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When @IOV_OWL asked @HugoPhilion about the importance of education, he rightly mentioned @CommunityFlare, @lIllIlllIIIll, @Moonchaser2020, @sentosumosaba, and @Santiag78758327 for their excellent insights into the #Flare ecosystem and their deep understanding of #FlareNetworks protocols. To my surprise, Hugo also mentioned me. As a newcomer sharing my passion for @FlareNetworks, I didn't expect this recognition. Many others deserve credit too; I'm just a small part of a larger puzzle. I'm honored and grateful for the shoutout and the chance to help others learn. Thank you, @HugoPhilion, for the kind words.
✅ Two weeks
💸 $56 Million $XRP
🧢 Capped
🏦 No Institutions
📈 Insane Demand
➕ More Integrations
Higher.
It's amazing how fast $FXRP minting caps are reached. FAssets solves scalability and transaction issues that once limited XRP’s DeFi participation. Institutions are eager to deploy. The contributions of developers, the team, institutions, and individuals are invaluable. People say it happens “all at once.” ☀️
These cap raises for $FXRP are like weekly Christmas gifts. I never stop getting excited.
Did not expect this! Another bonus for minting $FXRP - free merch.
I just awakened my XRP on @FlareNetworks and took FXRP for a spin for a chance to win sweet prizes.
Take your FXRP for a spin here xrpfi.flare.network/share?sh…
Valuable insights from the interview. Key topics discussed:
Hugo @HugoPhilion x Paul @paulbarron - Timestamps 🚀☀️
FAsset Launch (0:30) bit.ly/3KnfzBR
What are FAssets? (2:00) bit.ly/3Ko9iWv
Overcollateralization (2:46) bit.ly/46HpxFJ
FXRP Caps (5:05) bit.ly/4gRxTPK
FAsset Security (6:05) bit.ly/46HlMA7
Flare Oracles (9:06) bit.ly/4nops0w
Independent Agents (12:12) bit.ly/4nrkYXd
Billions of XRP at Work (13:16) bit.ly/4no28QB
Yield/Firelight (15:44) bit.ly/4noKFYt
Adoption (19:22) bit.ly/3VCNRU4
XRP vs FXRP (22:05) bit.ly/4mC4Alu
XRPL and Flare (27:16) bit.ly/4mFax0J
Lending (29:56) bit.ly/46pHwBB
Institutional/Flare ETF (32:36) bit.ly/46KvFgo
Flare Roadmap (36:06) bit.ly/3Wah9tf
Native DEX (43:33) bit.ly/4mxFZ0Z
Crypto Competition (44:57) bit.ly/46oXT1b
Ripple (46:43) bit.ly/42e2O2F
Short-Term Developments (47:57) bit.ly/3Wahr3j
XRP and Stellar (49:46) bit.ly/4mDCZjN
Regulatory Landscape (51:38) bit.ly/4pXbFjs
$FXRP cap increases:
- 10 million (Sept 29 - Oct 5)
- 20 million (Oct 6 - 12)
- 35 million (Oct 13 - 19)
- 50 million (Oct 20 - 26)
- 70 million (Oct 27 - Nov 2)
By late October (around Oct 29), the $FXRP cap on Flare will reach 70 million, per Hugo. Caps will rise quickly. Mint when the opportunity arises, but don’t rush.
Additional yield opportunities will become available soon with @Firelightfi.
Risk mitigation is key for FAssets. The higher the cap the more institutional adoption. The team’s cautious, efficient scaling approach is A+ 🚀☀️
Flare $FLR has reached its highest rank on @CoinMarketCap, now at #50. This is just the beginning 🚀☀️
Davis Brooks retweeted
Flare’s FAssets system enables FXRP: a 1:1 ERC-20 representation of XRP, extending XRP’s utility in DeFi — from borrowing collateral to liquid staking.
Explore FXRP: dev.flare.network/fassets/ov…
For over a decade, XRP has powered fast and efficient settlement at scale.
FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi.
Mint today:
fassets.au.cc/mint
fasset.oracle-daemon.com/fla…
Davis Brooks retweeted
It's here.
$FXRP is now live on @FlareNetworks.
@OxenFlow currently supports both $FXRP and $XRP directly within the application.
In the coming weeks, we will be releasing minting and redemption functionality which allow users to move their $XRP back and forth between Flare and the XRP Ledger.
If you can't wait to get your hands on some $FXRP, we have opened up a @USDT0_to swap pair in the meantime.
Happy bridging!
For over a decade, XRP has powered fast and efficient settlement at scale.
FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi.
Mint today:
fassets.au.cc/mint
fasset.oracle-daemon.com/fla…
I love this community and everyone over at @FlareNetworks. I believe in this team. Congrats on FAssets mainnet launch. Excited to see this scale 🚀 ☀️
For over a decade, XRP has powered fast and efficient settlement at scale.
FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi.
Mint today:
fassets.au.cc/mint
fasset.oracle-daemon.com/fla…
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Davis Brooks retweeted
Results are in for this weekend's hackathon hosted by @easya_app, @xrpl_commons, @FlareNetworks, and @HBSCryptoClub.
3 tracks, 3 winners per track, here's what shipped at Harvard.⬇️
DeFi is powerful. @FlareNetworks will make it easy to use for everyone.
Flare unlocks yield for major crypto assets. Treasuries worldwide are rapidly accumulating these assets. Treasury strategies are built on @FlareNetworks! 🚀
The first XRP-backed stablecoin comes to @FlareNetworks with @enosys_global Loans ☀️
→ Launching with FXRP and wFLR, then stXRP and other FAssets
→ Backed by Collateralized Debt Positions (CDPs) mechanism
→ @LiquityProtocol V2 friendly fork + Stability pools + FTSO-powered pricing
→ rFLR rewards for early usersFor XRP: Extra utility.
For XRP holders: liquidity without selling.
For Flare: deeper FAssets adoption + stablecoin liquidity for DeFi.
Learn more: flare.network/news/enosys-lo…
Curious to know if @FlareNetworks has any updates on the @FlareNetworks x @red_date_tech collab on new decentralized identity KYC solution for mainland Chinese visitors in Hong Kong.
Last I heard, Hong Kong was working to introduce regulations allowing digital currencies on public blockchains. Meaning this KYC solution would enable Mainland Chinese visitors with their first opportunity to legally hold public chain wallets and to to access regulated stablecoin services and tokenized financial products without exposing personal identifiable information (PII). This would allow whoever to maintain control over their personal data. This is all possible with Flare’s FDC.
Compliance and Privacy can be hard to get right. Decentralized regulatory compliance solutions are the future and a gateway to creating business in other parts of the world.
With over 40 million visitors pumping $20B+ into HK's economy annually, this could scale, positioning Flare as a first-mover for cross-boarder DeFi in the region.
Flare ☀️ x China 🇨🇳