Cofounder of @flarenetworks.
Dubai, United Arab Emirates
- Tweets 8,797
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- Followers 127,001
- Likes 8,367
Well that was quick. The first increment of RLUSD has been completely absorbed.
More will be allocated.
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People will always come for my neck. As Winston Churchill said, “Some chicken! Some neck!”
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There are just so many of these. We are fighting relentlessly to get them taken down. Please double check all links you follow.
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I just minted FXRP directly to Flare from @krakenfx @krakenpro
Have you?
It was super simple. Give it a go!
Buy a tag on any of the FXRP minting apps and follow the very simple instructions.
You can do this from any exchange that supports XRP.
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Incorrect. All the greyed out lines aren’t counted as TVL. Liquid staked FLR isn’t counted - not even bridged XRP deposited in a DeFi coverage protocol, “Firelight”, is counted as TVL (though it definitely should be).
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Cardano launched in 2017.
Flare launched 6 years after.
Ever since Cardano has been trying and miserably failing to copy our strategy. (Im personally looking forward to them getting into TEEs 😂😂😂)
Cardano has far lower stats across the board in DeFi than Flare despite having a massive headstart and at least at some point a vast treasury.
Cardano will not win BTC.
Flare will win by creating the unified DeFi layer for FXRP, FBTC, FXLM, RWAs, Stables and the rest.
🚀 HOLY SHIT YOU NEED TO SEE THIS RIGHT NOW
Charles Hoskinson & the guy who looks like he’s been slamming Adderall for 72 hours straight just went FULL SEND Mode
They are explaining how they’re making #BITCOIN PROGRAMMABLE ON #CARDANO Smart contracts.
DeFi. Yield. The whole damn thing.
BTC is about to stop being “digital gold” and start printing like an Ethereum killer… on ADA rails.
This conversation is straight nuclear. $ADA
You watching this or still sleeping on Cardano? #Cardano #Bitcoin #BTCDeFi #ThisIsTheMerge
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Someone needs less obvious XLS66 shill bots.
With regard to XLS66 I believe it is of value to the XRP ledger, I’m less certain it is directly of use to XRP holders.
If the right lending risk metrics can be applied, XLS66 is pretty interesting but from the perspective of XRP as an asset and putting aside the risks of un collateralised lending, it is fundamentally different to what applications like Morpho are doing.
XLS66 in short allows you to deposit an asset into a vault and through an intermediary for someone else to borrow that asset in return for paying an interest rate.
This is great for stablecoins and potentially certain RWAs but for you the XRP holder to benefit on your XRP from XLS66 there has to be demand to borrow XRP. As XRP (or any other volatile crypto currency) is not broadly used as a payment currency, demand to borrow XRP is actually relatively small.
Instead, what protocols like Morpho let you do is to provide your XRP as collateral against which other assets like stables can be borrowed. This model provides direct value to you as an XRP holder by letting you continue to hold your XRP and borrow against it.
Where I think XRP can be utilised well in XL66 is in providing first loss insurance to stable coin vaults to reduce the costs of default.
Separately I think Flare’s Confidential Compute can be used to allow for private lending through XLS66 whilst retaining high quality risk management.
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So many ways to use your XRP on Flare.
This is what I mean by end to end ecosystem.
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FXRP supply is increasing markedly. The markets are weak but on Flare the utility is real.
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Thank you @RayFuentesIO for hosting the XRPMeetup at Swell NYC. It was fantastic to meet the community.
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Just did a very in depth interview for the Korean community ahead of KBW with @tokenpostkr @tokenpost
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Well the cap has been reached. Remember that the cap exists to limit risk because it is a new protocol. On both Songbird and more importantly Flare it will increase over time.
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Flare里程碑时刻！ 首推中国访港旅客的去中心化KYC身份
此项创新计画:
• 允许用户在受监管的稳定币应用程式上进行匿名注册。
• 促进使用合规稳定币购买代币化金融产品
Flare 将释放更多经济潜力☀️
blocktempo.com/flare-breaks-…
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Flare is a 3rd Generation chain. Back in the day if you wanted to take part in a lottery on Bitcoin you sent your tokens to someone and they announced the winner. 100% trusted system.
Today if you are on any chain other than Flare, you hope that some external system (all of which have shaky security guarantees) gives you an accurate price or item of data.
Gen2 chains like Ethereum and Solana remove the need to trust an outside party to make complex transactions by incorporating virtual machines.
Flare goes a leap further and brings data provision on chain, secured by the chain, removing trust throughout the whole stack.
Thats why we call Flare the only 3rd Generation chain.
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I was on @Web3TV_ earlier today. AI Tokens Surge & NFT Mega Deals | Crypto TV piped.video/1qzF1sGHoTM?si=Ef42…
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Hungry? As a commemoration of adding FLR to their staking service @sbivc_official are running a lottery for 29 people to win 10,000¥ of steak!
お腹がすいた？ @sbivc_official のステーキングサービスへの FLR 追加を記念して、抽選で 29 名様にステーキ 10,000 円が当たるキャンペーンを実施中です！
／
【ステーキング銘柄数国内最多記念】
焼肉王（ステーキ・キング）キャンペーン👑
＼
抽選で29名様に1万円相当のお肉のカタログギフトが当たる🎁
sbivc.co.jp/newsview/staking…
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2. "It is very possible to build things within the crypto ecosystem that do not follow these values."
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In a break from regular scheduling, this is truly insane. Clearly either the NHS gets fully or partially privatised or they will run out of doctors. (There isn’t an option where they pay NHS staff market wage as the U.K. simply can’t afford it.)
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