Popular Post JannaOneTrick 3,097 Posted October 7, 2020 Popular Post Share Posted October 7, 2020 (edited) https://flr.finance/#Home The platform is still being built on the Coston TestNet. The short paper and other documentations will be available later on, as well as the information about their team on their website. Hugo Philion @HugoPhilion (CEO of Flare Network) talked with their team and liked the idea. Below you can see Flare Network tweet regarding Flare Finance: Also Hugo from Flare Network yesterday: Flare Finance target market is XRP (and other crypto) holders seeking to diversify access to financial products that become possible thanks to the Flare Network Once the platform is fully operational, and of course after Flare Network snapshot, XRP holders will be able to benefit from the wide array of solutions developed by Flare Finance. Their products include: Decentralized Swaps and Margin Trading Asset-Backed Loans Yield Farming fUSD Stable Coin Yield Mining Insurance Here the tokens namely: FlareX - Decentralized Margin/Spot and Swaps Exch YieldFin - Dec. Yield Farming Platform FlareMutual - Dec. Flare Insurance Provider FlareLoans - Dec. Asset Backed Loans FlareUSD - Flare Network Stable Currency FlareLink - In-Browser Mining and DApp Browser I am regularly in talks with their founders to find out more about their Dapp. You can contact them in the links below, they are very open to discussion. Flare Network exists to make smart contracts possible between the XRPL and the EVM. But it needs developers to create Dapps on the Coston TestNet, developed specifically by Flare Network, in order to see this new utility through smart contracts. Flare Finance is currently running a giveaway on twitter And as clarification for those who are confused (winners will obtain 100 XRP, which will grant them 100 Spark if held until the 12th December): Some additional general things about Flare Finance: GitHub Twitter Discord Telegram Edited October 8, 2020 by JannaOneTrick Eric123, Truckdriver, KarmaCoverage and 9 others 9 3 Link to post Share on other sites
thinlyspread 3,190 Posted October 7, 2020 Share Posted October 7, 2020 Three more tokens though?! Really?! LetHerRip, SquaryBone and pucksterpete 1 2 Link to post Share on other sites
Duke67 1,911 Posted October 7, 2020 Share Posted October 7, 2020 20 minutes ago, thinlyspread said: Three more tokens though?! Really?! I like it. The more, the merrier. Other shitcoins/shitnetworks based their whole existence on tokens issuing, and now I can't see any real reason why XRPL+Flare can't have done it better and actually the right way. This space is huge with many opportunities and many busy years are coming. Cesar1810, LetHerRip and thinlyspread 2 1 Link to post Share on other sites
jn_r 771 Posted October 7, 2020 Share Posted October 7, 2020 In an EVM world (like Ethereum or Flare) it is pretty easy to build functionality and deliver value in the form of a coin. This functionality can be e.g. a derivative that is based on value of other tokens on the network. So not necessarily an IOU, it can be completely decentralized in itself. This is what I see the value of DeFi, basically decentralized derivatives. (But note b.t.w. that UK plans to ban derivatives on crypto - https://cointelegraph.com/news/uk-s-fca-bans-retail-crypto-derivatives-after-year-long-consideration - which is weird imo ...) Not saying that these new coins are per definition ok, one needs to look really good at what is behind the coin .. Cesar1810, JannaOneTrick, King34Maine and 2 others 5 Link to post Share on other sites
jargoman 849 Posted October 7, 2020 Share Posted October 7, 2020 2 hours ago, thinlyspread said: Three more tokens though?! Really?! Without tokens the flare network would be pretty much useless. Julian_Williams, Truckdriver and Cesar1810 3 Link to post Share on other sites
Popular Post thinlyspread 3,190 Posted October 7, 2020 Popular Post Share Posted October 7, 2020 Tokens within tokens within tokens. It's tokens all the way down. It's tokenception. retryW, BillyOckham, Scout and 7 others 2 8 Link to post Share on other sites
Guest Posted October 7, 2020 Share Posted October 7, 2020 Crypto is a mandelbrot set simulation, hence the fractal movement of the market. Link to post Share on other sites
Julian_Williams 12,795 Posted October 7, 2020 Share Posted October 7, 2020 (edited) Its very complicated!...but so is what goes on under the bonnet of my car, or inside the electronics on my refrigerator, or inside the algorithms of a social media site ..... I guess very complicated systems, if set up correctly, can run smoothly and provide added efficiency and easy to use technology? Edited October 7, 2020 by Julian_Williams mistatee2000, DannyRipple and Cesar1810 3 Link to post Share on other sites
PlanK 428 Posted October 7, 2020 Share Posted October 7, 2020 Why mining? Are they adding this outdated wasteful element just to pander to the BTC dinosaurs that think it's not a real coin if it's not mined? KarmaCoverage 1 Link to post Share on other sites
NightJanitor 2,119 Posted October 7, 2020 Share Posted October 7, 2020 2 hours ago, StirCrazy said: Crypto is a mandelbrot set simulation, hence the fractal movement of the market. (Suppresses urge to give Wittgensteinian lecture on subtle dangers of "be" verbs...) Link to post Share on other sites
BillyOckham 3,477 Posted October 7, 2020 Share Posted October 7, 2020 1 hour ago, PlanK said: Why mining? Are they adding this outdated wasteful element just to pander to the BTC dinosaurs that think it's not a real coin if it's not mined? Yeah that’s what I thought also. If so then it’s pathetic and despicable. Link to post Share on other sites
Guest Posted October 7, 2020 Share Posted October 7, 2020 45 minutes ago, NightJanitor said: (Suppresses urge to give Wittgensteinian lecture on subtle dangers of "be" verbs...) Met Wittgensteinian in Cambridge in '33, great guy. Link to post Share on other sites
NightJanitor 2,119 Posted October 7, 2020 Share Posted October 7, 2020 22 minutes ago, StirCrazy said: Met Wittgensteinian in Cambridge in '33, great guy. Thanks for meeting me at the train... appreciated that! :) BillyOckham 1 Link to post Share on other sites
EcneitapLatnem 6,094 Posted October 8, 2020 Share Posted October 8, 2020 two bee or knot too be.... Link to post Share on other sites
strikerjax 658 Posted October 11, 2020 Share Posted October 11, 2020 No airdrop this time? Link to post Share on other sites
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