Flare (FLR)

“The upcoming Governance proposal FUNDAMENTALLY RELINKS $FLR token economics to current and expanding usage of the ecosystem.”

TOKENOMICS IS EVERYTHING. https://t.co/c4EtL3lSak

Okay, here’s where we are and what’s coming.

Yesterday, Flare hit another major milestone with Confidential Compute going live on testnet.

This is going to unlock a new wave of applications for XRPFi and institutional use cases. I expect adoption to start gradually, then accelerate quickly once one or two major use cases break through.

Over the weekend, I’ll be helping developers building with TEEs and Flare Smart Accounts to create new solutions.

There are also several important pieces connected to FCC, including meaningful updates around both FDC and FAssets.

I’m especially excited about what’s coming for FAssets, because it should give exchanges and custodians much more seamless access to XRP yield, with important unlocks for future integrations. More on that soon.

Another big thing the community is waiting for is the FIP. I’ve gone through the draft, and once it’s published, I think people should take the time to read it carefully because it will reshape Flare over the long term, in a positive way.

Making Fassets safer, by introducing stables as collateral, and more capital efficient, by introducing the core vault, massively improved Flare as a product but substantially reduced the role of FLR in the ecosystem.

The upcoming Governance proposal FUNDAMENTALLY RELINKS FLR token economics to current and expanding usage of the ecosystem.