Jump to content


Bronze Member
  • Posts

  • Joined

  • Last visited

About Kiwi

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

Kiwi's Achievements

  1. Where this 5 cents come from? If total supply of 15b is airdropped, how can this be valued to 750m dollars? I will open orders at 0.0005, to 0.005. If they get filled, awesome, if not.. I will just use that money for FLR
  2. Lets say there are 5 oracles that really make an awesome job, their fees are good, they are almost constantly within this 50% which wins the price from providing the "correct" prices. Lets also assume these oracles are already capped with the votes (1b votes each = 10% voting power each= 50% combined voting power from 5 top oracles). What exactly can you do with rewarded FLR which you earn from delegating a vote? You can't compound it because the oracles are already full, and other oracles are not doing great which means there is no point to stack there? Does that mean that all FLR would need to be funneled in Flare finance so you can get at least something out of it? Any thoughts on this?
  3. this why they set a limit how much votes one oracle can get.. for FTSO it is 1B I think. Have no idea what is with SGB.. I am really interested how all of this plays out. To me it looks like it could get centralized over time. Something like mining pools at bitcoin. I mean, you only need then like 5 owners to come together and start funneling the network with "wrong" prices... if the network can be played, people will do all they can to do so...
  4. To delegate the vote do we always need to wrap SGB? Is it the same for FLR? Do we wrap it to WFLR so we can delegate our vote?
  5. I didn't quote you and I do not care if you are offended or not. It is their tokens, they can do what they want. Everyone who kept their tokens on CEXs learned their lesson. Not your keys not your tokens. Every exchange has terms and condition, perhaps people will read it read it next time.
  6. I agree with you. It is poor decision by Flare team. Songbird is different network than FN. They could have different snapshot date. It passed like 2 months from announcement of SGB and "release". Everyone would have enough time to prepare for the snapshot. I can completely understand the exchanges. It is not just "distribute the coins". They still have to do security check, check for a demand, intergrade to their platform. This all costs and exchanges pay lots of money to their developers. Seriously, why would they spend money so people can just dump "their" tokens straight away? We have no idea how popular SGB will be. We can only guess. FN put exchanges in a really bad position. Now they have to deal with the mess FN caused.
  7. They had a statement that the delay is due to the recent hacks, which implies they need further coding/testing/audits to make sure they are not vulnerable to these hacks as well. I just hope they wont release the network if they do not feel ready. Like someone said here, big names invested in them, it has to be flawless I can't see a single post where people want them to rush the lunch so they can dump their tokens. Even if there are posts like this, it is their full right to write/do so. Why so triggered? People complain how shitty PR they have, which is unfortunately the case. The only person acting like "something something" wining petulant children in here is YOU. PS. I do apologies in my name and in the name of others because many of us do not have capacity in a building new blockchain and because we are not developers. You should put it in your head that developers are nothing without customers. Without regular people using your blockchain, all you do is worthless.
  8. they should have just stayed in "development mode" for one more year, get everything done and then do a snapshot... with all the testing and delays going on, one would say they did not do a great job with coding... none the less I remain excited with flare network, it looks promising !
  9. And who is Mikey B? What degree he has in finance? He might be knowledgeable in crypto and how things work, but saying there wont be a 2year bear market because now is different, that is as he says: IDIOTIC. Trillions and trillions were printed last 2 years, how on earth can someone say there wont be a reset? The prices of iron, wood, construction costs are all over the place. They all shoot up significantly. Thinking this wont have an effect on crypto is crazy. There will be a pop, when? Time will tell! Cumrocket, safemoon, cryptopunk, random useless NFT shits selling for few millions?? Clearly sustainable. NOT.
  10. I would say 90% of xrp community does not know what a trustline is Thank you Brian
  11. Well, they gave 1B to Coil.. Is that project dead as well?
  12. Few years ago I was really excited with upcoming Q reports, now I cant be bothered to even open the link. Thanks for sharing tho
  13. I have few questions in my head. Let's assume there is a Data provider which does extremely good and he earns constantly the reward (Spark). Isn't it expected that this will draw attention to Spark holders, making them delegate their vote to that Data provider? 1) Doesn't that mean that the voting will get centralized over time since more and more people will use the same Data provider? 2) If one data provider gets like 70% of totals votes, how can 30% outvote him? 3) Can't that one data provider intentionally provide wrong data and get benefit out from it if he has like 80% voting power? For instance, can't he say that XRP price is 0.0001 dollar, making flare loan / mutual go mental and people lose money? @brianwalden @Flintstone guys, what is your opinion here? I would be happy to hear it. Thank you
  14. Thanks ! Yesterday I learnt there are Data providers and Agents. I thought they are the same, oops. Data providers send the price feed to FTSO and they get paid in FLR for doing so. Top and bottom 25% get nothing. Agents are responsible for minting F-assets (providing FLR as collateral), for doing that they get paid in underlying asset (they take small conversion fee). ************************* Lets say I have 100 FLR and I delegate 70 FLR to a Data provider. Can I move 30 FLR to Flare Farm or I can move all 100 FLR? Thanks Brain!
  15. Can someone clarify few things for me please? 1. Once we get FLR, we can delegate our vote to an Agent. If that agent is doing a good work, he will get payed in FLR and part of the reward will be distributed to us. Correct? 2. Can I move FLR delegated to an agent to Flare Farm, or they are locked? 3. XRPs we have, we can convert them to FXRP, and "give" them to an agent (?). For doing that, we will also get FLR. Correct? Can I move this same FXRP for Flare Finance or I can make a choice, 50% to an agent and 50% to Flare Farm?
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.