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

JASCoder

By JASCoder,
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JASCoder
JASCoder

JFYI (tweeted two hours ago) :   

B088IN
B088IN

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

Chocobo
Chocobo

Nice, I skipped this airdrop but increased by $SGB stack by +30%. Sold 10 minutes before the snapshot and bought back in near the bottom.  Right back into delegating and more rewards!  

Guest

Guest

Posted
Posted

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.

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Seoulite

Seoulite

Posted
Posted
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. 

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Seoulite

Seoulite

Posted
Posted
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.

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Guest

Guest

Posted
Posted
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.

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brianwalden

brianwalden

Posted
Posted (edited)
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
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