1/ I did some calculations of the potential price of the based on its utility and how it works with .

A thread:

#XRPCommunity #XRP #Flare #FlareNetworks #Ripple #XRPthestandard #crypto

A thread:

#XRPCommunity #XRP #Flare #FlareNetworks #Ripple #XRPthestandard #crypto

2/ Spark needs to be used as collateral to make . According to the whitepaper, there needs to be 2.5 for every 1 FXRP. Given that FXRP is the same price as , the price of Spark needs to be at least 2.5x the amount of XRP used in smart contracts.

3/ Examples:

If 10% of the 45 Billion supply is used for smart contracts, that's 4.5B XRP locked up. If XRP is $1 (for easy calculations) then you'd need $11.25B worth of spark (in ) to collateralize that much .

If 10% of the 45 Billion supply is used for smart contracts, that's 4.5B XRP locked up. If XRP is $1 (for easy calculations) then you'd need $11.25B worth of spark (in ) to collateralize that much .