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Flare Finance public Beta - TAKE TWO !!


JASCoder

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I was going to revive my old beta post with this news this weekend, but might as well tag along here.  :) 
 

That NFT sale for 5 ETH has set a nice initial benchmark price and there’s another 250 up for grabs in the Public Beta.


Public Beta One was cut short due to the Flare Coston Network being upgraded. So now that has been completed, the Public Beta will relaunch at the end of this week.

There will likely be a warm up period to setup wallets and tokens etc before the competition goes live.

MetaMask and D’Cent are compatible platforms/apps for participating in the beta if you fancy it.

If you’d like to know more about participating and setup, you can join the Flare Finance Discord here https://discord.gg/flarefinance or ask any questions here if you like.

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Hmm...  I dunno.   I am a bit uncomfortable with FF.  I just went to the discord link.  I don’t use discord so the whole UI seems a bit user-unfriendly to me but I tried anyway.  
 

I get a captcha-bot that presents me with distorted text to type in proving my hue-manatee.

My first go fails,  so I look closer and realise there was another letter lurking there.  Retry but fail again.  Cant see any alternate to what I typed,  but only have one attempt left.  No way to click ‘try another captcha’ or suchlike.  So that’s a bust.

Ok, let’s look at the flare finance faq.  I get down to the part about we don’t want to reveal our identities so the powers that be won’t assassinate us...   and now I’m turned off the whole thing again.

This is about the third time I’ve thought I should look into it,  but as soon as I do red flags jump up and dissuade me from proceeding.

 

The ONLY reason I’m still slightly interested is because of @CountZerpula and @Flintstone and others here being participants.  They are smart and decent folk so it gives the thing more credence than I would assign it otherwise.

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7 hours ago, BillyOckham said:

Hmm...  I dunno.   I am a bit uncomfortable with FF.  I just went to the discord link.  I don’t use discord so the whole UI seems a bit user-unfriendly to me but I tried anyway.  
 

I get a captcha-bot that presents me with distorted text to type in proving my hue-manatee.

My first go fails,  so I look closer and realise there was another letter lurking there.  Retry but fail again.  Cant see any alternate to what I typed,  but only have one attempt left.  No way to click ‘try another captcha’ or suchlike.  So that’s a bust.

Ok, let’s look at the flare finance faq.  I get down to the part about we don’t want to reveal our identities so the powers that be won’t assassinate us...   and now I’m turned off the whole thing again.

This is about the third time I’ve thought I should look into it,  but as soon as I do red flags jump up and dissuade me from proceeding.

 

The ONLY reason I’m still slightly interested is because of @CountZerpula and @Flintstone and others here being participants.  They are smart and decent folk so it gives the thing more credence than I would assign it otherwise.

Hey Tiny. Yeah, that Captcha bot was only just implemented as there was an influx of scammer bots, but glad you managed to pass the Black Knight.

Regarding the FAQ, that is currently being re-worked and regarding the anonymity, there is some news in the pipeline that should ease some concerns. I’ve also had conversations with the founders recently which highlighted their dedication into the future and the new APY Cloud is like nothing else, which is tailored to weather market cycles - so long term rewards even through the bear markets.

So all in all, definitely worth participating in the TestNet environment, just to get the swing of DeFi. And as time goes by, you can assess Flare Finance on merits and if you still have any concerns by the time FF launches, you could only risk your airdropped DFLR/YFLR to begin with.

I’m pretty confident the founders may reveal their identity by launch, especially if it would increase platform volume.

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20 hours ago, BillyOckham said:

The ONLY reason I’m still slightly interested is because of @CountZerpula and @Flintstone and others here being participants.  They are smart and decent folk so it gives the thing more credence than I would assign it otherwise.

Appreciate the sentiment @BillyOckham:drinks:... I can only echo what I'd earlier mentioned about my experience around the project.

As far as any red flags, or issues surrounding anonymity - that's something that each person will need to reckon with. As with anything else in life, if something seems off to you, either get up as close as you can to investigate, or steer clear and let someone else be the first one through the door :lol: ... For my money, the anonymity was more of a curiosity than anything. It was known early on in the emergence of the project that they had revealed their identities to the Flare team and that, if Flare wanted to divulge that information, that they were free to do so at their discretion. Likewise, any member of the team who might choose to come forward is open to do so.

The way I see it, this isn't the first instance of a project either initiating, or even operating under some measure of anonymity - from Team Rocket with Avalanche, to Satoshi with Bitcoin - it just wasn't an issue for me. How the team interacted with all of us in the earlier days of the project really impressed me - along the way they've been there for support during all of the beta testing and, from there, we'll all be able to see the results of the auditing once it's complete. That's good enough for me, and you can bet that I won't be putting one red cent on the line if I'm not totally comfortable - but I'm really happy with what I see every time I head over there. 

People interested in the project went from a group of a few hundred people, to thousands of people very quickly, and, despite the inevitable chaos that comes with such a large group - Discord & Telegram can both be a mess -  all you ever see is one person after the next going out of their way to help somebody else, so definitely drop by if you're curious.

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Launch update: Officially the flood gates were opened at PST 12 noon, and things are off to a bit of a rocky start, again heh.

For now, the faucets are swamped, and the general chat is generally salty...

So, when the going gets tough, the tough go get lunch.

( I'll update after I have succeeded in acquiring my starting juice )

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1 hour ago, JASCoder said:

Launch update: Officially the flood gates were opened at PST 12 noon, and things are off to a bit of a rocky start, again heh.

For now, the faucets are swamped, and the general chat is generally salty...

So, when the going gets tough, the tough go get lunch.

( I'll update after I have succeeded in acquiring my starting juice )

I'm planning to join in this time, but won't be able to set it up until this evening. How long is it running for?

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3 minutes ago, Seoulite said:

I'm planning to join in this time, but won't be able to set it up until this evening. How long is it running for?

From the Medium site at link Friend Fred provided ^^

Quote

The Open Beta Reboot will begin at 12:00 PM PST on Sunday, April 11th, 2021 and run for 2 weeks ending at 12:00 PM PST on Sunday, April 25th, 2021.

 

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9 hours ago, Seoulite said:

@JASCoder

trying to join the beta but it says the RPC URL is not correct. On that document you linked it says the URL is going to change but it doesn't tell you what it's changing to....

G'day Seoulite, it's my morning here in California; it's 2AM in Tokyo. Here's what I know so far today...

In the FF Discord, under "announcements," is the msg:
FlareNetworks is undergoing a system upgrade...
Team is working round the clock.
Public Beta will resume contest soon!
( and this link to their Twitter... )

https://twitter.com/DeepSpaceFlare/status/1381499761807646722

Edited by JASCoder
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3 hours ago, JASCoder said:

G'day Seoulite, it's my morning here in California; it's 2AM in Tokyo. Here's what I know so far today...

In the FF Discord, under "announcements," is the msg:
FlareNetworks is undergoing a system upgrade...
Team is working round the clock.
Public Beta will resume contest soon!
( and this link to their Twitter... )

https://twitter.com/DeepSpaceFlare/status/1381499761807646722

Thanks mate, I’ve joined the discord. I’ll stop bothering you with questions now :D

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