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As $SFIN has officially dropped below $BTC price, it’s currently around 38k $CAND, let’s discuss thoughts on it’s direction from here.
Pro’s:
Only 11,000 total supply
Passive income 3 ways.
Staking in Governance, Loans, Farm.
Weighted Governance votes over @FlareFinance DAO
Pro’s:
Only 11,000 total supply
Passive income 3 ways.
Staking in Governance, Loans, Farm.
Weighted Governance votes over @FlareFinance DAO
Con’s:
Large sell pressure as a reward token.
Gamma phase FF is stagnant, often stuck in recovery mode.
Bad public image, Fear, uncertainty and doubts.
Canary network.
If you are a believer in @FlareFinance building a useable #DeFi platform on a fast, secure, scalable net...
Large sell pressure as a reward token.
Gamma phase FF is stagnant, often stuck in recovery mode.
Bad public image, Fear, uncertainty and doubts.
Canary network.
If you are a believer in @FlareFinance building a useable #DeFi platform on a fast, secure, scalable net...
You would simply wait for the price to crash to the lowest possible price and then pick up as much as you can. $80k for 2 $SFIN right now?
Then you need to think, will it go lower? We will likely see more sell pressure come from more liquidity pools in #FlareFarm, but they
Then you need to think, will it go lower? We will likely see more sell pressure come from more liquidity pools in #FlareFarm, but they
At the suggestion of @FlareFinance moderators, users should be doing research on APY cloud as it will weigh heavily on the next update.
Here is the link to the article I am pulling this information from: flarefinance.medium.com/flare-finance-…
I will unpack my understanding of this below. 👇🧵
Here is the link to the article I am pulling this information from: flarefinance.medium.com/flare-finance-…
I will unpack my understanding of this below. 👇🧵
First, there has been misinformation about another $ExFi airdrop. This is FLASE.
There is 40M ExFi set aside for the APY cloud, but this isn’t a token distribution method.
APY yield for Governance staking of $SFIN and $ExFi will be minimum 5% and maximum 35% with an Excess 20%
There is 40M ExFi set aside for the APY cloud, but this isn’t a token distribution method.
APY yield for Governance staking of $SFIN and $ExFi will be minimum 5% and maximum 35% with an Excess 20%
This excess 20% will be added on the max of 35% to start, giving us an initial APY of 42%.
This yield will come from Protocol earnings in this fashion:
50% of #FlareMine
50% of #FlareFarm launchpad
50% of #FlareWrap
2% of #FlareX
2% of #FlareLoans
2% of #FlareMutual
This yield will come from Protocol earnings in this fashion:
50% of #FlareMine
50% of #FlareFarm launchpad
50% of #FlareWrap
2% of #FlareX
2% of #FlareLoans
2% of #FlareMutual
