FlareNetwork explorer covering onchain data, DeFi & oracles. Building, learning, helping, sharing insights & connecting across @FlareNetworks โ๏ธ & XRPfi ๐๐
New York City, NY
Joined August 2009
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The simple part is the wallet. The interesting part is the control plane.
You sign one XRPL Payment. Intent is packed into the memo/payment reference. FDC attests it, MasterAccountController maps that address to a PersonalAccount on Flare, then mint FXRP + vault deposit execute without an EVM key, without FLR gas, and without a second seed. ๐
After that itโs just allocation. One receipt token. Curator runs the strategy. You keep the XRPL key. ๐
Use flare-networks:native
Flare isnโt just building DeFi around XRP anymore.
Joining the XRPLF recommended validator list means Flare now has a direct voice in XRPL consensus โ validating new ledgers and voting on amendments.
Supporting the base layer that FXRP and the rest of the Flare ecosystem depend on. Long-term alignment, not just surface-level integration.
FlareLens ๐โ๏ธ retweeted
Flare has joined the XRP Ledger Foundationโs recommended validator list.
Servers following the @XRPLF list now count Flareโs votes on new ledgers and amendments.
Operational responsibility for XRPLโs reliability and evolution, and a long-term commitment to the @XRP ecosystem ๐ค
FlareLens ๐โ๏ธ retweeted
Very important to understand this: FSA Custom Instructions create the programmable account and authorization layer that will let credit products be built around an XRPL user.
Because of this, an XRP holder can sign once on XRPL and control a real lending position across multiple clains like Flare and Ethereum.
Custom actions can include borrowing, managing collateral, repaying and withdrawing, among many others.
Flare Smart Accounts allow you to do more than just mint FXRP. โก๏ธ
With Custom Instructions, an XRPL transaction can authorize a specific set of actions to be executed through your Smart Account on @FlareNetworks.
The 0xFE memo marks that XRPL payment as a Custom Instruction. It carries a commitment to the full Smart Account operation, so the executor can relay it, but cannot change what the user authorized.
That means an XRPL transaction can do things like mint FXRP, move it into a lending subaccount, bridge it to another chain and execute DeFi logic there, all from one signed intent.
Learn more about Custom Instructions here: dev.flare.network/smart-accoโฆ
Hallo Arno, je zorgen zijn begrijpelijk, vooral gezien het kapitaal en de risicoโs van vroege deelnemers die zich aan Firelight hebben verbonden. Het is echter belangrijk om onderscheid te maken tussen beloningstoewijzingen, individuele deelname en de uiteindelijke verdelingsberekeningen. Deze zijn niet noodzakelijkerwijs vergelijkbaar met EigenLayer of Uniswap, aangezien elk protocol werkt onder een andere incentivestructuur. Transparantie is essentieel en deelnemers verdienen een duidelijke uitsplitsing van hoe hun beloningen zijn berekend. Heeft u uw individuele toewijzing herzien ten opzichte van uw oorspronkelijke storting en deelnameperiode?@UnstoppableArno
FlareLens ๐โ๏ธ retweeted
Step by step walkthrough of using Flare Smart Accounts to deposit to @Firelightfi
youtu.be/n1QQ1UgzfGc
Hi Flaremount, good question. The withdrawal flow has changed with Firelight 2.0, so the previous ~48-hour timeline no longer applies in the same way. Check your messageโ Iโve sent you the details on how the updated withdrawal process works.
FlareLens ๐โ๏ธ retweeted
Same XRP. More than one job.
The map with live APYs is here.
โ xrpfi.flare.network/defi
Watch closely ๐ flare-networks:native
As @Firelightfi moves toward launch, the docs spell out the coverage protocol's details.
Who participates. What is covered. How claims and payouts run. FXRP / stXRP and the Phase 1 to Phase 2 transition.
FlareLens ๐โ๏ธ retweeted
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 affected for a total amount of 30,507 XRP.
No deposits from these 7 addresses have been made to the Clearstar vault or have interacted with any other protocol on Flare.
Any loss, whilst unfortunate, is borne by the affected DCENT user. No Flare protocols or applications built on Flare are affected at the protocol level from this exploit. Nor does this exploit affect the solvency of any vaults, protocols or applications on Flare.
Based on the information we have at this time the total exposure of DCENT software wallet users is 30,507 XRP.
If you are worried that you may be affected by the DCENT software wallet exploit please contact DCENT directly.
Hey, thanks for clarifying ๐๐ป Since this is your first time staking and youโre seeing Flare (P) in Bifrost, it sounds like you used P-Chain staking with Price Kraken. You may not have done anything wrong, as P-Chain rewards are finalized based on the staking period rather than appearing like regular delegation rewards. Can you check the stake in Bifrost and tell me the end date/status it shows? Thatโll help narrow down exactly whatโs happening. @Zeviax3
That doesnโt sound right. If you staked with Stakeway and received no rewards while the position appears ~2,300 FLR lower, Iโd check the staking transaction and validator performance before assuming those FLR were actually lost. SparkDEX is a different DeFi strategy, so its returns and risks arenโt directly comparable to native P-Chain staking. Which wallet did you stake from, and do you have the transaction hash?
@Cojack19113
FlareLens ๐โ๏ธ retweeted
Private execution. Public verification.
@HugoPhilion with @MR_MOON_XRP on what institutions actually need before more assets move onchain โ and what Flare Confidential Compute is built for.
FlareLens ๐โ๏ธ retweeted
Flare Korea ์ํฌ์์ ํจ๊ปํด์ฃผ์ ๋ชจ๋ ๋ถ๋ค๊ป ๊ฐ์ฌ๋๋ฆฝ๋๋ค! ๐ฐ๐ท๐ฅ
์ค๋ Flare์ XRPFi์ ํ์ฌ์ ๋ฏธ๋, ๊ทธ๋ฆฌ๊ณ ํ๊ตญ์์ ๋ง๋ค์ด๊ฐ ๊ธฐํ์ ๋ํด ๋ง์ ์ด์ผ๊ธฐ๋ฅผ ๋๋ด์ต๋๋ค.
ํจ๊ปํด์ฃผ์ @Mr_MOON_XRP , KWeather, ๊ทธ๋ฆฌ๊ณ ๋ฌด์๋ณด๋ค ํ์ฅ์ ์ฐพ์์ฃผ์ ์ปค๋ฎค๋ํฐ ์ฌ๋ฌ๋ถ๊ป ๊ฐ์ฌ๋๋ฆฝ๋๋ค.
์ค๋์ ๋ง๋จ์ด ๋ค์์ผ๋ก ์ด์ด์ง ์ ์๋๋ก ๊ณ์ ๋ง๋ค์ด๊ฐ๊ฒ ์ต๋๋ค.
๊ณง ๋ค์ ๋ง๋์๐ฅ
#Flare #XRPFi #XRP
Hi Alain! Got it. Since youโve only been staking for two weeks and havenโt initiated a withdrawal before, the staking duration isnโt the blocker. The Step 4/4 failure indicates the redemption transaction isnโt being confirmed after signing. Are you seeing a transaction hash in your DโCENT history for that failed attempt? @Stewieaf2
Hey Jason, completely understand. Youโre not the only one whoโs had that experience with Xaman. The important distinction is that the ~50 XRP shown in that example isnโt the normal XRPL network fee, itโs a 0.5% service fee tied to that specific yield product. So moving away from Xaman alone wouldnโt necessarily eliminate it. Have you tried FXRP or any of the newer Flare yield options since then? @Tripolarsoul123
FlareLens ๐โ๏ธ retweeted
JUST IN: Firelight @Firelightfi raised $8M led by @GumiCryptos to backstop DeFi vaults using staked XRP on Flare.
The @SentoraHQ-incubated cover protocol already holds $76M in XRP, with first integrations launching this month into a market where onchain protection covers just 0.1% of DeFi.
First integrations go live this month.
Read more here:
thedefiant.io/news/defi/fireโฆ
FlareLens ๐โ๏ธ retweeted
New community resource for XRPFi ๐ฐ๐ท
xrpfi-flare.io provides a step-by-step onboarding path for Korean users exploring Flare.
It covers the full journey from getting started to actually using the ecosystem:
โข Wallet setup and FXRP minting
โข FLR staking and FTSO delegation
โข XRP vaults and DeFi strategies
โข Lending and collateral strategies
โข Scam prevention and security
Resources like this make a real difference when they turn a complex ecosystem into something people can learn and use one step at a time.
Explore: xrpfi-flare.io/
Thatโs one of the trade-offs with staking through a centralized exchange like Uphold. Since FIP.16, the reward structure has evolved, so exchange-based staking may not capture the same opportunities available on-chain. Are you currently keeping all your FLR on Uphold, or do you also use a self-custody wallet? @still4401
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FlareLens ๐โ๏ธ retweeted
๐ฐ๐ทKorea, we're coming to give a hands on workshop.
@FlareNetworksKR is hosting an XRP DeFi workshop in Seoul, September 5.
More dates are landing on the events page. Bookmark it โ some of them may be near you.
flare.network/events
Good day, Kelly. If youโre using Xaman, youโre most likely accessing Upshift through the Flare Smart Account, not the Monarq vault shown here. Monarq currently offers the higher yield ~6-14% , so youโd need to change the strategy directly through your Flare Smart Account. Feel free to ask if you have any questions about the process. @xrpkelly
