Discover and read the best of Twitter Threads about #flarenetwork

flare.space ☀️

@flare_dot_space

@FlareNetworks

1/🧵 'What happens now that #FlareNetwork FIP.01 passed' is a common question these days.
We've put together a comprehensive blog post with all the information you need to answer it 👇
Read it here: flare.space/learn/fip01-pa…
@FlareNetworks #FlareCommunity

2/🧵 Key information you need to know:
- Our best guess is that the first monthly distribution will happen in March 2023.
- The 36 future monthly distributions will be provided to all wallets holding WFLR (not just airdrop recipients).

3/🧵
- Monthly distribution in practice means distribution every 30 days. So, it will not happen on the same date each month, but after every 30 days.
- Three random blocks will be chosen in the period between day 8 and day 30, for every distribution cycle.

Read 5 tweets

CynArts ☀️

@CynArts

@JoelKatz

FIP.01 takeaways 🧵👇

General idea: overtime leveling the playing field for all, thus incentivising non-airdrop participants to enter & engage in the network. 1/

#Flare #FlareNetwork #XRP #XRPHolders @JoelKatz
flare.network/fip01/

Read the article.

What? Did you think I was going to break down the math and charts for you 😂 here's the water, drink.

/2 ✌️💚

@FlareNetworks

/3 Voting will take place at portal.flare.network/voting

Follow @FlareNetworks to stay up to date on 'wen proposal'.

For more insight on FIP.01 & Flare Networks follow:
@CommunityFlare
@MrFreshTime
@banker_defi
@sentosumosaba
@Moonchaser2020
As always stay diligent and #DYOR

Atlas TSO ☀️

@TsoAtlas

Following thread is NOT financial advise.

Just clearing things up for someone not following #FlareNetwork
A lot of people might be thinking what to do with their airdrop this is some information to also consider.

Constants 15000 FLR Airdrop.
Assumptions that FIP01 Passes. 1/3

Scenario #1 (Selling)
Case#1 avg sell 0.25 (Profit 3750)
Case#2 avg sell 0.15 (Profit 2250)
Case#3 avg sell 0.10 (Profit 1500)

Scenario #2 (Holding)
You would have 175k tokens in 3 years.
What price needs to be to have more profit in 3y:
#1 - 0.022
#2 - 0.013
#3 - 0.009 2/3

We took a very high network participation in mind when doing the calculations for how much you will end up with and we are 99.9% sure it will be more than 50k in this scenario.
It all depends on if you believe in #FlareNetwork and if market will be higher in next 3 years. 3/3

Read 4 tweets

Krippenreiter

@krippenreiter

@FlareNetworks

[1/🧵] Is this you? 🤨

• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years

Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇

[2/20] If you've been following this topic, you'll recall that there was once a #XRPL snapshot:

• 12th December 2020, 00:00 UTC
• #XRP Ledger index 60,155,580
. . .

[3/20] . . .

You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.

→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . .

Read 22 tweets

The Satraps

@TheSatraps

Hi #Songbird Community,

Since our launch, the #Senators have been actively discussing TSO ethics and It is time to build Songbird's first TSO #ethics scoring system.

Recently we have seen TSOs openly discuss collusion, TSO best practices, and the costs of running one. 1/🧵

@ftso_au

@ftso_au, one of the very first TSOs on Songbird providing data since September 2021, who has also brough @flaremetrics to the #Songbird ecosystem; shed light on how expensive running a TSO can be.

@flareoracle_io, another OG TSO on Songbird who brought $sFORT to Songbird 2/🧵

@TsoAtlas

-offered to look after smaller, more ethical TSOs by delegating to them. A few other TSOs joined the initiative.👏

@TsoAtlas, brought up the ethics discussions among TSOs and challenged complacency in our ecosystem.

@HugoPhilion mentioned that @FlareNetworks has planned 3/🧵

Read 8 tweets

F令和NOW

@reiwa_now

#FLRFinance
#FlareNetwork
#SongbirdNetwork

$FLR / $ExFi の $DFLR エアドロと $YFLR 等をFLRFinanceの概要からおさらいします。

まず、FlareNetwork上のFLRFinanceについてです。

セカンダリガバナンストークンとして $YFLR があります。
ファーストガバナンストークンは $YFIN です。

1/7

$YFLR や $FLR をFLRFinanceのDeFiでステーキングすると $YFIN を収穫出来ます。
※各種流動性ペアも対応される想定

将来的なガバナンスの投票権は $YFLR : $YFIN = 1 : 10,000 になります。

$YFLR の用途は以下にまとまっています。
help.flr.finance/flarefinance/m…

2/7

❗️) $DFLR は $YFLR と 1 : 1 で交換される引換券となります。
KYCを経て引き換え可能です。

また、現在ローンチ済みなのはカナリアネットワークのSongbirdNetworkなので、FLRFinanceもそれに対応した通貨を出しています。
$YFLR に対応するものが $ExFi, $YFIN に対応するものが $SFIN です。

3/7

Read 10 tweets

LightFTSO ☀️

@lightFTSO

1/n
Here's some thougts:
*disclaimer* spent all night working on our own algorithm so these tweets are fueled by only 3 hours of sleep😄

#SongbirdNetwork #songbird #Flare #FlareNetworks #FTSO #INeedSomeCoffee

2/n Id like to make clear that the #SongbirdNetwork has not been exploited, the FTSO system so far has been resilient enough to this kind and size of abusive behaviour. However it could still be swayed to a truly innacurate price given enough funds. But this has not happened yet!

3/n For example, the pink dot around the $18500 mark are (sadly) undoubtedly innacurate prices for $ADA, but given the VP this provider has, the FTSO system simply discards it.
If the provider had around 10% of the VP, the price could swing upwards a bit but still not by much!

Read 9 tweets

@888InnerCircle @FlareNetworks

@888InnerCircle

The @888InnerCircle expands with the @FlareNetworks realm!

For a chance to buy these #NFTs, join the Flare Discord & check out the "888-flare-realm' channel!

👉discord.gg/WgXJASd9

Minting will take place on Tuesday February 8, 2022. #888InnerCircle #Songbird #FlareNetwork

@888InnerCircle

https://twitter.com/FlareNetworks/status/1488560248751333379

What makes this opportunity especially advantageous for you as a participant of the #Songbird network is the fact that you will be able to pick up an 888 Inner Circle #NFT and pay a minuscule amount in fees in comparison to all other realms selling on #Ethereum!

❤️

Tim Rowley

@timrowley_au

YOU CAN DELEGATE TO MORE THAN 2 DATA PROVIDERS... but... here's the catch: Flare (Songbird) supports 2 delegation methods: (a) Delegation by percentage which you've likely used by now and (b) explicit delegation. Percentage delegation is restricted to two addresses... (1/4)

..this is because when a transfer of tokens is made by a delegator, the vote power of the delegated addresses must be updated to reflect the change in the delegators balance which costs gas. The more addresses a delegator delegates to, the more updates needed=more gas used (2/4).

So, what if you want to delegate to more addresses..? that's where EXPLICIT delegation comes in. If you explicitly delegate tokens, you set the EXACT amount to be delegated, but this balance is locked🔒. To transfer these tokens again, you must explicitly undelegate them... (3/4)

Read 6 tweets

Cast your minds back to the end of 2020.

People panicking because "no exchanges are going to support the #FlareNetwork" airdrop.

Fast forward to the snapshot. Exchanges announce support for the biggest airdrop / simultaneous listing of an asset in crypto history.

🧵[THREAD]

Less than 48 hours have passed since the announcement of Songbird, the canary network for Flare which will hold real value.

The exchanges may not have know about it a few days ago, but you can bet they do now.

Have patience, cool your jets...

I would just like to add.

Exchanges are financially driven, they want to serve their customers / community in the best possible way and get paid to do so.

If users have a particular interest in an asset, or the demand is high enough, exchanges will listen.

That is all.

@FlareNetworks

🙏AMAZING NEWS!❤️

4 reasons to be happy about @FlareNetworks latest announcement regarding the Songbird Canary Network!

🧵[THREAD]

1.

If you're eligible to receive $FLR, you're eligible to receive $SGB, the native token of the Songbird Canary Network.

Yes this will have value, it has a finite supple and will be used on a functional network which imitates the #FlareNetwork

2.

You can dip your feet into #DeFi and use applications built on top of Songbird to not only increase your understanding, but also earn.

You can become familiar with the various protocols ahead of the launch of the #FlareNetwork too... Level up that knowledge!

Read 6 tweets

@FlareNetworks

I hear this so often..

"WhErE's My FlArE? It'S JuLy!"🤪

@FlareNetworks latest *** 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞 *** says end of June ± 2-4 weeks. That means from the start of June, to the end of July.

🧵[THREAD] 1/

https://twitter.com/FlareNetworks/status/1383191399923916800

Since June has obviously passed, the #FlareNetwork will not launch in June.

Based on their *** 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞 *** (made back in April) the #FlareNetwork *** 𝐜𝐨𝐮𝐥𝐝 *** launch in July.

But this is only an *** 𝐞𝐬𝐭𝐢𝐦𝐚𝐭𝐞 ***.

2/

If you are unsure of the definition of the word "estimate" you can find it here:

dictionary.com/browse/estimate

The #FlareNetwork will launch once it is ready and not a moment before.

3/

Read 6 tweets