/biz/ - Business & Finance

>>53177471
Yes, if FIP.01 passes.

I'm voting yes and buying more after the initial dump, as you get more out of delegation with significantly less inflation due to other aspects of FIP.01, otherwise FLR will likely do an Icy Pee with XRP phillipinos doomping every month and inflation being too high.

According to https://flare.network/fip01/
For PoS, the industry average is 48.08% staked. Considering FLRs delegation mechanism and high APY, I expect this to be much higher. If this number is correct, the circulating supply would be 2.02b FLR or an unlocked MCAP of 1.028b at current prices which only makes it a top 40 coin.

I think 50c is dirt cheap and will most likely moon if FIP.01 is approved after the initial dumping.