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Flare ☀️ Profile picture
@FlareNetworks
Jun 11 • 3 tweets • 1 min read • Read on X
NASDAQ-listed @Vivo_Power is deploying $100M in XRP on @FlareNetworks

Ripple & XRP Ledger built the enterprise-grade foundation, Flare now adds the DeFi layer: FAssets, Firelight & compliant yield.

Earn yield → More XRP treasury → Redeploy

Institutional XRP hits DeFi #XRPFi Image
Read the full announcement:

flare.network/news/vivopower…
Disclaimer: This communication is not intended for, and should not be acted upon by, any person in the United Kingdom. The information contained herein does not constitute a financial promotion under the Financial Services and Markets Act 2000 (FSMA) and is not directed at or intended for distribution to any person in the UK. If you are located in the UK, please disregard this message.

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More from @FlareNetworks

Flare ☀️ Profile picture
Dec 18, 2024
Exciting news for the #Songbird community🐦

The FAssets launch is bringing two types of incentives:

• DEX pool incentives targeting 30 - 70% APR
• $260K retroactive airdrop of rFLR

Here's how to start 🧵 Image
You can find the full version in this blog:

But if you'd like a TL;DR, keep scrolling...flare.network/incentives-for…
1️⃣ DEX Pool Incentives

DEX pool incentives in $SGB will be provided by @Flare_Labs on @enosys_global and @blazeswapdex.

📊 Incentivized Pairs & APR Targets below.

The highlighted pairs are already live! Image
Read 5 tweets
Flare ☀️ Profile picture
Jul 30, 2024
We’re thrilled to announce the launch of the FLR Protocol Emissions program.

It officially kicks off #FLRfiSummer ☀️

Here’s everything you need to know 🧵 Image
1/ 🗳️ Community approval: FIP.09

On June 28, 2024, Flare initiated voting for FIP.09, introducing the FLR Protocol Emissions program with a total budget of 510 million FLR tokens.

FIP.09 has been approved with overwhelming support. (1,176,092,379 votes for).
2/ 📊 How it works:

The Emissions Committee allocates incentives to dapps for their pools/vaults, aiming to boost liquidity on Flare.

Users earn rewards by participating in dapps with incentivized pools/vaults.
Read 6 tweets
Flare ☀️ Profile picture
Jan 16, 2024
🤝 @GoogleCloud joins Flare as an infrastructure provider.

This is not just any partnership – Google Cloud is now our validator and also a contributor for the Flare Time Series Oracle (FTSO).

This is groundbreaking. 🧵
1/ #GoogleCloud is a validator for several blockchains.

This means it plays a vital role in proposing and validating new blocks, ensuring the security and integrity of the networks.

But for @FlareNetworks, it doesn’t stop here. 🔥
2/ Google Cloud will also be a data provider for the FTSO: this is new. ☀️

It will retrieve data from external sources & supply it to the FTSO system, providing decentralized & accurate data feeds for smart contracts on Flare.

Why is this important for the future of #web3?
Read 6 tweets
Flare ☀️ Profile picture
Dec 29, 2023
Vitalik reminds us of the key blockchain values we should uphold.

Why are these also critical for data protocols used on chain? 🧵
1/ "It is very possible to build things within the crypto ecosystem that do not follow these values." @VitalikButerin Image
2/ Here's an example of what Vitalik means:

We want diverse ecosystems, but secure communication is hard.

Sadly, the industry opts for centralization. Scaling, bridges & oracles often sacrifice trustlessness to reduce friction, not learning the hard lessons of Web2.
Read 15 tweets
Flare ☀️ Profile picture
May 17, 2023
#Flare is fortunate to have a strong ecosystem of partners and collaborators. In this thread, we'll introduce a number of different wallets which offer support for FLR and describe the functionality they offer.🧵
💫@BifrostWallet supports self-custody of both FLR and SGB tokens, and allows native wrapping, delegating, and reward claiming on both #Flare and #Songbird.
👛@iSafePal also supports self-custody of both FLR and SGB tokens, but only allows native wrapping, delegating, and reward claiming on #Flare.
Read 13 tweets
Flare ☀️ Profile picture
Mar 24, 2023
Wrap-delegate-claim-repeat 🔁

With the first FlareDrop complete, and the next not until April 16th, now is a good time for #Flare holders to remind themselves exactly how the process works and the steps to take: flare.network/flaredrop-guid…
1/4
To be eligible for a portion of each monthly FlareDrop, a wallet must be holding wrapped FLR tokens (WFLR). To maximize the compounding effect, FTSO delegation rewards and tokens received from each monthly FlareDrop can also be wrapped.
2/4
In every 30 day FlareDrop cycle, the average WFLR holdings of a wallet are calculated from 3 random blocks selected during the final 23 days. The calculation period for FlareDrop.02 commences on March 25th and lasts until tokens can be claimed on April 16th.
3/4
Read 4 tweets

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