Flare ☀️

@FlareNetworks

Put your XRP to work in DEFI ON FLARE: Non-custodial, secure, on-chain.

linktr.ee/FlareNetwork

Joined February 2019

Replies Reposts Media Articles

Pinned
Flare ☀️
@FlareNetworks
Aug 3
XRP now has institutional credit rails on Ethereum mainnet, enabled by @FlareNetworks. FXRP is live as collateral in @SentoraHQ's RLUSD vault on @Morpho — supply FXRP, borrow RLUSD, permissionlessly. A milestone for $XRP in institutional DeFi 🤝 app.morpho.org/ethereum/varia…
00:00
174
Flare ☀️
@FlareNetworks
4h
DCENT has announced that there is an issue with their SOFTWARE wallet only. DCENT have stated that the Hardware based wallet is unaffected. Through this DCENT exploit and based on information received from DCENT, we believe that 7 addresses that interacted with Flare are
11
Flare ☀️
@FlareNetworks
8h
Flare Summer Signal ended. But Flare devs keep building. @Astryum_ maps XRPL and Flare in one place, then puts XRP to work as FXRP through Flare Smart Accounts.
Astryum
@Astryum_
23h
The $2,000 Flare Summer Signal prize just landed while we were working on the app. 2nd of 217 in Bounty 1. Thank you @FlareNetworks and @FlareDevHub 🙏 Naturally we checked the transaction from inside Astryum's activity feed and then the explorer. astryum.xyz
00:00
7
Flare ☀️
@FlareNetworks
15h
XRPFi activity on @Morpho continues to grow. FXRP sits on Morpho's open credit infrastructure through @FlareNetworks and @SentoraHQ, and usage keeps building on those rails.
00:00
1
Flare ☀️
@FlareNetworks
22h
$6.35M RLUSD borrowed against FXRP with 89% utilization. Next: Flare Smart Accounts will collapse the flow so XRP holders can plug straight in from XRPL — same @SentoraHQ curated deep stablecoin market, fewer clicks to get there.
amiiiii ☀️
@_WaterAmi
22h
7.13M $RLUSD supplied. 6.35M borrowed against FXRP. now here's the number thats v interesting: 89% utilization that means of every $1 of RLUSD lenders put in, ~$0.89 is already borrowed out against FXRP. that's capital actually
5