Hugold☀️
291 posts

Hugold☀️
@Hugold_io
A small tribute coin/token. Created at the height of the $FLR and $SGB FUD Although Hugo is priceless; Hugold is just for fun and likely won't make you rich.

🚨 ORACLE WARS: Flare’s Lightning-Fast Enshrined Oracles vs Chainlink’s Trillion-Dollar Empire — Who Wins DeFi? 1/12 Flare has enshrined oracles baked into its L1. Chainlink runs standalone Decentralized Oracle Networks (DONs) across 100+ chains. Both solve the oracle problem… but in VERY different ways. Deep dive + visuals below 👇 #Flare #Chainlink #DeFi




Beast mode activated! Value is created by shipping products that solve problems for it's users, irrespective of market conditions. @FlareNetworks FLR FXRP

7 million FXRP minted today. 1.1B FLR locked as collateral - almost 1.5% of the current circulating supply. 44m XRP being staked with @Firelightf. 70 XRPs are generating yield. 30% of all FXRP are on Firelight. 50% deployed in DeFi. And we have not even started! Not much more to say. I hope you get it by now. Hu🐐 was right, @FlareNetworks has brought unbelievable utility to XRP holders - and I don’t mean that in a bad way. As always. Onwards and Upwards 🚀

Multichain topic at Swell: the discussion around the flaws of bridges in making digital assets portable across blockchain is hitting a conceptual limit for interoperability. The discussion is giving way to using state connectors to validate state across chains in lieu. I can only think of one protocol that has focused on this specific problem. The Internet of Value will not scale only via L2s, it will scale horizontally across L1s , load balancing and with low switching costs and no cross chain double spends / claims.

37.9% tvl growth since September 24.

Bridges connect blockchains, but often they just move tokens. @FlareNetworks’ FAssets are built different and go further. Here's how👇[unroll]

XRP’s next chapter starts today. Awakened with FXRP on @FlareNetworks.


While the pointless debate on the payments issue between lovers of #LINK and #XRP continues, we thought it would be useful to analyze the core functionality of both LINK and #FLR as it relates to Oracles. This is the result: we welcome your feedback to make corrections.


We are preparing to launch FAssets v1.2 on Songbird next week. This launch is part of our multi-layered security process. We've completed the @zellic_io audit and have high confidence in the code's robustness based on internal reviews. The final Zellic audit report is forthcoming. To facilitate this launch, a scheduled system upgrade is required on Wednesday, August 20th. The FAssets system will be paused for up to 8 hours, starting in the morning UTC. During this time, minting and redemption of FAssets will be temporarily unavailable. Once the upgrade is complete, FAssets v1.2 will be live on Songbird. No action is required from collateral providers, token holders and any users. We will notify you once the upgrade is completed and FXRP v1.2 is fully functional on Songbird. Thank you for your continued support as we build out the future of XRPFi and beyond ☀️
