Ripple (XRPUSD)

[WiseYoda]

Loving how this is unfolding as the Flare ecosystem is utility driven and is preparing the way for long term value to grow. The way they’re motivating holders to participate in rewards is great for longs who have waited it out. Those who are complaining about selling their 15% need to get over it. Its ridiculous to complain about free money or that they wouldn’t have sold if they knew they weren’t going to get the remainder of their Flare. Well, either buy it back or stop complaining. Those who are complaining anyways are the ones who dump on every airdrop. Finally, those who wait it out and support the ecosystem are getting rewarded. The first year of delegating Flare (FTDSO rewards) is going to allow participants to claim twice a week. Thats going to be double the rewards and with the amount of people that have sold their 15% has me guesstimating that longs will end up getting 2-3 more times of Flare then they originally thought when all is said and done. I want to learn more about the tax deferment vote going on in this proposal and will be looking for that Mickey D video next week whose reviewing the Pool Proposal changes.

FLARE:

Earlier this week, we released FIP.01 — Flare Distribution, Inflation & Incentive Pool Proposal.

The previous distribution model and network inflation rates were designed for a single community with a single utility.

☀️A lot has changed in the last two years…🧵
1/ 9 pic.twitter.com/IUhMHF3Xj5

— Flare ☀️ (@FlareNetworks) August 26, 2022

MICKEY D:

When you have spare time, I encourage everyone to read #Flare Gov Proposal FIP.01 in its entirety instead of skimming thru it. In my YT VIDEO🎥 dropping Weds-I’ll be breaking down entire proposal.Feel free to post any questions & comments about proposal 👇 https://t.co/ws9FMwCMpb

— Mickey_B_Fresh☀️🪝 (@MrFreshTime) August 24, 2022