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Mickey_B_Fresh☀️🪝

@MrFreshTime62,896 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☀️🪝

13,686 views • 4 months ago

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📣🤔Why Flare ☀️ announcement of tailored DeFi Money Market for #Flare native assets & #FAssets is significant? #FAsset decentralized trustless cross chain collateral system will have a tailored built for #Flare Lending and Borrowing market alongside it on #Flarenetwork 🛡️A battle tested Money Market protocol is a key foundational 🏗️cornerstone to support a robust DeFi ecosystem on #Flarenetwork Kinetic.Market☀️ is tailor built ⚒️ for Flare ☀️ ecosystem. Integrating #FAssets will provide minters ability to earn real Yield🤑with their #FAssets by lending them to Kinetic.Market☀️ decentralized money market protocol. (Based off Compound contracts with numerous enhancements) #FAsset lenders will receive interest paid by borrowers in a decentralized manner. #FAssets/#Layercake Assets & #Flare native issued ERC20 tokens +stablecoins + $wFLR will likely all be available for lending into & borrowing from the protocol Borrowers will need to maintain an over-collateralize position for their loans. Kinetic.Market☀️ is Built by the highly experienced team at Rome Blockchain Labs Inc. Labs who has built numerous successful DeFi protocols including BENQI🔺 on #Avalanche which launched in 2021 and currently has $500Mill in TVL(Total Value Locked) Along with other versions of lending protocols on Evmos, Moonbeam and more. These smart contracts are based Compound Labs and have been enhanced, battle tested, multi audited and tailor suited to each individual ecosystem. Kinetic on Flare will harness FTSO and state connector. “Kinetic’s collaboration with Rome Blockchain Labs provides the robust technological infrastructure essential for seamless operations, while WATCHPUG and @ImmunefiSecCU which will oversee the platform’s smart contract audits and bug bounty programs, respectively.” Testing will begin on Coston2 and launch on Flare ☀️ 2024 👉I will be releasing a video📽️ 6am EST that breaks it all down and includes some additional insights of what else to expect from #Kenetics impact on #FAsset system and partnership with Ēnosys , too! Revolutionary native token reward and incentive system🤑 Will we 👀 Rome Blockchain Labs Inc. Labs super cool next gen Dapp Terminal Hopefully integrated into Flare ☀️ in the future😉 2 specific things that are tell tale signs of how DeFi is maturing. I noticed in my research, the emphasize on the detailed data available from IntoTheBlock & #ChaosLabs of ECONOMIC “Risk Management” tools for previous Lending & Borrowing Protocols built by Rome Blockchain Labs Inc. 🔗👇Economic Risk Radar 👇🔗 BENQI🔺 Rome Blockchain Labs Inc. Labs 🧐 The 2nd being Kinetic.Market☀️ numerous mentions of “devising a strategy” something I have been saying for past two years once the 2nd wave of a more mature DeFi ecosystem develops and built on foundation that’s been designed on a network like Flare ☀️ that offers multiple native yield streams at the network layer. #XRPL xls30d AMM’s will bring some of that ability to native #XRP but not at the level #Flare will once #FAsset system and #Layercake are live. Harnessing #Flarenetwork FTSO price feeds, the industries most decentralized & accurate Oracle system. The fact that #Flare has this system built into the network natively with close to ~100 community and professional Data/Infrastructure providers providing continuous price feeds removes the MAJOR RISK of having to integrate an external centralized oracle system like every other lending & borrowing protocol does on other networks. Having the FTSO system embedded natively into #Flare allows for any DeFi Dapp to easily integrate FTSO price feeds directly into Dapps avoiding complex external oracle integrations Exciting times ahead for Flare ☀️ with Kinetic.Market☀️ tailor built money market alongside #Fasset System will offer numerous opportunities for users pand Devs to build 🏗️Dapps on top of 🚀🚀 🔗 📽️Sneak Peak👇#1

Mickey_B_Fresh☀️🪝

51,371 views • 2 years ago

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