Wanted to compile a comprehensive 🧵on $FLR @FlareNetworks with the FIP01 voting almost clear & FTSO Rewards active on the Flare Network. Let's cover
- FIP01 Results
- FTSO Rewards APR Calculation
- DEX on FLR
- Tokens on FLR
- Expectations
Let's dig in🧵(1/15) (2/15)
FIP01 Results - At the time, almost 94% of the Votes are in favour of it passing.
portal.flare.network/voting
732.8 Million Voted
690 Million - Yes (94%)
42.8 Million - No
Voting is from 20th Jan to 27th Jan
Still safe to say - the voting is going to pass with a clear majority

There is an ongoing FUD attack on ETH with the liquid staking token stETH being compared to the LUNA vs UST scenario & has been the latest story in Crypto for the last 2-3 days. I will try and make a short video later. But here is a small explanation thread 🧵 (1/13) Before we look at stETH, in blockchain there is PoW (Proof Of Work) & PoS (Proof Of Stake) To run blockchain on PoW (Like bitcoin) it needs a lot of computing power & electricity

PoS doesn't need consume as much & has been proven to be a good node alternative e.g. Cronos (2/13)

Just received this alert. Despite audits , despite Binance incubation, despite research - this seems to be happening somehow. Will share more if I know . But please watch your investment. I have also invested in @CopycatFinance & can see the sudden price drop

https://twitter.com/certikalert/status/1498731987892412426

What to do now. Follow @CertiKCommunity & @CertiKAlert for more updates.
Also trying to follow bscscan to understand more. $COPYCAT was audited by multiple groups & incubation with Binance. So a bit shocking. CERT team from Certik are in contact with Binance as per their update.

Identifying opportunity early & joining in gives you the early adopter advantage.
$BABY was 2$ today morning I said it could go either way. It is now 2.85$ after the game launch.
But that's not the main story.
Here is a thread on rewards from the Play2Earn game today. (1/5)

https://twitter.com/chennai2london/status/1467407017602129922

In the game you Mint NFT playable characters.
Each character has qualities. You are allowed to Mint up to 5 each day. Each Character is 50 $BABY (approx 100$ today morning)
You can then "play" with your character which is putting them in a working area basically. (2/5)

(1/6)Yet another crypto crash. I have repeatedly talked about these scenarios in my Episodes.

Important to remember now
1. Don’t panic
2. Don’t believe in FUD
3. Stay calm

In future
3. Realize profits
4. Maintain liquidity
5. Keep a portion in stablecoins

#IndiaWantsCrypto (2/6)
Why this crash today?
Again a number of reasons

News channels spreading FUD in India again for e.g

First they said total ban.
This week it was ruled out by the FM. So what’s the next rumour?

Ban non custodial wallets is the news.
Again unconfirmed at the moment….