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Mickey_B_Fresh☀️🪝

@MrFreshTime62,944 subscribers

☀️DeFi Researcher/Knowledge Guide:XRP,SGB,FLR community https://t.co/mafCKNAgQr Patreon: https://t.co/A0F3YkAOvW https://t.co/Uqv98uYqsX

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📣 XRP Community – 50M+ XRP already flipped into stXRP on Firelight. The shift has begun 🛫 🚀 This is how we turn dormant XRP bags PRODUCTIVE: ✅ XRP bridges trustlessly->FXRP on Flare (mirror XRP 1:1) 🌉 ✅ FXRP->staked in Firelight Vaults→receive stXRP (LST)🔥 ✅ stXRP becomes PRODUCTIVE CAPITAL as COLLATERAL for securing DeFi Cover & earning REAL YIELD 💰 (Phase 2) ☀️The Flare network is the ONLY dedicated ecosystem meticulously designed with $XRP utility as COLLATERAL that can meaningfully scale. Firelight unlocks dormant value and utility from idle $XRP while you keep full custody and deploy it for the economic security of services. This provides #XRP with a critical TOKEN SINK which it has desperately lacked since its creation. (In an upcoming X thread and video we will explain why “PASS THROUGH VALUE” as a bridge asset is NOT a significant value driver on its own. One of the Biggest misconceptions in the #XRPCommunity) 😴 Dormant $XRP is waking the hell up — The Giant 💪 is AWAKENED finally, with its most powerful utility ever: securing real Institutional Capital flows into Blue Chip DeFi Protocols and Vaults as COLLATERAL in Firelight’s novel groundbreaking insurance protocol “DeFi COVER.” ⭐️ In Phase 2 this will generate a superior, low-risk, sustainable, scalable and reliable YIELD for retail and institutional XRP holders — paid for by institutions, crypto exchange earn programs, neo-banks embedded into VAULT Infrastructure, Risk Curators, and even some of the big Blue Chip DeFi protocols.** 💥XRP is no longer just bridging value, it’s securing value and it’s earning value! 🤑 🤔Who's activating their $XRP bags in Firelight? 👇 Firelight Points are a bigger deal than the majority realize in the #XRPCommunity 🤫 $XFI 🪙 #XRP #Flare #XRPFi #stXRP #FXRP #Firelight Sentora

Mickey_B_Fresh☀️🪝

13,668 Aufrufe • vor 3 Monaten

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Fantastic post DansBlock they both being complementary. I find it very interesting your suggestion to borrow against $LS-XRP for $FXRP because in this very recent interview with Flare ☀️ Flare’s Head of Ecosystem, Max, he mentions $FXRP can be staked on #FlareNetwork in the Liquid Re-Staking protocol to earn Fees from AVS and ALSO receive another token representing the Staked $FXRP. It seems like there’s some enhancement to f-asset collateral system, too! Making it more capital efficient. It’s looking like there’s some integrations with FAsset system and the ability for native XRP staking on XRPL and user receives a LS-XRP 1:1 to XRP in Flare DeFi Dapp ecosystem to earn yield while since earning the Fees from original deposited XRP staked on XRPL from AVS services. But then there’s the FXRP staking on Flare, too And the icing on the cake is that we will soon have our own AI Agents acting on our behalf to execute different DeFi strategies based on our defined set of parameters enforced by a smart contract. And the PMW TEE’s, Verifiable off-chain compute and Relayer service relaying FTSO prices , Web2 or other platforms blockchain State Data to Dapps on other Networks. This all is elevating Flare with super powers that no other chain or anyone can replicate opening Flare to be a DeFi Hub amongst many Chains. It’s so important everyone understands that we are coming to the end of the 36 Month Distribution phase and the launch of Flare’s Data Protocols full capabilities Very exciting times ahead for Flare ☀️ Extending the capabilities with TEE’s for verifiable compute and protocol managed wallets is a HUGE DEAL and for people who complain about where is FAssets? It’s coming but by Flare enhancement of data protocols and the new extensions will ultimately far outweigh weigh the couple months longer we waited for FAssets. Get familiar DYOR These are highly advanced protocols that are being engineered for the benefit of all FLR token owners as it will inevitably lead to significant advantages for Flare Network to become a Utility Hub for other Chains. I’m very impressed with these enhancements, Thanks 🙏 DansBlock

Mickey_B_Fresh☀️🪝

12,435 Aufrufe • vor 1 Jahr

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