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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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53204952 No.53204952 [Reply] [Original]

Previous: >>53179615

Buy XRP on Uphold/CoinMetro/Bitrue/Kucoin[NY]
[for Bitrue send USDT or XLM and use XLM/XRP]
or on the XRP ledger https://xrptoolkit.com/trade
or on XUMM app (with USD IOUs from Bitstamp)

>Why Do I Hold XRP?
https://youtu.be/XHr6BTGmTnA
>Newfag Tutorial:
https://youtu.be/23Yn5GdYpJc
>XRP $2,000+ EOY:
https://youtu.be/dQw4w9WgXcQ
>SEC Lawsuit Latest:
https://youtube.com/c/LegalBriefs/videos

>Flare Networks (FLR) Overview:
https://youtu.be/XHr6BTGmTnA
>Bitrue vs Poloniex FLR:
https://youtu.be/dQw4w9WgXcQ
>Flare vs Ethereum:
https://youtu.be/rNwNRBbsEtw
>Flare Finance (YFLR) Intro:
https://youtu.be/_mto6QcUqZU
>Flare Finance FAQ:
https://youtu.be/XHr6BTGmTnA
>Flare Finance Wiki:
https://everipedia.org/wiki/lang_en/flare-finance

>XRPL’s CMC:
https://xrptrader.net
>XRP Ledger:
https://dex.xrplapps.com
>XRP Charts:
https://xrpcharts.ripple.com
>XSG Frenlist:
https://rich-list.info/

>Insiders/UHNWI/Mellon/Lore:
https://pastebin.com/Z39w20qf

>Memesmiths:
https://pastebin.com/2hdYtXVY

>Twitter:
https://twitter.com/JoelKatz
https://twitter.com/PolySignInc
https://twitter.com/FlareNetworks
https://twitter.com/FlareFinance
https://twitter.com/CommunityFlare
https://twitter.com/bearableguy123

>The Myth of Market Cap:
http://galgitron.net/Post/The-Myth-of-Market-Cap---Version-2
>XRP FUD BINGO:
https://fudbingo.com
>ANTI-FUD:
https://pastebin.com/ZESsmqB8

>PLAYLIST:
https://youtube.com/XRPCHIZ/playlists

>Past /XSG/ Threads:
https://pastebin.com/pZdQbREq
https://pastebin.com/1wC2gBpW

>What wallet do I use?
Hot storage - XUMM, Exodus or TrustWallet
Cold storage - Paper/Metal or Ledger/D’CENT
Paper Wallet - https://pastebin.com/zFL8nJXd
DO NOT use Droplet wallet, it's a scam! and will steal your XRP

>> No.53204962

GUYS GUYS GUYS

>> No.53204966

>>53204937

Yes but that's the thing
It's only selling from one exchange
Won't it dump even more once other exchanges start listing it?
And ironically, with the awesome power of ftso, the low low price will be aligned across all of them?

>> No.53204975

Ripple XRP WE JUST GOT CONFIRMED IT IS TRULY TIME LET THE EVENTS HAPPEN!

>https://www.youtube.com/watch?v=lpXBxd9TAcs

HERE

WE

GO

>> No.53205009

The MEXC withdraws are open on 1/11 at 4UTC. so tomorrow at like 8PM PST is when we can withdraw.

>> No.53205016

>>53205009
for the chads who decided to purchase more flare there.

>> No.53205054

>>53205016
Did you see the most recent video? Pretty bullish looks like all the dominos are falling into place.

>> No.53205060

Hmm buy more sparkies?

>> No.53205069

Kucoin is now trading FLR
Idk about withdrawal though

>> No.53205079
File: 524 KB, 1284x1880, 85A9C902-D2A8-415E-926D-7BF8FB872B2E.jpg [View same] [iqdb] [saucenao] [google]
53205079

>waited two years for instarug
I’d be disappointed but I’ve been let down for so long I don’t even give a shit about crypto anymore

>> No.53205084

>>53205079
kek is this real?

Can anyone confirm?

>> No.53205087

>>53205079
now show the chart without including an irrelevant market. FLR dropped to people at $.00. It was done like this on purpose. IF you want a real chart look at the MEXC chart as that started at its actual price.

>> No.53205091

>>53205087
>It was done like this on purpose.

Now thats a cope lol

>> No.53205095

>>53205084
not real, it includes the IOU market, which was a market for the airdrop rights. That market is going to be feeling pain if fip1 passes as the rights disappear.
>Now thats a cope lol
whats cope? They dropped it to us at $.00 for tax purposes, it was done on purpose so everyone in every jurisdiction paid $0 in taxes on the drop until they decide its time to sell

>> No.53205097
File: 8 KB, 261x193, Без названия.jpg [View same] [iqdb] [saucenao] [google]
53205097

>>53205084
>can anyone confirme

>> No.53205109

>>53205097
thats not at all how I look

>> No.53205179

Do we slurp now or wait? How low can it go?

>> No.53205191

>>53205179
I buyed at 0.046, will buyed more on Friday regardless of price

>> No.53205192

On what changes can you trade FLR?

>> No.53205206

>>53205179
think the bottom was a while ago. After the run up to .21 we crashed down to like $.025. Got a fuckton around there.

>> No.53205207

>>53205192
Kucoin, bybit, mexc. Seems quite a few.

>> No.53205211

>>53205192
Right now Kucoin, mexc, and bitrue. If we get another dip any lower than .035 ima grab a lot more too

>> No.53205219

>>53205192
its a scam

dont buy

buy xrp/xlm instead

>> No.53205236

I just got my flare, where do I go to delegate? Also figured should wrap and delegate my SGB that's sitting there too.

>> No.53205242
File: 271 KB, 720x500, code_bear.jpg [View same] [iqdb] [saucenao] [google]
53205242

>>53205109
What are you citing? The mirror? Maybe have a third party take a picture and post it somewhere that has actual experts instead of whatever you want to believe you bigot. Go pick an onion, put it into a blender, and make yourself a drink. You toy loving man-child.

>> No.53205246

>>53205236
Send to Bifrost wallet, wrap your FLR and then delegate

>> No.53205252

>>53205242
What are these images from? Who made them?

>> No.53205260

>>53205252
SCOTTY

>> No.53205262

>>53205236
dont create a whole new wallet for this shit like
>>53205246
is trying to get you to do. go here and connect your wallet
https://app.flare.flareoracle.io/wrap
it has a pretty good dashboard for SGB and the flare one is decent too, guessing they are going to make a similar one for flare once dapps launch

>> No.53205267

>>53205252
Arthur Britto made them in one of his little Apple II games from the 80's. The game was called, Fuck You: The Game. You should play it.

>> No.53205273

>>53205262
ty fren was looking at that site before posting and figured I'm better off checking

>> No.53205276

Just bough some FLR on bitrue, but Withdraw link is inactive. You can't withdraw it yet?

>> No.53205280

>>53205276
Not yet fren, see
>>53205009

>> No.53205291

>>53205262
One more Q, once wrapped do I need to delegate or choose a pool or something? Should I research that?

>> No.53205298

Do we know which exchanges have yet to do the drop? I heard coinbase?

>> No.53205299
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53205299

>>53205291
Here you go little amigo:
https://flaremetrics.io/

>> No.53205304
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53205304

>>53205299
my man

>> No.53205307

>>53205291
ya on the tab on the left hand side, it says flare metrics, go there and choose the provider you want. the reward rate is that many flare per 100 you have staked. The epochs happen every 3.5 days.

>> No.53205317

>>53205307
>>53205291
Basically, there are (or should be) pages like this for each of the FTSO providers, you just need to pick one that you like and use it, but you can always simply go to another one if you find somewhere else has better features, since it all hooks up to the same shit, you dont have to do anything special once you decide to swtich, just connect your wallet and your good to go, its just UI.

>> No.53205368
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53205368

>>53205317
All done and delegated both SGB and Flare. I really shouldn't have put off doing the songbird one for so long kek. Thanks for the help fren.

>> No.53205371

Twitter larper seems to be gone.
https://twitter.com/search?q=(from%3ABlackRockWhale2)&src=typed_query&f=live

>> No.53205416

>>53205371
Yep
https://twitter.com/BlackRockWhale2?t=wSigLbNA3wP9NeHj_GnC4A&s=09

Good riddance to pajeet filth

>> No.53205506
File: 1.03 MB, 565x720, 1664478671118403.png [View same] [iqdb] [saucenao] [google]
53205506

2 more decades

>> No.53205525

>>53205368
>I really shouldn't have put off doing the songbird
ya lol, the reward rate is so low now. The SGB price should be pumping sometime soon though, so there is that. Personally, I made sure to get plenty of flare. My plan is to bring a good portion of my xrp and possibly SGB over to flare and provide liquidity. Then I will buy up all the flare and xrp with the APR I can and sit on it to counter any possible IL. Hope the APR offerings are good. Not so sure I am going to be getting into any of the shitcoins that are going to inevitably launch. Once Devs start to catch wind of what flare is capable of, they will start flocking to the network in order to have access to all chains from one place. I am excited to see how this all will effect xrp, if we have some good interplay between the systems we will start to see the # of xrp locked in reserve go up.

>> No.53205540

>>53205525
You may have guessed but I'm a set and forget kind of anon. Will see where I am at in a few months. Was considering buying some more SGB and Flare too.

>> No.53205565

>>53205540
You might want to change that habit for flare, it incentivizes being active in the network....well I was going to write out the strategy, but I am not sure I want to share it yet as it will allow me to earn double my delegation rewards (should be clue enough). You can use your wFLR in smart contracts while still getting your delegation rewards

>> No.53205569

What's a flare make-it stack?

>> No.53205573

>>53204952
That extravod kid is annoying as fuck. Speaks like an idiot. Has nothing to say just says wow moon so close.....for past 3 years..

>> No.53205578

>>53205054
Heard u literally say this every video num nuts

>> No.53205609

>>53205573
its hilariously cringy. He literally just pulls open twitter and starts to read the shit hes seeing. Then says WOW WOW WOW. its so dumb lol
>>53205569
If were right about everything ripple is trying to do, you wont need a ton of this at all. The fact that its able to connect to every other blockchain via the state connector means that you have access to the value(and features) of every chain in existence. Keep an eye on the news about synthetics, once those hit you can expect a large jump in price and volume. I am shooting for a stack about 4-5 times larger than my XRP stack. There was a conversation many many XSGs ago, back before the snapshot I believe where we talked about the proper amount of flare needed for your XRP stack and I remember us settling on somewhere around 5:1 ratio, cant remember the specifics on why that was, but thats what I remember.

>> No.53205699

>>53205573
But he sounded really excited so I think we must be close

>> No.53205786

Where the fuck is my FLR. Claimed it on my ledger with toolkit

>> No.53205812

>>53205786
Found it. My claim was like 5x what they airdropped me tho. Did Garlinghouse ruse me

>> No.53205883

Where is my flare guys? I only bought my first XRP a year ago tho

>> No.53205884

>>53205699

let me guess...2 more weeks?

>> No.53205906

>>53205884
Isn't that quite interesting

HERE

WE

GO

UH OH

Hmmmmmmmmmmmm

>> No.53205978
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53205978

>>53205883
You need to held in like 2020
I was only a master sergeant during that time tho kek
I love /xsg/

>> No.53205988

almost maxxed my credit card and slurped 100,000 FLR for measely 4000 bucks

>> No.53206116

>>53205069
>Kucoin is now trading FLR
Kucoin houses cool gem, a fren once said it's where dreams are made.
got my Sylo and Layer tokens there, i'd probably stake kcs soon.

>Idk about withdrawal though
i use P2P

>> No.53206136

20cents incoming

>> No.53206178

>>53205609
Sui stack = 5:1
Make it = 10:1 per zerpie

>> No.53206231

I walk with Christ and God always wins.

>> No.53206749

Am I crazy or is this shit about to run hard?

>> No.53206812

>>53206749
yes soon

2 weeks aprox

>> No.53206958

>>53205609
> we talked about the proper amount of flare needed for your XRP stack and I remember us settling on somewhere around 5:1 ratio,

This was before we found out you don't need to own any flare to wrap XRP. You can just borrow it for a fee.

>> No.53207024

>>53205252
heard patrick riley makes them

>> No.53207642

So...
I don't see my FLR in my linked ETH address.
Where does it go or where does it show up?

>> No.53207661

>>53207642
You have to send your XRP to my address. I will send it back with the FLR you're owed from the airdrop. Might even throw-in a few extra zerps if you're lucky.

>> No.53207671

>>53207642
did you have your eth wallet set to the flare network or the ethereum network?

>> No.53207708

>>53207661
>hurrduur duper ol joke
>>53207671
This I've never heard of and I'm very good at following instructions. So I am assuming I set it up correctly.
Under my XRPSCAM wallet it shows the "FLARE Address" (same as my ETH).
Do I need to look it up on FLR network?

>> No.53207772

>>53207671
Alright I'm figuring it out and refreshing myself.
I assumed I'd see them in multiple spots but I guess they won't show on the ETH address, its just that it's an ETH compatible and formatted address.
Been too long to remember it all I guess.
Thanks.

>> No.53208193

>>53205371
>>53205416
He is not suspended or anything related...

He said/larped back on November that he was going offline once the bullrun started..
Not the exact words, but +/- "those who know... once I stop tweeting/dissapear , will know when the bull run starts"

>> No.53208259

>>53205978
Those are the old requirements. The new requirement is that you need to have double the xerps for the rank now.

>> No.53208352

>>53207642
did you switch to the flare network ?

>> No.53208419

Does bitrue allow anyone to withdraw flr?

>> No.53208660

>>53208193
Yeah I remembered that as soon as I saw his Twitter was gone. Hopefully there is some truth to his larp.

>> No.53208869

XRP BROS WTFWT

>> No.53209065

>>53208419
I withdrew on Gate.io.

>> No.53209152
File: 471 KB, 2048x1536, DCB61FEE-BFA2-4E53-A39D-EE8D818378E8.jpg [View same] [iqdb] [saucenao] [google]
53209152

WAGMI

>> No.53209527

I finally found my FLR. Can I stake this elsewhere and get the remaining 85% still? I don’t want to hold it on The JP Morgan Network.

>> No.53210135

I have a claim for FLR but I guess I did the steps wrong
is it over for me? can I still get the remaining 85%?

>> No.53210191
File: 129 KB, 630x945, soysuper.jpg [View same] [iqdb] [saucenao] [google]
53210191

>Flare

>> No.53210386

>>53210191
AI can't be worse than humanity.

>> No.53210440

>>53210386
agreed

unironicly

>> No.53210599

>>53210386
It's better than humanity that thinks AI is real that's for sure.
I'd rather talk to a skip logic bot than most Elon fanboys or whatever retards use the term AI.

>> No.53210742
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53210742

>>53210191
> Delegating to FTSOs

>> No.53211155

I read through the flare documentation/technical guide.

I don’t think I’m retarded, but I have no idea what it is, aside from the highest levels abstraction / basics concepts.

>> No.53211183

I just boughted 2.5k FLR on Uphold, what am I in for?

>> No.53211255

I have 589 unopened texts. It’s happening. 2k eod

>> No.53211286

If you buy FLR now and delegate it, do you earn the other 85% that the seller(s) would have earned 3 years from now? Provided the new plan passes...

>> No.53211372

Can someone just tell us if Hugo scam or buy, how much, and when money?

>> No.53211719

>>53208419
Nope, you can withdraw on uphold though

>> No.53211748 [DELETED] 

>>53211286
Yes

>> No.53211781

>>53211286
Not unless fip1 passes

>> No.53211801

>>53211372
>We are proud to today announce our latest investment in smart contracts with Flare Networks, the first-ever Turing Complete Federated Byzantine Agreement (FBA) protocol. The Flare Network integrates the Ethereum Virtual Machine, enabling public and/or private networks to leverage smart contracts. Like the XRP Ledger (XRPL), Flare doesn’t require potentially unscalable economic incentives to guarantee network safety.
Ripple invested in Flare, so probably not a scam, however nobody knows if the project will be successful.

>> No.53211848

>>53211801

Well that would mean eth is going to live long term.

So don’t know.

>> No.53211927

>>53211848

They’re appearing technical prowess as per the technical documentation, suggests they could have just built something/another chain/system themselves.

So why use eth? Is it some weird JPM crypto rape attempt on XRP? Why be attached to eth?

Don’t know.

>> No.53211943

>>53206958
kek where do you think the xrp is coming from?

>> No.53211951

>>53211927

Their*

>> No.53211980

GUYS GUYS GUYS


Isn't that quite interesting?

Remember ISO20022?

November 2022 guys

>> No.53212027
File: 2.47 MB, 754x1080, based negress.webm [View same] [iqdb] [saucenao] [google]
53212027

>>53211980
GUYS GUYS GUYS.... 2067 ACTUALLY MEANS 2069, GUYS.... WE ARE ALMOST THERE, I CAN FEEL IT!

>> No.53212035

>>53211927
>So why use eth? Is it some weird JPM crypto rape attempt on XRP? Why be attached to eth?
wtf are you talking about anon? Flare is not attached to eth in the slightest. Just because something is using an EVM (ethereum virtual machine) doesnt mean they have anything to do with eth. The EVM is just a name for the "operating system" that is used to run the smart contracts. Chains use this because there is no reason to reinvent the wheel for making smart contracts work on chain(although fantom has written their own, FVM). Think of it like this, any EVM chain (that isnt eth) simply decided to fork the code that allows smart contracts to run on the blockchain....how the fuck are there so many retard tier anons here shitting up the thread?

>> No.53212083

What exchanges are left to airdrop?

>> No.53212094

>>53212035
Ethereum just happened to be the first network that was turing complete, and could run dapps natively on chain. They gave their code the name EVM, and now any chain that comes after them that uses this style of code, uses the name EVM, and the words "eth sytle address" to talk about the address format. This style also allows for you to utilize your wallets crosschain without any additional programming, since it uses a standard that is widespread. You dont think that....avax, ftm, canto, harmony, polygon, etc are working with ethereum do you? These are all competitors, would you use these competitors if you couldnt hook up your common wallet to them? IF they didnt use EVM you would need a different wallet for each chain. Learn about crypto

>> No.53212096

>>53212035

Is EVM open source or controlled by flare foundation 100% independent of any eth foundations/development input? In other words, if money skele flys away in the wind in a hurricane and eth dies, is flare still total independent with the evm?

>> No.53212123

>>53212096
EVM is NOT a network. EVM is a code that was forked. Does a fork of a protocol go offline if the original protocol goes under? NOPE, because there is NOTHING connecting the two together, aside from code style.
>>53212083
NEXO still has to drop theirs, I think binance did their a few hours ago. Coinbase also is going to take up to 6 months to drop yours (rofl if you kept yours here, you were warned)

>> No.53212163

>>53212123

I don’t know where/how the code contribution works. Could be like NPM for all I know at first glance.

Yes, I was just asking if it was 100% separate can be used stand alone.

Thanks. That does clarify.

I slurp a little.

>> No.53212165

>>53212123
lmfao

>> No.53212363

Haven’t posted since low xsg 1000. Still nothing has happened. I will go back to holding my bag in peace

>> No.53212416

>>53211781
Then if fib1 passes we're buying now at an 85% discount. If it passes the only way to lose money buying now is if FLR goes sub 1 cent and stays there for 36 months.

>> No.53212541

ngl, flare and songbird seems meticulously organized to fuck and demoralize early adopters as much as possible

>> No.53212571

PSA: You need to stack as much flare as you possibly can right now. As per fip1, there will essentially be a second snapshot and you will end up with 6.67x the amount of flare you had during the snapshot. The remaining flare will be airdropped out over 3 years.

Example. You got no flare because you didn't have XRP for the first snapshot. You buy 15k flare now. In three years time, you will have 100k.

>> No.53212614
File: 36 KB, 475x912, 1667261077846939.jpg [View same] [iqdb] [saucenao] [google]
53212614

>>53212571
WIll I get this AD on my bifrost wallet? I've delegated muh wrapped flarerinas already.

>> No.53212625

>>53212614
you get the airdrop based on your wFLR holdings if fip1 passes.

>> No.53212643

>>53212416
kek, the APR on pure delegating is also extremely good atm. People are going to shit themselves when we start to run because of the high APR people can snatch up.

>> No.53212655

>>53212571
>You buy 15k flare now. In three years time, you will have 100k.

I think that's just from wrapping. Delegating rewards will be on top of that, from what I understand.

>> No.53212728

>>53212655
Delegating rewards and the fip1 airdrop will be indistinguishable if it goes live. Why would get wFLR, and NOT delegate it to earn additional yield. You keep it in your wallet. Basically the wFLR is a receipt showing that you own the underlying flare, when you delegate with your wFLR, you are telling the smart contract where to stake your FLR.

>> No.53212778

0.5 billion market cap for what now is just a cook that will inflate very fast and ask hikes will dump
whoever is spoofing the price is trying to fuck people over

>> No.53212795

>>53212571
When's the snapshot?

>> No.53212796

>>53212655
yep, it will end up being a lot more than 100k...

>> No.53212797

Fuck all of the coinbase users tears on reddit are so fucking delicious. They were warned and decided not to listen

>> No.53212808

Also, where is the best place to hold flare?

>> No.53212809

>>53212795
The governance vote will be soon and it will happen after that.

>> No.53212836

>>53212808
self custody anon. Self custody, preferably a hardware wallet. If you dont want to use something like trezor or ledger, there are some new ones now, that are the size of a credit card with a built in screen and everything (also has BT to connect to your phone for signing). Dont put it on an exchange, you want your full delegator/airdrop rewards. Also keep an eye on fip1. If it DOESNT pass, you will need your original wallet to continue to get the drop. If it DOES pass, you will just need to have the wFLR in your wallet to show the drop where to happen.

>> No.53212837

>>53212571
With this being the case then we're very likely at the bottom, no? People are going to be accumulating hard.

>> No.53212838

>>53212655
>>53212796
what will the total supply be?

>> No.53212853

>>53212795
>>53212809
So if FIP1 passes, there will be 3 random snapshots a month that will prove ownership of the wFLR. Not 100% sure on the details of that though, just heard hugo mention in on the livestream. They arent going to give anyone a chance to game the system.

>> No.53212895

>>53212728
Since the different FTSOs will offer different rewards I thought those rewards would be separate from the 85% airdrop from simply wrapping. Of course no one would wrap without delegating, but there's some confusion about how Flare will exactly distribute the remaining 85% to holders if some FTSOs' rewards are higher/lower than others.

>> No.53212898

no way 4 cents is the accumulation price

>> No.53212907

>>53212837
Once this info gets to the normies, you'd think it's only up.

>> No.53212923

>>53212836
Original wallet, as in from the first snapshot from years ago?

>> No.53212938

>>53212895
there really should be no confusion. You have wFLR, you get the fip1 airdrop. You want delegator rewards, you better aim your FLARE (using wFLR) at a delegator, the delegation rewards come in once an epoch, so each 3.5 days. The fip1 drop comes 1 time a month for 3 years. What I am saying, is that no one, unless you are retarded, is going to create wFLR and let it sit there without being delegated. Also, each 3.5 days gives you MORE flare, which you can then redelegate, this gives you more delegation rewards(compounding) AND a bigger airdrop per month. Hence it being indistinguishable once live.

>> No.53212948

well anons, I thought sgb would pump a bit more before flare, the money I'd use to buy flare I spent on sgb, but I'm still down on it.
I am not buying flare for now if this is my..."bottom" the team abandoned sgb hard and I don't see reason to go further down this rabbit hole

>> No.53212960

>>53212923
yes, precisely. But thats if we keep the old airdrop rules. I am voting NO on fip1 with a ton of flare. I want my original drop. Although, I have prepared for fip1 by buying a ridiculous sum of flare. Covering all my bases here.

>> No.53212962

>>53212938
Delegations/rewards are live right now?

>> No.53212970
File: 65 KB, 1655x471, fecbfad6822c3bef63e604c4a9a8dd3c.png [View same] [iqdb] [saucenao] [google]
53212970

>>53212838
>total supply
Infinite to be honest
However we will get a % of the inflation in rewards for delegating

This proposal would then make the following modifications:
Reduce from the current inflation scheme of 10% per annum calculated on the total fully diluted supply of FLR, to 10% in year 1, 7% in year 2, 5% in year 3 onwards with a cap at 5bn FLR tokens per annum calculated on available supply instead of fully diluted supply.

>> No.53212973

>>53212960
Okay, I guess I'd be out of luck in that case since I missed that and just slurped this dip. We'll see what happens.

>> No.53212978

>>53212948
>the team abandoned sgb hard and I don't see reason to go further down this rabbit hole
TY for the cheapies, you who cannot read. SGB is the canary network for flare, this means 2 things. Any governance vote on flare (aside from fip1) has to be passed on SGB first. Also, before any change goes live on flare, it will be tested on SGB first. SGB is the gatekeeper network for flare. I dont expect SGB to pump wildly until the first time we have to vote on SGB before a governance is allowed on flare.

>> No.53212991

>>53212962
There was a 2.5 day grace period to allow for the dissemination of the airdrop by exchanges, and to allow people to get used to and figure out what to do on the network. If you go to the page on the FTSO providers site that shows the coming epoch, you will see it is a couple days out still

>> No.53213004

>>53212978
well I'm still down on it so I'm not reinvesting anything yet

>> No.53213005

>>53212970
Think I'm going to stick with my crippletokens thanks

>> No.53213011

>>53213004
>>53212978
i mean what I'm saying is, either flare is overpriced or sgb is underpriced given it's importance, 4:1 is not a good ratio, something is not right

>> No.53213019

>>53212970
Youre retarded anon. There is a max supply of 100 billion tokens. This is NOT ethereum, not sure why you are posting eth information here.
>>53213005
There is a hard cap of 100bil anon, dont listen to that retard.

>> No.53213022

>>53212960
Where can I view the status of the fip1 vote whenever it happens?

>> No.53213041

>>53213011
Bro you are talking about a network that is not even 24 hours old. That has people spouting off random, incorrect information about. Take
>>53212970
for instance, spouting off info about eth like it applies to flare. Twitter is full of dumbfucks still confused about everything. Give it a little for people to understand things, then the prices will move. SGB had 0 utility until now. We have not had price discovery yet.

>> No.53213053

>>53213022
Not 100% sure yet, I dont think they have the governance UI up. Could be wrong, but I cant find it anywhere yet. Follow flare on twitter and you will certainly know where once the vote launches, we still arent even on epoch 1 due to the grace period.

>> No.53213069

Buy flr now or wait more

>> No.53213083

>>53205267
i think we're playing it right now actually

>> No.53213102

>>53213069
Maybe buy a little now, more when the last big exchanges give their drops out.

>> No.53213116

>>53211155
it's a way of collateralizing any asset so it can be incorporated in a smart contract and also an oracle data provider thing

>> No.53213129

Fuck I hope the price dips below $.03, I want another huge stack. Been picking it up at various price points, but under $.03 is a sweet spot.

>> No.53213136

>>53213116

So let me see if I can think of a tangible example for flare, because the docs don’t at all.

If I start a front end company brokering commodities (doesn’t matter what) and I go around and arrange sales with producers, and have a front end application that arranges the contract etc.. this information goes into flare, may attach/mix with intermediaries (financial institutions, regulator rules etc) and flare does the rest of the work with regard to the smart contact and execution.

Correct?

>> No.53213176

>>53211801
>nobody knows if Flare will be successful
i know. it will.
source: this knowledge was granted to me in a vision. and also CBDC derivatives will be a big deal

>>53211848
Flare kills ETH

>>53211927
not attached to ETH- it uses the same mechanism as ETH so everything on ETH can be ported to FLR once developers realize that it's what ETH was meant to be (plus a lot of other stuff, oracles bridges the whole agent f-asset system)
regular reminder that Vitalik was an intern at Ripple working on their smart contract platform before he got sent back to Canada and then came up with a very similar smart contract platform a few months later
what i am implying here is that ETH is actually a ripoff of Codius and Flare is ETH 2.0 and basically all the world's a stage

>> No.53213184

>>53211155
>>53213116
Think of this chain as an overchain that can connect to every single other network via the state connector. They do this via use of bridges. Hugo kind of made a point of this during yesterdays livestream. The current bridges rely entirely on tech. There is 0 human control of the bridges. This leads to people finding exploits in them. The bridges are easily attacked, weve seen this so much in the past few years. With flare. The entire chain was designed to be extremely easy to build bridges on (hugo alluded to regular users being able to set bridges up easily). Now these bridges have a key difference in them, in that they are being watched and controlled by a "trusted" 3rd party via smart contracts. Basically, a contract runs things automatically, however the owner of the bridge, being the FTSO providers, HAVE to stake some of their Flare in order to own the bridge. This adds a layer of insurance to the bridge. Its the best of both worlds, tech running things, with a human overseer that has to put up a fuckton of collateral to be able to control things. Bad actors are booted from the space and will lose their funds.

>> No.53213197

>>53212035
Flare also took parts of other chains for example their federated byzantine consensus mechanism is from Avalanche (or very similar to it rather)

>> No.53213198

>>53213176
>ETH is actually a ripoff of Codius and Flare is ETH 2.0
This anon knows whats up. Vitalik stole the idea from ripple.

>> No.53213214

>>53213197
>federated byzantine consensus mechanism is from Avalanche
You mean from XRPL. anon. No one is copying the shitchain avax.
https://onxrp.com/the-federated-byzantine-agreement/

>> No.53213238

Guys, nearly every idea in the crypto space has been copied from Ripple. There is a reason ripple has been slow to roll things out. They have been in no rush to perfect the tech, as it takes time in the background for our banking system and government to adopt changes. Before they do, things have to run PERFECTLY. The chains that have come out of nowhere and have had a myriad of issues are the perfect example as to why this is.

>> No.53213241

>>53213184

We can gamify the destruction of certain counties with resource allocation and royalties.

Onus isn’t on the one offering, only the one fulfilling in an open contest.

>> No.53213255

>>53213019
>Youre retarded anon
Okay fren
If you want it than FLR has a max supply of 100B and there will never be more.

The Flare (FLR) fully diluted supply at genesis on 14 July 2022 was 100 billion tokens. Since that date, Flare has been in Observation Mode while validators are onboarded and the network becomes sufficiently decentralized.

During Observation Mode all inflationary rewards will be burned. This will ensure that the fully diluted supply, excluding burned tokens, will still be 100 billion at the point of the public Token Distribution Event.
https://flare.network/om-inflation/


All extra tokens above 100 billion have either already been burned or are in this contract. The code for this contract is visible here.
This is the burn address. As of 7 September 2022, it contains approximately 12.0 million FLR.
>>53213041
>info about eth
That's the only way to deal with these ETH maxis. Eth has an infinite supply too.

>> No.53213261

Explain to me like a golden retriver

If fip1 pass and I do not wrap my FLR do I loose it all? If I wrap and delegate Can I withdraw them and sell at any time I want??????

>> No.53213271

>>53212541


> needed to generate an eth keypair and submit the public key by making make a special transaction two years in advance on the xrp network whose creators were being sued at the time of the snapshot and whose native token had been dropped from most major exchanges.

i'm surprised we didn't have to free excalibur from the stone or find the arc of the covenant.

>> No.53213274

>>53213116
>oracle data provider
But what about muh chainlink?

>> No.53213279

>>53213261
just sell and move on smoothbrain

>> No.53213284

>>53213261
You don't lose what you have, you just miss out on rewards from participation

>> No.53213285

>>53213184

>> bad actors

Ok so flares already dead on arrival.

Kek, one man’s freedom fighter is another man’s terrorist.

>> No.53213335

>>53213136
i just spent like 5 minutes typing out some convoluted bullshit about tokenizing pork bellies using fXRP but after i finished i realize i am talking out of my ass and don't understand how flare works either

long story short your post sounds plausible but i think there are a few missing steps specifically related to the tokenization of the asset that would be put onto Flare so it could be programmatically interacted with by smart contract and/or transacted/bridged between chains or entities using those chains

however i am not familiar enough with the nitty-gritty documentation of Flare to speak with any kind of authority on how this might look in practice. desu i don't think anyone outside the Flare team itself except the smartest Juggalo in the world Mickey B Fresh is, and even he might be deluding himself.

>> No.53213377

>>53213255
Holy fuck at this word salad.
https://flare.network/flare-tokenomics/
you can see for yourself. There was a premined 100billion tokens created at genesis. 45 billion of which were designated for the airdrop (being given as a lump of 15% and then 85% over 3 years.) The other 55billion are used for delegation rewards and other incentives. There will literally never be more than 100billion tokens. Its the same max supply as XRP

>> No.53213379

So at the time of the future potential snapshot your flare must be wrapped and delegated to get in on it, assuming the vote passes?

>> No.53213382

>>53213238
it has been suggested before that the entire crypto narrative, from BTC to ETH and XRP, is some kind of plot to transition from a unipolar to multipolar world and then to a one world government without triggering uncontrolled nuclear warfare or total economic collapse

which really makes me wonder: who is this Arthur Britto guy anyway

>> No.53213398

>>53213285
? Flare is a layer of insurance for bridges, Everything is done via smart contracts, not sure what youre trying to get at here. Currently if a bridge is exploited, its just "oopsies we got haxxored, soz your monies are all gone" With flare, you will get your money back if there is an exploit. FTSO providers are incentivized to make sure nothing is exploited or their funds disappear. not hard to realize why this is superior.

>> No.53213412

>>53213274
i think link:JPMcoin::flare oracles:XRPL, judging by how hard it gets shilled by the WEF as part of the 4th industrial revolution or whatever

>>53213271
i think there's an IQ test element to it as well. or the Flare team are giga-autists on a level even most 4chan users can't comprehend. probably both desu

>> No.53213424

>>53213382
>is some kind of plot
Seems like you are paying at least a little attention to things. Crypto wasnt just someones fun project to start that caught on. Nothing in this space is organic.

>> No.53213484
File: 72 KB, 1536x797, Y7-1536x797.jpg [View same] [iqdb] [saucenao] [google]
53213484

>>53213377
https://flare.network/tokenomics/
Literally a graph on their website shows it that there will be more than 100B FLR.
The rewards you get for delegating is a % of the inflation.

>> No.53213526
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53213526

>>53213382
fucking newfag

>> No.53213598

so flare is avail on xumm now. what we thinking boys slurp cheapies or is this another shitcoin. ive waited so long i dont even know or remember any more

>> No.53213633

>>53213412
>i think there's an IQ test element to it as well.

please. it's just annoying.

>> No.53213635

>>53213598
Is it? What's the trustline?

>> No.53213649

>>53213598

No, simply out of spite for XRP not mooning, no other reason.

No money, no funny.

>> No.53213650
File: 16 KB, 322x315, ED5E7A2D-6EB0-4843-9009-942A515FC895.jpg [View same] [iqdb] [saucenao] [google]
53213650

How many Flr are you wrapping frens? I just wrapped up 40k of these little guys.

>> No.53213703

Do I buy?

>> No.53213706

>>53213650
3k, lol
I have the rest in sgb, but I'm waiting for a price correction or to see if this is indeed the ratio these two coins will respect before moving my sgb to flr

>> No.53213716

>>53213635
search gatehub flare

>> No.53213746

>>53213484
Not sure why the graphs are going off so high desu, There are even other graphs showing token supplies reaching 1 trillion, when all communication from the team is clearly saying the max cap will be 100bil, same as XRP. They do however talk about burns quite a bit. I am not sure if that 100bil figure means that it will be kept there via burns, or what. I believe the obfuscation of information is part of the teams scheme to get fip1 passed. There definitely needs to be clarification on this, as there is clearly conflicting info put out officially by the flare team.

>> No.53213767

>>53213706
Not sure the prices will stay this low for long. Well know for sure on the first set of delegator rewards in a couple days. That will show how many people are trying to maximize their airdrops. If we have a dump, people dont give a shit, if we stay flat or pump, people are holding onto flare for the fip1 drop, or buying more for it.

>> No.53213779

Fuck... bros... i been waiting all this time for FLR and apparently I was supposed to link an Eth address by 06/2021????? Am i fucked????

>> No.53213802
File: 57 KB, 1080x1080, 120636441_10164240252645511_7864107002276340251_n.jpg [View same] [iqdb] [saucenao] [google]
53213802

you can buy ETH 2.0 today for 4 cents a pop and people are chatting here like nothing is happening
kek
flare 20usd+ eom
1k+ eoy

>> No.53213823

go rob your neighbors and suck a few cocks to get a bigger stack TODAY
kek the level of sleepiness on biz today is unreal

>> No.53213870

>>53213823
just killed a cat to harvest its gemstone

>> No.53213940

>>53213650
Is there a point to wrapping if i am not even part of the airdrop?

>> No.53213992

>>53213802
nah, this is going to dump hard

>> No.53214006

>>53213940
Potentially

>> No.53214016

>>53213940
there definitely is. Wrapping gives you delegation rewards regardless of if fip1 passes or not, rewards seem pretty nice so far, about .42% yield every 3.5 days atm. If fip1 passes you will also be eligible for the monthly airdrop.

>> No.53214057

>>53214016
In about 14 months I went from 2500 Songbird to about 3800 on rewards alone. Of course, the price shit the bed, but I increased my stack by about 50% without any airdrops.

>> No.53214084

>>53214057
yup, flare will be something similar with its delegation inflation rate. I really cant wait until the first dev builds a flare dapp that connects to something like BTC to give the BTC network smart contract capability.

>> No.53214117

>>53214016
>>53214016
That inflation is gonna rekt prices.

Crazy how people still dont realize yields in nonstable tokens = Supply increase = token dumping in price

>> No.53214123

>>53214084
I am voting to keep btc out of the network out of principle
it will fail but I hate those fafs, I'll also cute against ada, but will support dogecoin dhib and ltc

>> No.53214141

>>53214123
god I hate this keyboard
vote against ADA*
will support shib, dogecoin and ltc

>> No.53214149
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53214149

>>53214117
That's a big part of the airdrop proposal too. Dampen that inflation

>> No.53214188

>>53214149
Bruh that doesnt dampen shit. Look at the timescales. It’s basically the same at month 36. Imagine extrapolating to 20 years when crypto has barely existed for 10

>> No.53214236
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53214236

I have a claim for FLR but I missed out on the 15% drop because I did the steps incorrectly
Is it possible to still receive the remaining 85% if I set it up now?

>> No.53214244

Flare is really filtering retards outside this thread/across the crypto space, kek. You love to see it.

>> No.53214263

>>53213129
3 cents was where I was going to start dollar cost averaging, but I don't know what's going on with the price. I figured as more exchanges listed it, it would dump more, but the price has barely budged in the last 12 hours. Do we know how many out of the 60 exchanges actually have trading turned on yet?

>> No.53214270

>>53214123
>I am voting to keep btc out of the network
you misunderstand. Its not something you can vote on. It just happens. There is a main component of the network called the state connector. This allows the flare network to read the "state" of ANY other blockchain. meaning this. Someone on flare decides to make a BTC dapp. They create the smart contract that utilizes the state connector, they set up a wallet on BTC and point the state connector to it. You wish to use this service. You go to the flare dapp and initialize the txn, you then go to BTC, and xfer the funds to the the wallet that is specified. The state connector reads that you have successfully xferred the funds on the BTC chain to the correct wallet and starts payouts for you on flare. This is different than synthetic or f-assets, which will directly bring various currencies, both crypto AND fiat onchain.

>> No.53214278

>>53214236
you had exactly 3 years

>> No.53214297

>>53214270
i am referring to the f assets, I think that's going based no?

>> No.53214299

>>53214117
>>53214149
So this where I was saying, its confusing because the team talks about burns to meet the 100bil goal. But lets say for a second, that its going to inflate nonstop. The inflation, especially in fip1 goes to 0 over a short time. There is a cap on the # of tokens that are allowed to enter the system. Fip1 says the cap is 10% OR 5bil per year, going down a certain % each year, meaning the rate that inflation goes down, will be increasingly fast as the years pass. Were talking near 0 inflation at year 3(after the initial 3 year disbursal)

>> No.53214307

>>53214297
going to be voting based*

>> No.53214321

>>53214263
Ya there are a lot actually trading now, take a look.
https://www.livecoinwatch.com/price/Spark-FLR
There is mass confusion about this drop. I cant find a single person posting good information anywhere about this yet. I dont think the team is running around and putting out fires either, they are letting people filter themselves out as
>>53214244
pointed out. This is so bullish for the ecosystem. I would give it until after the first epoch to notice any price swings. Itll probably take a bit of time before we have price discovery. Probably not until we have the first dapps utilizing the state connector when people finally get to see with their own eyes what everything means.

>> No.53214333

>>53214278
is it possible?

>> No.53214348

>>53214297
I dont believe so. If ANYONE wants to create an F-asset they simply need to become an FTSO provider, and have enough collateral in their delegation pool to insure the funds being collateralized are properly backed. Thats the golden thing about flare, its LITERALLY ALL ABOUT INSRUANCE. Nothing will be done without sufficient capital backing it in case of bad actors.

>> No.53214361

Dont forget about the fact that in the future there will be governance votes to allow OTHER tokens to be used as gas on the network. Think paying your gas fee in doge, instead of flare. (doge was one of the first examples the team put out there.)

>> No.53214363

>>53214299
here's hoping for songbird to not have been the waste of money i am starting to think it was

>> No.53214409

>>53214333
only replying because of your digits
not possible as is, but if fip1 passes in a few weeks then you will get 85% AD on whatever you buy now and hold

>> No.53214433

>>53214363
>songbird to not have been the waste of money
Just hold and delegate, Any governance vote has to be passed on songbird first before making its way to flare. If flare is successful, songbird will be even more so as it gatekeeps flare.

>> No.53214442

The digits are so strong in these threads.

>> No.53214499

>>53214433
no s-assets - no buy

>> No.53214563

>>53214348
what kind of vote is sgb gatekeeping if anyone can make an f assets?
when fip01 doesn't require it

I can see testing on it and then irrelevancy

>> No.53214625

>>53214563
when I invested in sgb I thought many dapps had not only to be tested on sgb, but also voted to be integrated on to FLR
You're saying this isn't accurate and I can't gatekeep a cook from entering the network them what is the point ?
inflation votes? if that's the case it explains why so many dumped sgb in lieu of flare

>> No.53214637

>>53214563
fip1 is the 1 governance vote that isnt going to be on sgb first.
>if anyone can make an f assets?
Why are you equating creating a new asset on chain (minting a token) with governance? They have nothing to do with each other.
basically any governance vote after fip1 that ends up being voted on, on flare, will have to first be voted on, on songbird. Then if it passes there, it will be moved to flare for voting there.

>> No.53214638

>>53214625
gatekeep a coin*

>> No.53214645

>>53213526
tell me about how Bitstamp came to have an office in City of London and Britto's connections to BNY Mellon please

>> No.53214652

>>53214638
>>53214625
do you have to vote on eth each time new protocol decides to mint a token? Or even if wrapper is created? Do you think that wBTC was a voted on asset? You should slow down, and learn the mechanics.

>> No.53214675

>>53214652

but shouldn't I get to vote on whether dapps or f assets make it into the network?
take the fiasco of Flare finance, I understand we should get to vote whether that crap is ready to integrate into flare
isn't that what a security later is for?

>> No.53214705

>>53214652
ETH has no security layer like songbird I don't see why it would have any voting to integrate anything

while this may be true to songbird (anything goes) I don't see how the same can be applied to FLR

in fact the fact that you have more freedom and died to create new things in sgb should be a selling point
>>53214675
security layer*

>> No.53214798
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53214798

to the few cagies who still didnt make it

>> No.53214814

>>53212797
It does not fucking matter anyways because the XRP snapshot is pretty much inconsequential. You can get FLR almost for free at this point, compared to the price of XRP at the time of the snapshot which was supposed to translate 1:1 to flare.

>> No.53214832

>>53214798
this sham destroyed songbird
i hope this garbage never makes it into flare

>> No.53214849

>>53214675
>but shouldn't I get to vote on whether dapps or f assets make it into the network?
This has never been a thing. The network is an open protocol for anyone to come and build on. As long as you are following the rules of the network (which can be changed via governance only) then you are free to use it in whatever way you see fit. This is the same for all permission less networks. Again, slow down and learn the mechanics of crypto.

>> No.53214865

>>53214849
then what is the point of the security layer?? what the fuck?

>> No.53214881

>>53214814
Not really. It absolutely matters. Even if fip1 passes, users still need to delegate their flare in order to receive subsequent drops. Meaning, coinbase is the recipient of those drops until they pass them along. Coinbase has said nothing about if they will delegate users holding while they are holding, or if they are, if they will pass along the delegation rewards.

>> No.53214895

So should I buy 100k? Or are we going to dump city

>> No.53214905

>>53214865
>>53214849
the whole gambit of sgb as I understood it, is that before protocols or dapps were onboarded on to flare (the word onboarding was often used) they needed to be thoroughly tested on songbird

are you sure you are not mistaken? You probably are.

>> No.53214918

>>53214832
you are a newfag who didnt listen to the one who ingests black cocks, who clearly said that ff is eth2.0 and will be dabombdiggity
you are being given the keys to the new world and all you managed to say in response is "no thanky, issa garbage" which unironically will be your last words before you rope after yflr is at 1k+ usd and you missed the AD

>> No.53214946

>>53214865
FOR GOVERNANCE anon, really what the fuck are you thinking. Can you not wrap your head around what governance is? Take this for instance. One of the first governance votes, past fip1 will be allowing doge to be used as a gas token. Now this has both benefits and drawbacks. Some people may not want doge to be used in this capacity. If it was just allowed to happen, its proof that the chain is centralized, that a single authority is able to make decisions that effect EVERYONE. So that would be put up to vote. Now, Before it makes it onto flare, it HAS to be tested (part of the original design). So to test this, instead of using a testnet like eth does (goerli, etc.) we use SGB. So the vote would go onto SGB, we would vote, say it passes. Then we can start using doge on SGB as gas. We get to then see how this effects a REAL WORLD MARKETPLACE with REAL STAKES instead of on a true testnet, with fake money and fake decisions made by people. Then the vote moves to flare. If people see the changes are good, they vote for the proposal to pass, if it fucked up songbird, then people vote no.

>> No.53214967

>>53214905
>is that before protocols or dapps were onboarded on to flare
This is not it at all, Flare is not a permissioned network. It is permissionless. Meaning, there are a set of rules and as long as you play by these rules, you get to use the system. What you are describing is a centralized blockchain. something neither flare/songbird/xrp are. They are all permissionless. Now the rules that we play by, those are what we can vote for in governance.

>> No.53215028

>>53214918
go suck a miners dick you faggot I have eyes on other things much more valuable than your garbage dapp

your performance on sgb was terrible and if my understanding of sgb is correct, I will vote against your onboarding on to flare, at least until you fix the god damn thing

>>53214946
>>53214967

You are 100% mistaken. I remember clearly the governance aspect of songbird was added later after it was launched to support the network post flare launch
At the time, massive discussions were had that after dapps were onboarded on to flare the usage of sgb would go down, the team added this later to address this concern
Regardless, I will for sure confirm this, but as things stand this makes no sense tosage
FLR Finance, for example is clearly not ready to be onboarded on to flare and just like it made sgb dump because of issues it has, the same cannot happen on flare otherwise the security layer dynamic is effectively useless if it cannot prevent these terrible protocols before they are onboarded to the network

>> No.53215067

>>53215028
>and if my understanding of sgb is correct,
Youre fucking retarded anon, you have no understanding of flare or songbird. All you have to do is go watch some damn youtube videos on this to understand and you cant even click on those and sit still long enough to learn and absorb the information.
>I remember clearly the governance aspect of songbird was added later after it was launched to support the network post flare launch
100% correct. At first, songbird was meant to simply be a real world testnet for flare. They added the gatekeeping aspect later on. It still changes nothing about the fact that you are describing a centralized permissioned network when flare is permissionless and decentralized. Go look up what those words mean you absolute nigger.

>> No.53215084

>>53215067
then what is the point of the security layer if people can and will just skip it?

>> No.53215089

>>53215028
You also have obviously 0 clue as to why SGB dumped. You act like one of the anons who go around and nitpick protocol decisions that you believe are making the price plummet, when the entire market is also going down.

>> No.53215098

>>53214967
Its permissionless, but the flare team controls over 50% of the vote. So in practice its permissioned like every other chain

>> No.53215103

>>53215084
IT IS FUCKING FOR GOVERNANCE VOTES, NOT TOKEN MINTING OR PROTOCOL LAUNCHES. THERE IS NO GATEKEEPING FOR WHO GETS TO USE THE NETWORK. Stop acting like a fucking nigger and go read some shit about this.

>> No.53215107

>>53215089
the arbitrage problem was one of the reasons, they still haven't solved it
idk why I keep arguing with you when you're talking back in bad faith
it's not the main reason, but it's one of the reasons
go fuck yourself, anon

>> No.53215124

>>53214299
if fip1 passes, it will take a total of 20 years to reach a circulating supply of around 200b tokens. So there is absolutely no hardcap on the circulating supply. Furthermore, the FLR team can pretty much change whatever they want at will because they control the voting. In other words, this is 100% a ponzi scheme unless this token is completely unironically chosen by the global elite to be the one, which it obviously hasn't been.

>> No.53215134

>>53215103
that doesn't answer the damn question
if what you're saying is correct, then sgb will be used as a testing ground only for serious devs, but will be skipped by all others who doesnt give a fuck
if that's true then I'm a bit at loss here, but I will recover I suppose.

>> No.53215138
File: 103 KB, 1536x843, macrov2-1-1536x843.png [View same] [iqdb] [saucenao] [google]
53215138

>>53215098
As you can clearly see, the team is currently sharing 19.2% of the supply with early backers and advisors while the greater community airdrop constitutes 58.3% of the current supply. This is demonstrably false.

>> No.53215151

>>53215134
It will be picked up by people who want to control what changes are going to be made to the flare network. You keep outing yourself as someone who doesnt even understand the basics of blockchains and governance votes. go back to plebbit you faggot.

>> No.53215182

>>53215124
The dont control the voting though as pointed out here
>>53215138
this initial distribution stays the same regardless of whether fip1 passes or not. Also, its like I mentioned in earlier posts, there is absolutely confusion as to where the cap is, if there is one. The documents state a supply cap in some parts, while in others it seems like inflation will continue on forever, it also talks about burns being used to control the supply. So its strange and it needs clarification by the team.

>> No.53215185

>>53215151
not as valuable as I first considered it to be
it made sense to force developers to go through songbird first for all the truly tested dapps on flare would have a higher prestige of safety

I guess I was wrong, but whatever

>> No.53215208

>>53215185
>force developers to go through songbird first
The devs that used songbird first did so to test their protocol, similar to how other chain developers will deploy on testnets first. There was no requirement for these protocols to launch, the ones that did, did so to gather data on how things would work with real world stakes.

>> No.53215238

>>53215138
Thats after 36 months. They control over 50% currently considering coinbase will delay and ftx celsius arent distributing

>> No.53215246

>>53215208
yeah, not as valuable as I first considered it, but not a total waste I suppose
serious devs will still use the network

>> No.53215265

>>53214881
>Coinbase has said nothing about if they will delegate users holding while they are holding, or if they are, if they will pass along the delegation rewards.
That part is correct, but that does not change the fact that you can just buy more FLR right now for pennies, instead of waiting for coinbase to do the distribution. If you were able to afford 100k XRP at the time of the snapshot, you can certainly buy 100k FLR today, which will further inflate to 666k within 3 years, making the XRP snapshot next ti meaningless.

>> No.53215290

>>53215238
no anon, that is the initial TDE as it clearly points on in the picture. If everyone were to delegate, those %s would stay the same.

>> No.53215330

>>53215265
yes but those tokens *should* be the property of the original XRP holders, it doesnt change the fact that they should be given those tokens for free, instead of being made to purchase them on their own. It means that one of the largest, most manipulative exchanges received a giant bag of flare for FREE to meddle in the market in whatever way they see fit without having to spend a penny of their own funds. Its a compound issue. But I agree, people should be buying all the flare they can get.

>> No.53215334

>>53215290
>If everyone were to delegate, those %s would stay the same.
Which obviously won't happen because only the minority is even aware that the airdrop has happened. Most people forgot about flr long ago. I am not sure just how many of those 58% you assume to be active participants?

>> No.53215412

>>53215330
Yes it's a scumbag move to be sure, but will ultimately not have a lot of impact on the FLR ecosystem, simply because the FLR price is already so low and 85% of what you were supposed to get, is completely decoupled from XRP snapshot if FIP1 passes, which it will.

>> No.53215475

>>53215334
Thats true, its one of the reasons the word should be spread, and wrong information countered with correct. The cheapness of flare makes it so you can buy a significant chunk of the network right now and continue to keep the same % ownership if you have some patience. I am nonstop grabbing flare with every single penny that comes to me until the price breaks my buy barrier.
>but will ultimately not have a lot of impact on the FLR ecosystem
true as well, it just is funny that the CB tards didnt listen to anyone about not holding there.

>> No.53215511

Honestly, the single most bullish thing for me on flare (aside from the XRP connection) is that even though this is a new baby network, it connects to every single mature network in a safe way. We get the benefit of all of the years of work that devs have done, we just need people to build those bridges and connect to them. Supposedly, according to hugo the bridges are dead simple to build too.

>> No.53215629

how long do i have to accoomulate at these prices? forever?

>> No.53215801

>>53215475
My last question to wrap up the initial discussion of whether F-assets/S-assets are up to a governance vote, and what sparked much of my confusion

The video titled
Live Webinar - Hugo Phillion x Uphold! "Songbird in Flight'" @ 55 mins and 30 secs

If anyone can build on flare, and on songbird, why would there be such discrepancies between the networks?

>> No.53215812

>>53215801
Continuing my post because 4chan was blocking due to spam filtering.
I understand in regards to features as they have to be tested on SGB first.

But why would S-Assets be up to governance as Hugo states?

>> No.53215848
File: 243 KB, 720x491, Polysign_home.jpg [View same] [iqdb] [saucenao] [google]
53215848

>>53213779
Oh shit dude. You might have to just buy some. That totally sucks. Too bad you missed out.

>> No.53215891
File: 585 KB, 900x1420, strawberryshampoo.jpg [View same] [iqdb] [saucenao] [google]
53215891

>>53214141
Come on down to the farm. Let's talk. Maybe we can name a lobster or two.

>> No.53215909

Quoting verbatim from Hugo in the video
"Songbird can take its own path, it can do different things with the state connector, it can have a governance vote and include different tokens in the F-Asset mix, it can completely diverge from that canary network role"

This makes sense if many of the things going on in the Songbird network were up to a governance vote, but not in the flare network because no such vote had occurred and thus was not included.
Hence my original statement...F-Assets have to be voted into the network

>> No.53215918

>>53215801
>Live Webinar - Hugo Phillion x Uphold! "Songbird in Flight'"
This video is over a year old. The change to SGB was pretty recent. I am not sure on the exact date the change was made. But here is an article explaining everything. Dont try to go off of old information as it changed rapidly. https://medium.com/flarenetwork/flare-governance-and-the-role-of-songbird-4579c9891b47
I imagine the change was sometime around the publishing of this article, which as you can see is 1 year after that video.

>> No.53215932

>>53215918
Well that explains a lot, in my view the original vision he had of Songbird had a lot more value. But whatever. At this point I don't care that much anymore.

>> No.53215942
File: 343 KB, 499x810, FXRP_regret.jpg [View same] [iqdb] [saucenao] [google]
53215942

>>53214236
You Fucked Up Again Baby Mozart.

>> No.53215954

which is gay desu I wanted to gatekeep some fagtokens out of flare, just out spite kek
40 posts just to explain how much i hate cardano and the retards that hold it

>> No.53216094

>>53214895
>he hasnt bought after the first 75% dip
lmao

>> No.53216143

>>53216094
Songbird’s initial accumulation range started at around 40 cents, strikes a similar vibe to flare’s current 4 cent accumulation range, and I think there are a few exchanges left to disburse their drops and allow trade
Buying now seems a bit too soon desu

>> No.53216183

>spark claim on exodus wallet
>can see it on xumm
Where do I access it?

>> No.53216203

>>53216094
-75% from the IOU market
Also, I am a burger so getting this shit sucks.
>>53216143
The only thing I can see that prevents the dumpening is the need to wrap the flare to get the rest of the airdrop.

>> No.53216287

>>53216203
>I am a burger so getting this shit sucks.
getting what shit sucks anon?

>> No.53216318

>>53216183
Nevermind, I'm retarded.

>> No.53216392

>>53205262
This guy has to be a shill for Flareoracle

>> No.53216445

>>53216392
nah, just the one I chose based on the UI. I was using AFTSO for songbird and never tried looking at the others. Then I realized how shitty the AFTSO UI is compared to some of the others. Choose whichever one you want, the UI you use doesnt matter, you are able to delegate to any of the providers from any of the UIs.
>>53216203
I am going to assume this guy meant that "this shit sucks" meaning it sucks for tax purposes. No it doesnt retard. There is a reason I keep trying to point out that the IOU market should not be included and its this: the flare team wanted to do this drop so that every single person in every jurisdiction paid 0 in taxes for the airdrop. The way that they did this was to drop flare to people at the price of $.00 This way taxes are only due at the point of sale. This isnt even a concern for americans as there was an update to the tax code (last year?) that states received tokens are not taxed until sold (although its unclear whether this refers to staking/ farming rewards AND airdrops, or just the rewards).

>> No.53216462

>>53216445
My bad for assuming you're a shill. I think BiFrost is the best choice because you can choose which oracle you wish to delegate to. Each epoch the rewards can change based on each oracles own settings. Use a site like flaremetrics.io to track rewards and try to switch to the most competitive oracle whenever possible. If you use what you suggested you're limited to a just Flareoracle and they're ranked 16th right now

>> No.53216479
File: 46 KB, 539x960, 1615903037465.jpg [View same] [iqdb] [saucenao] [google]
53216479

So how do i delegate if i have me Sparkies in a D'cent wallet or in a ledger device?
And what are some good ftso's to delegate onto?

>> No.53216483

>>53216462
>you can choose which oracle you wish to delegate to.
https://app.flare.flareoracle.io/ftso-metrics
https://app.ftso.au/delegate
as you can see, every single FTSO provider has these, some have better stats than the other. People making new wallets for every single thing is a bit insane and a great way to lose your money when you lose track of what is where.

>> No.53216511

>>53216479
The FTSO providers delegation page shows you the best reward rate (some providers have more data than others, so be picky with UI) in the UI, on the delegators page, you should have links taking you to that providers page. That way you can shop around from one main source of information (just choose one and start looking)
this one
https://app.flare.flareoracle.io/ftso-metrics
has great metrics posted, and has links to all the other UIs
>or in a ledger device?
if you are using a ledger, you can utilize MM as the middleware to talk to the FTSOs UI. No need to move anything anywhere to do this. I am also using a ledger using this method.

>> No.53217328

Just bought 12k flr, get ready for the price to tank

>> No.53217386

Can any holders of flare who buy now vote on fip1 or is it only airdrop receivers? If so, I'd assume this is the bottom and we should start seeing a pump as whales accumulate for that.

>> No.53217428

>>53217328
11k here, roughly. I feel better having something rather than the 900 dropped to me, but still uncertain about it all.

>> No.53217485

>>53217428
Same here. Price was a bit higher than I would have liked, but I can start delegating immediately with it, and it will double my monthly airdrop amount if fip1 passes.

>> No.53217523

>>53216511
is poopmask safe? enough?

>> No.53217548
File: 73 KB, 741x568, 1645729289885.jpg [View same] [iqdb] [saucenao] [google]
53217548

Do you think now is the best time to buy a flare or will the price drop further?

>> No.53217601

oooooOOOOOOOOOoooOOOOOOO

>> No.53217606

>XRP hodler
>completely ignored it since 2019

guys redpill me on ISO22022

>> No.53217614

settlement CONFIRMED 5MINUTES AGO

>> No.53217641

>>53217614
Source?

>> No.53217651

>>53217641
im a riddler solver, look at te fkn chart

>> No.53217655

>>53217614
>settlement
???

>> No.53217666

uhh bros whats happening?

>> No.53217668

>>53217614
>>53217651
I literally just sold.

>> No.53217673

>>53217655
no more spoonfiding

>> No.53217690

>>53217668
ty dud you r the catalizer of this year bull run

>> No.53217695
File: 199 KB, 56x56, 5D50518C-078E-498B-87DF-FDE47D7A1320.gif [View same] [iqdb] [saucenao] [google]
53217695

>>53217651
>4.5% pump from settlement

>> No.53217705

This could be a flare pump from holders who sold their drops?

>> No.53217712

>>53217695
its not correlated to any other coin.....here comes the bull next fib lvl to fight its 0.3674

>> No.53217714
File: 64 KB, 755x687, OOOOO.jpg [View same] [iqdb] [saucenao] [google]
53217714

>>53217695
>4.5%
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.53217739

POOMPA
DRUMS
NAOW

>> No.53217754

IT'S HAPPENING

>> No.53217763

Flare just had a bit of a sell off. Could be correlated.

>> No.53217794

It's over

>> No.53217803

You can withdraw FLR from bitrue if someone still have there.

>> No.53217821

>Have 4k flare
What do? Am I gonna make it?

>> No.53217825

I'm so pissed off, I just converted a ton of my stack into SGB and FLR and it mooned straight after.

>> No.53217831

>>53217825
thanks for playing

>> No.53217833

>>53217825
>selling xrp
why?

>> No.53217843
File: 1003 KB, 640x360, 1615001906935.webm [View same] [iqdb] [saucenao] [google]
53217843

>>53217739
POOOOOOMPA!!!

>> No.53217847

>>53217825
Uphold is "processing" my 4000XRP transaction for 20 minutes already, thanks I guess.

>> No.53217870

>>53217833
>selling xrp
Good point, as I was exchanging my XRP to FLR, I thought what if this is just another way to extract XRP from holders?

>> No.53218139

>>53217825
Hope you didn’t play with more than 5-10%.

>> No.53218173
File: 2.68 MB, 464x848, 1670174395730774.webm [View same] [iqdb] [saucenao] [google]
53218173

new new
new new
>>53218160
>>53218160

>> No.53218886

>>53217523
Its a middleware, the safety comes from your hardware device. But if you decided to just create a wallet inside metamask, first, make sure to grab the seed key/private key so you dont lose your funds (put it in a safe spot). But that so far has been safe enough, although there are anons who argue otherwise. Its a trade off for speed in transacting and safety. I personally have a hot wallet (created in metamask) and a ledger. the hot wallet I use for when I need to trade fast, the ledger is where I keep my main funds.

>> No.53219677

Any ausfag here who held on coinspot? When are they dropping out airdrop??