FlareBus Nodes (@flarebus) header
FlareBus Nodes (@flarebus) profile picture

Aerospace Engineer and Software Developer. Running FlareBus FTSO on Flare Network & NearBus on Near

Abu Dhabi
Joined December 2022
Photo by FlareBus Nodes (@flarebus)
Let's just rip this band aid off. @SceptreLS is operating more than 1 single on chain identity on flare as an infrastructure provider. This is strictly prohibited and not debatable. The question is what happens next. Management proposal is live and the severity of the outcome depends on co-operation. forum.flare.network/t/rotko-…
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I mean you can stake to a node that goes offline lol. But honestly the safest bet is whoever you can speak to. I'm here, @xrpen15 is here, @Catenalytica, @CommunityFlare, @cand_dao, @flarebus there's a ton of providers that if something happens you can bet they'll update you. Some other ones will be down for a week and either not realize it or will act like nothing happened. At minimum we'll give you heads up, and maximum we'll tell you we fucked up and will be back up [hopefully] shortly barring any catastrophic events lol
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FlareBus Nodes retweeted
Starting in the next couple of weeks the next 6 months are going to be transformative for XRPFi through Flare.
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FlareBus Nodes retweeted
🚨Revoke spending to 0x9c71462248801D430A7d06de502D2324abCE517E if you ever interacted with ToadzStake. The contract has been replaced by token drainer.
Updated Prelaunch totals: 5M $FLR staked 102k $FLR paid out Top staker return: 97.1% Avg. est. APY: 275% Public launch soon.
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FlareBus Nodes retweeted
Replying to @flarebus
Mirror rewards are claim_type 3 and always come from the ftso inflation pot. It does get confusing as they are actually based on staking performance.
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My guess is that if you stake and delegate from the same address, the mirror portion of the staking rewards is included when you claim your delegation rewards, even though part of those rewards actually comes from staking.
I had around 7.8M flare-networks:native delegated and I can tell you firsthand, it absolutely matters who you delegate to. The FTSO data provider is EVERYTHING. Their accuracy, uptime, and performance directly impact your rewards. Yes, how much FLR you hold matters, but choosing the right provider is equally important. Two people with the same amount delegated can end up with completely different rewards depending on who they delegate to. That’s literally how the system is designed. That's why I deleted to @FTSO_Paris flare-networks:native ☀️🕶️
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Our #NEAR validator is running smoothly and fully up to date. Proud to keep supporting the decentralization and security of the NEAR ecosystem through the Node Studio program by @meta_pool. Huge thanks to our delegators for the continued trust 🙏
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It's now live on flarebus.com/optimizer, will make a few improvements over the next few days. #Flare $FLR
Built a yield optimizer on #Flare that finds the best strategy while mantaining full exposure to your assets. No swaps. No LP risk. Just pure composability. Protocols tracked: Enosys Loans, Kinetic and Morpho/Mystic. #FXRP #FLR
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Built a yield optimizer on #Flare that finds the best strategy while mantaining full exposure to your assets. No swaps. No LP risk. Just pure composability. Protocols tracked: Enosys Loans, Kinetic and Morpho/Mystic. #FXRP #FLR
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Decentralized, trustless, fully onchain Limit Orders are now live on @FlareNetworks. Limit orders can be built on top of @enosys_global DEX V3, or @SparkDexAI V3.1 and V4. Supports any token/pool including custom tokens. Check it out at thanasdefitools.xyz/ Or read up on how it works, and how you can run your own executor bot at thanasdefitools.gitbook.io/t…
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Mint any amount 👀
FAssets v1.3 is live on Songbird. Minting no longer goes through agents — users initiate it directly on XRPL with a labelled payment. FXRP routes via destination tags and memo. The same paths $XRP already uses. What changes for users: – No agent selection – No reservation step – No lots. Mint any amount – Aligned with how exchanges and wallets already send XRP XRPFi doesn't scale on new apps alone. It scales when getting into those apps feels like sending $XRP. v1.3 is that step. First the rails. Then the rush.
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FIP 16 passed, thanks to every $FLR holder who voted! Have a great weekend ☀️
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FIP.16 passes in ~48h, a win for $FLR holders: - Inflation drops from 5% to 3% - Staking gets a 5x weight multiplier over delegation - MEV, FAssets, FCC, FDC fees all feeding into FIRE #Flare is building for the long term. Proud to be an #FTSO provider. 🔥
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The future of Flare is bright ☀️
Replying to @saadakb27044496
1. Why not ask the question the other way around first? 2. FXRP is non custodial. WXRP is custodial. 3. You are not a client of Hex (the custodian) so you can’t mint or redeem WXRP. This is a huge UX challenge that will be hard to overcome. You are going to have to end up buying it on a dex. 4. Flare Smart Accounts on the other hand mean that you don’t even need to leave XRP environments to use FXRP on other chains. 5. Flare has the most wallet integrations that support both XRP and Flare. 6. In the next version of FXRP anyone holding XRP on an exchange will be able to mint and redeem FXRP directly from that exchange. HUGE! In short FXRP has distribution channels that are pretty hard to compete with. 7. Flare’s ecosystem has the most liquidity and capital available for any version of bridged XRP. 8. Flare’s ecosystem has the most applications available for any version of bridged XRP. 9. Flare’s ecosystem has the most builders dedicated to any version of bridged XRP. 10. WXRP can be quite beneficial for FXRP. FXRP will be on Solana also (as it is on many chains already) so if WXRP is incentivised on Solana or any other chain any FXRP holder or Flare Vault can move their FXRP there and swap for WXRP to take advantage of the incentives bringing those profits back to FXRP and Flare because FXRP and Flare’s vaults are just so easy to use.
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I voted in favor of FIP 16. I believe there are parts of it which could be improved, still a giant step in the right direction #FlareNetwork
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FlareBus Nodes retweeted
🏁 Level up your @FlareNetworks $FLR strategy Flare is more than an L1 — it’s the data backbone of the #XRPL ecosystem. We’re opening new staking pools to support the network’s latest upgrades and its push for higher capital efficiency. ✅ Guaranteed APY: 6% ✅ Native ecosystem support ✅ Trusted security The vault is open. Stake your $FLR today 🚀 bitrue.com/staking?coinName=…
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1. #Flare FIP.16 feels like a political omnibus bill. I like the general direction, but too many major protocol changes are bundled into one vote instead of being separated and evaluated on their own.
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7. Validator incentives are also now heavily dependent on these new revenue assumptions replacing inflation, which makes outcomes more sensitive if activity or revenues differ from expectations.
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8. Overall it is too many levers changed at once, making the system hard to reason about. I would prefer separate proposals, so I can support parts of this without being forced into an all or nothing vote.
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