Jump to content

New date for Flare Finance's EXFI snapshot - 12DEC2021


JASCoder
 Share

Recommended Posts

I don't see a problem with this either ladies and gentlemen. This could be HUGE! 

This helps the XRP ecosystem. I say patience is key. 

They say fortune favors the bold. Well, so does a level head and patience. I'm happy to wait.

Link to comment
Share on other sites

1 hour ago, B088IN said:

Some people are loosing their minds over this announcement 🤨

Dont see the problem in it personally. It was free to me so nothing lost and only fair they let enough users as possible get on board for testing. 

Yes I think this is definitely a good thing. The negative voices are loudest but there will be a lot of people who were stuck on exchanges who will be very thankful to FF and will be much more positive towards it in the future. I know I would be if I were in that position. 

Link to comment
Share on other sites

11 minutes ago, Flintstone said:

Yeah, pretty much happened right after the announcement. Guess the price was rising beforehand with anticipation of the EXFI snapshot of SGB.

Interesting that’s good info to have. I’m surprised, but maybe FF has more traction in the market than I thought.

Link to comment
Share on other sites

  • 1 month later...
On 12/9/2021 at 3:36 PM, brianwalden said:

Can anyone provide a source from Flare Finance that SGB/WSGB in Flare Finance's smart contracts will be counted in the snapshot. I've seen this mentioned, but haven't seen it come from the horse's mouth yet.

@Flintstone

<@507703944630501377> For you or the liquidated party? 😅

I had confirmation on WSGB rewards not being included in the delegation vote, so I’m assuming that they won’t for the snapshot, but Bannik did say today that they are trying to include it.

I would claim them to be on the safe side.

This is from a Mod. Here’s my understanding - if your SGB/WSGB is collateralised in either LPs or Loans, it’s included in the snapshot. But any rewards that you get from that collateral, say SGB rewards by staking DFLR or LP tokens - those are not included. You’d have to withdraw them into your wallet.

Link to comment
Share on other sites

2 hours ago, Ripley said:

<@507703944630501377> For you or the liquidated party? 😅

I had confirmation on WSGB rewards not being included in the delegation vote, so I’m assuming that they won’t for the snapshot, but Bannik did say today that they are trying to include it.

I would claim them to be on the safe side.

This is from a Mod. Here’s my understanding - if your SGB/WSGB is collateralised in either LPs or Loans, it’s included in the snapshot. But any rewards that you get from that collateral, say SGB rewards by staking DFLR or LP tokens - those are not included. You’d have to withdraw them into your wallet.

Thanks. I pulled everything back into my own wallet. I don't want to have a loan out when the price might dump.

Edited by brianwalden
Link to comment
Share on other sites

 Share


×
×
  • 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.