65-million-fxrp-900e1e116510" target="_blank" rel="nofollow noopener">medium.com/@Firelight/fir…

@israelwithaviel @Firelightfi @HugoPhilion timezone would be nice

@Firelightfi @HugoPhilion Just to clarify, you are opening the vault tomorrow 18th or 19th at 16:00 (time zone?)

🚀 We're massively increasing the self-bond for the @_DigitalDynamix Validator → April 1st. If you want to support what I'm building on the #FlareNetwork, want to earn $FLR rewards, want to claim $DYNMX airdrops + more, then mark the date in your calendar! $FLR Staking with Digital Dynamix will fill up fast! ☀️ Big. Things. Coming!