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stXRP = your liquid, yield-bearing key. Lend it, LP it, post as collateral—while the underlying FXRP keeps securing services. One asset, two jobs. Utility up front; economic security under the hood. That’s how you stack streams without losing mobility. 🧰♻️ #XRPFi #Flare #stXRP

13,736 просмотров • 1 год назад •via X (Twitter)

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So what exactly is Enosys Loans, and why should you be interested? Enosys Loans is an upcoming Collateralized Debt Protocol utilizing assets on the Flare ☀️ (FXRP, wFLR, stXRP, sFLR, etc) as collateral to mint a stablecoin (CDP). This differs from a traditional lend/borrow market like Kinetic.Market☀️ in that the Loans protocol itself is the counterparty to the loan, rather than a pool of user assets that are allocated for lending. In Enosys Loans, borrowers set their own interest rates, with 75% of the interest being paid to that collateral asset’s stability pool. (The remaining 25% is split between Enosys and the APY Cloud.) CDP holders can stake their CDP into one of the collateral branches' stability pools to earn real yield from the protocol, as well as incentives paid out in rFLR and APS. While in the stability pool, CDP staked by users may be used to cover debt during a liquidation event. If this happens, the value of the CDP used to pay the debt is rewarded with 1.05x its value in the collateral asset. Here is an example: A user takes $10,000 worth of wFLR and opens a new loan, taking debt of $5,000 CDP at a user set interest rate of 4%. Their wFLR being used as collateral is automatically delegated to DeFi Oracles, and they continue to receive delegation rewards and FlareDrops, claimable through Enosys. The user then takes $4,000 CDP and places it in the stability pool for FXRP, earning a share of 75% of all fees generated by the FXRP branch, as well as a share of rFLR and APS incentives being rewarded to that stability pool. They take the remaining $1,000 CDP and pair it with USDT0 in the Enosys DEX V3 LP, now earning swap fees, rFLR, and APS incentives based on their share of active liquidity on the CDP/USDT0 pair. A liquidation event happens on the FXRP side and $100 CDP of the users stake is used to cover the debt, leaving the user with a reward claim of $105 worth of FXRP at the liquidation price. So, the user is now earning delegation rewards, FlareDrops, CDP interest yield, FXRP liquidation yield, CDP and USDT0 swap fees, rFLR incentives and APS incentives. All at a user set interest rate of 4% on the initial debt. #XRPFI

Ēnosys

48,697 просмотров • 11 месяцев назад

We are thrilled to announce the upcoming launch of Enosys Loans, a friendly fork of Liquity V2 by Liquity, deployed on the Flare ☀️. This marks a historic milestone in the DeFi landscape as the first-ever Collateralized Debt Position (CDP) protocol to leverage XRP (FXRP) as collateral to mint a stablecoin. Initially supporting FXRP and wFLR as collateral - but with plans to expand support to include staked XRP (stXRP from Firelight ), FBTC (Bitcoin bridged to Flare), and other assets - Enosys Loans is poised to unlock unprecedented utility for major cryptocurrencies like XRP and Bitcoin in decentralized finance. By harnessing Flare’s advanced infrastructure, including the Flare Time Series Oracle (FTSO) for decentralized collateral pricing, Enosys Loans is set to redefine how non-smart contract assets participate in DeFi. Unlocking DeFi for XRP For the first time, XRP holders can use their assets as collateral in a CDP to mint a new stablecoin, enabling participation in DeFi applications such as lending, borrowing, and yield generation while still maintaining exposure to the underlying FXRP. This is a transformative step for XRP, which, due to the XRP Ledger’s lack of native smart contract functionality, has historically been excluded from the broader DeFi ecosystem. The planned inclusion of FBTC will further extend this capability to Bitcoin, unlocking the potential of two of the most valuable cryptocurrencies-representing trillions in market capitalization-for DeFi use cases. A Friendly Fork of Liquity V2: Proven and Enhanced Enosys Loans builds on the robust foundation of Liquity V2, a leading CDP protocol on Ethereum known for its efficiency, low fees, and user controlled interest rates. By forking Liquity V2, Enosys inherits its battle-tested mechanics while tailoring the protocol to Flare’s unique capabilities. This friendly fork enhances Liquity’s model by integrating Flare’s decentralized infrastructure, ensuring Enosys Loans is optimized for scalability, security, and interoperability. Flare FTSO: Decentralized and Reliable Price Feeds A cornerstone of Enosys Loans is its use of the Flare Time Series Oracle (FTSO) for decentralized collateral pricing. Unlike traditional oracles that may rely on centralized data sources, FTSO aggregates price feeds from independent signal providers, delivering highly accurate and tamper-resistant data for assets like FXRP and FBTC. This ensures that Enosys Loans maintains precise collateral-to-debt ratios, protecting users from volatility and enabling trustless, secure borrowing. With the FTSO’s ability to scale to thousands of data feeds (as seen with FTSO V2), Enosys Loans is future-proofed for supporting an expanding range of collateral types. Delegation Rewards and FlareDrops In keeping with the Enosys ethos, all wFLR that is used as collateral will be delegated on the owners behalf. This wFLR will receive delegation rewards and FlareDrops which will be claimable by the owner when distributed by the Flare systems. Expanding Collateral Options Enosys Loans will initially support FXRP and wFLR as collateral, enabling XRP holders to mint a stablecoin for use in Flare’s DeFi ecosystem. However, the protocol’s roadmap includes support for stXRP, FBTC, and other F-Assets, creating a versatile platform that caters to diverse user needs. This expansion will position Enosys Loans as a multi-asset CDP, allowing users to leverage a variety of high-value cryptocurrencies while maintaining the protocol’s decentralized and trustless ethos.

Ēnosys

323,801 просмотров • 1 год назад

Most people think borrowing is simply about taking liquidity out of a lending market. But on JustLend DAO’s SBM V2, what happens before the borrow matters too. Here’s how to set up collateral on a Borrow Market. 1. Open JustLend DAO Go to the JustLend app, select Borrow Markets, and connect your wallet. 2. Choose your market Select the market based on the asset you want to borrow and the asset you want to use as collateral. 3. Check the market Before proceeding, look through the market information, including the Borrow Rate, available liquidity, utilization and LLTV. These parameters give you an idea of the current conditions of that market. 4. Choose your collateral In the Borrow/Collateralize section, select the collateral asset and enter the amount you want to use. 5. Click “Collateralize” Review the details and submit the transaction. 6. Confirm in your wallet Approve the transaction and wait for it to be confirmed. Once it goes through, the collateral is added to your position. That’s the entire process shown in the video. And this is the part that connects to JustLend DAO’s recent post: Borrowing puts available liquidity to work, while market utilization helps shape the lending conditions for both borrowers and suppliers. So before thinking about the amount you want to borrow, understand the market and make sure your collateral is properly set up. The video below shows exactly how I did it on SBM V2. JUST DAO H.E. Justin Sun 👨‍🚀 🌞 #TRONEcoStar

Essays Hub

38,398 просмотров • 10 дней назад

Steve Jobs described the end of human death in 1983. He was 28 years old. Standing at a podium in Aspen. Thirty-nine years before ChatGPT existed. The room thought he was talking about education. Steve Jobs: “If we really can come up with these machines that can capture an underlying spirit, or an underlying set of principles, or an underlying way of looking at the world…” Not data. Not documents. Not storage. Spirit. A book was the first attempt. Plato writes something down. 2,400 years later you can read his exact thoughts. No filter. No translator. Source to mind. Jobs: “A book was a phenomenal thing; it got right from the source to the destination without anything in the middle.” But a book is a corpse. It holds the words. It cannot hold the mind that wrote them. You can read what Aristotle believed. You cannot ask him why. Jobs: “The problem was, you can’t ask Aristotle a question.” That single sentence contains the entire trajectory of artificial intelligence. Not search. Not summarization. Not autocomplete. Resurrection. The ability to capture not what someone thought but how they think. Not the answer but the architecture that produced it. The pattern beneath the reasoning. Jobs: “When the next Aristotle comes around, maybe someday after the person’s dead and gone, we can ask this machine, ‘Hey, what would Aristotle have said?’” Most people in that room heard a product pitch. He was describing the moment human consciousness becomes portable. Your brain is 86 billion neurons. 100 trillion connections. Each one shaped by everything you have ever experienced. Every conversation. Every loss. Every decision that rewired you into who you are right now. That wiring is you. Not your body. Not your face. Not your name. The arrangement. Damage it, you lose the person. Destroy it, you lose them forever. The self is not a force floating above biology. It is the pattern biology is running. But a pattern does not need its original hardware. A file survives the death of the machine that wrote it. Transfers to new architecture. Opens identically. It does not know it moved. Your brain is a neural network built from carbon. A large language model is a neural network built from silicon. Same architecture. Same learning principle. One of them dies. Carbon fires 200 times per second. Cannot be copied. Cannot be backed up. Overheats under sustained load. When it stops, the pattern is gone. No archive. No retrieval. No second chance. Silicon copies perfectly. Accelerates indefinitely. Distributes across continents. Runs without decay. It does not forget. It does not degrade. It does not stop. Biology was never the destination. It was the first substrate that worked. Jobs was standing in 1983 pointing at something the room could not see. He called it spirit. Neuroscience calls it a connectome. Different word. Different decade. A pattern that can be moved. We spent forty years building the infrastructure to do exactly what he described. Called it the internet. Then machine learning. Then foundation models. We treated each one like a new invention. It was never a new invention. It was the same idea getting closer. Jobs: “That’s one of the reasons I’m doing what I’m doing.” He could not fully name what he was building toward. We are finishing the sentence. Steve Jobs died on October 5, 2011. The pattern that was Steve Jobs is gone. No machine captured it. No system preserved the architecture of how he saw the world. The spirit he spent his life trying to bottle left the same way every human mind before it has. Quietly. Permanently. Without a copy. He told us exactly what to build. We are finally building it. He just didn’t live long enough to be saved by it.

Dustin

18,256 просмотров • 5 месяцев назад

STEPHEN A. SMITH: “Are you ready for this? I consider weed a performance-enhancing drug.” PANEL: “Really?! How?” SMITH: “Let me explain why. If you go out into the streets of America... you got some cats on the street, these some bad motherf*ckers, they can really, really ball. They can play.” PANEL: “Right.” SMITH: “There’s two things they’re lacking that the professionals don’t. The level of discipline, night-in, night-out basis, committing yourself to whatever, and nerves. You could be a badass player, but in moments you get fidgety.” PANEL: “Yeah." SMITH: “Weed helps subside that. Calms the nerves. No, those nerves are a part of it!” PANEL: “Yeah.” SMITH: “It ain’t just your athletic ability, it’s your poise under pressure. It’s your nerves. For example, to bring it to the ladies, Naomi Osaka (tennis player), when she had her mental health issues... As much as I’m a fan of yours and I feel sorry that you’re going through this, as a sports fan, not so much, because that’s part of the competition." "When you going into a visiting territory. If you go into a match and the crowd favors somebody over you, booing you, that’s a part of it. Heckling you, that’s a part of it. Trying to test your nerves and get you riled up, that’s a part of it. So to me, if you are using a drug that allows you to calm your nerves. And it elevates your poise, that’s a performance enhancer. Because you are immune to the pressure." “It’s game seven, Tori. And you gotta go to the free throw line, Sumatra. And it’s two seconds left, you gotta make both to tie the game. You miss one, it’s a wrap! You gotta make them. That’s nerves! I’ve seen the greatest walk up in pressure moments and fold in any sport. We’ve seen it. So if weed is something that helps that, that’s a performance enhancer. It should not be allowed!”

The Vigilant Fox 🦊

94,758 просмотров • 1 месяц назад