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 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...

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. 👇🧵 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%

I wonder, when the world is fully running on the #XRPL, certain entities will have control of off ramps or transaction points. If you don’t pay your taxes or have a warrant or whatever the causation for sanctions. They can’t control our addresses, but they’ll control the... 1/4 Points we interact with it among society.
Essentially this freezes your funds because it puts a barrier up around societal payments that you can’t penetrate.
Thus, logically, there will have to be black markets for off ramping or getting to another wallet or currency.