Flare Utility ☀️ retweeted
🚀 Contest 2 is live!
Join our beta platform, compete on the weekly leaderboard, and win your share of this weeks $350 in $FLR prizes! 💰
Make at least 10 trades to qualify. Boost your returns and grab those rewards! 📈
app-testnet.xdfi.io/
Flare Utility ☀️ retweeted
The Cap has been increased to 270!
Start hands-off staking now!
$sFLR $FLR @SceptreLS #FlareNetworks
ALT Cap increase to 270M FLR!
Flare Utility ☀️ retweeted
Catch @HugoPhilion at @proofoftalk today.
He's joining a panel with @StargateFinance and @Unionlabs on The Mechanics of Multi-Chain Integration.
📍2PM CET at Polkadot MonaLisa Stage
The #Flare team will also be there, so feel free to say hi 👋
#PoT2024 #ConnectEverything
Flare Utility ☀️ retweeted
You asked for a big announcement, so here it is.
The XDFI Beta will go live on the 25th June 2024. 👏🏼
It’s nearly time to bring futures trading to @FlareNetworks $FLR. ☀️
For more information on our Beta & how to access it, be sure to join our Discord ➡️ discord.gg/ZpkUZSSVjf
Flare Utility ☀️ retweeted
Flare is the blockchain for data.
They are launching FAssets, which brings $XRP $BTC $DOGE to be used on the Flare blockchain and other networks.
Recommend keeping an eye on this. With their recent DeFi play, this could be the catalyst for alt L1's run.
FAssets Open Beta is here ☀️
Phase 1 starts now: technical users get early access and help shape the #FAssets system.
Phase 2 launches soon: everyone is invited to mint FTestXRP with the FAssets dashboard.
A retroactive airdrop is planned 📷
Details: flare.network/the-fassets-op…
Flare Utility ☀️ retweeted
Letting the cat peek its head out of the bag. 🐈
In addition to FTSO provider upgrades, I have been building @OxenFlow.
Oxen Flow is an iOS application architected to enable a one-step registration interface for self custody.
This design creates a secure entry point for users with limited knowledge of how self custody works.
🫡FYEO has completed a secure code assessment of @AureusOx @OxenFlow application.
✅@NicholasLobue builds with a security mindset- started with a threat model but FYEO will continue to audit new releases and diffs.
📘Read the full audit report fyeo.io/post/secure-code-ass…
Flare Utility ☀️ retweeted
Flare is the blockchain for data, an EVM smart contract platform that expands the utility of blockchain.
Build on @FlareNetworks at ETHGlobal Brussels on July 12 - 14! 🇧🇪
Flare Utility ☀️ retweeted
✨ "The F-Assets Open Beta Is Live" ✨
Want to get involved? Read the recently published article disclosing everything you need to know!
👉flare.network/the-fassets-op…
Flare Utility ☀️ retweeted
This isn’t a great comparison because the XRPL isn’t a leader in DeFi. The target is to catch up with and then pass the leading DeFi networks. FAssets and Flare’s excellent DeFi builders are the route to that.
In just 5 days we have 2x more TVL in 1 pool than all pools combined on the #XRPL
@FlareNetworks is going to rage 🍻 $FLR
Flare Utility ☀️ retweeted
Layer 1s don't usually have oracles built-in.
To have data feeds for dapps on them, chains pay millions from treasury.
That doesn't mean builders of dapps on those chains can now freely use the feeds.
For 'usable' fees (sub 1 sec), some popular perps are paying millions.
The upgraded FTSO's 1-2s latency feeds will have no costs (not even gas) to query on @FlareNetworks.
We provide infra with enshrined oracles for free because we want you to have fun building.
Flare Utility ☀️ retweeted
Blockchain for Data is what we need right now. Just found a project:
▸ An overlooked EVM L1
▸ Enshrined Oracle provides up to 1000 data feeds updated every block
▸ 60% $FLR staked for Oracle security
Catch the chance of a transparent incentive program.
Let's jump in.🧵
Flare Utility ☀️ retweeted
All the little jigsaw pieces are starting to come together. #Shipeverything
Flare Utility ☀️ retweeted
We'll be chatting about UI in the age of blockchain here on @genfinity's space tomorrow at 12PM ET!
Make sure to set your reminders and tune in!
👂🎙
#Flarenetworks $FLR
teapawt.net/i/spaces/1lDxLPgOoQZxm
Flare Utility ☀️ retweeted
Exciting developments: Clearpool strategically partners with Asia's leading custodian @Hex_Trust and ecosystem @FlareNetworks for the launch of USDX stablecoin and the upcoming launch of a T-Pool!
Stay tuned for the launch coming soon!
$CPOOL
🚀 Clearpool to launch yield vault for @Hex_Trust’s new stablecoin USDX on @FlareNetworks!
The new product, a dedicated T-Pool, enables USDX to be staked to earn real-world yield plus bonus $FLR incentives.
Launched by Hex Trust, a digital asset custodian with billions in assets under custody, USDX is backed 1:1 against the U.S. dollar or equivalently valued assets. Reserves primarily consist of 1-3 month T-Bills securely held by regulated tier-1 financial institutions.
🗣 @HugoPhilion, Co-Founder of Flare, said: The collaboration between USDX and Clearpool on Flare delivers a 1:1 backed stable asset with immediate access to real world yield. This will be particularly useful for FAsset agents, putting their stable collateral to work even while it's locked in the system.”
Learn more 👇
clearpool.medium.com/clearpo…
$CPOOL #RWAs #Yield
Flare Utility ☀️ retweeted
First native stablecoin on Flare - USDX ☀️
With a market cap of around $160B (@DefiLlama), stablecoins have become increasingly crucial as real-world assets (RWAs), offering widespread financial access and inclusivity through uncomplicated, permissionless, and borderless asset transfers.
I will write a thread soon covering what native StableCoin on Flare means for the ecosystem.
USDX will be the first native 1:1 backed USD stablecoin on @FlareNetworks, powered by the leading institutional digital asset custodian @Hex_Trust.
USDX launches with a dedicated @ClearpoolFin vault, enabling holders to earn real-world yield.
flare.network/defi-on-flare-…
Flare Utility ☀️ retweeted
Bitcoin is still the majority of the value in the industry. It is great to see that interest in Bitcoin L2 and a Bitcoin DeFi focused ecosystem is substantially on the rise. FAsset trustless bridging of BTC to Flare looks to be coming along at exactly the right time.
Flare Utility ☀️ retweeted
USDX will be the first native 1:1 backed USD stablecoin on @FlareNetworks, powered by the leading institutional digital asset custodian @Hex_Trust.
USDX launches with a dedicated @ClearpoolFin vault, enabling holders to earn real-world yield.
flare.network/defi-on-flare-…
Flare Utility ☀️ retweeted
#Songbird just hit a major milestone with over 1 million wallet addresses created.
3 years in the making — transactions and blocks keep soaring too.
Great to see the network humming and thank you for all the $SGB supporters 🐦
Songbird flying high!🐦
Weekly update👇
🪶Over 1M transactions processed last week
🪶620K+ blocks produced (more than 1 per sec)
🪶2,2K new wallet addresses registered
🪶40M+ $SGB FTSO rewards distributed
For more stats on #Songbird performance visit songbird-explorer.flare.netw…
Flare Utility ☀️ retweeted
Experience the power of Raindex ☔
See how easy it is to deploy & fulfill an order.
Ready to try it with your #Flare assets?
➡️ Download the desktop app: docs.rainlang.xyz/raindex/ge…
🧠 Meet @rainprotocol community: t.me/+W0aQ36ptN_E2MjZk