Easy money! Buy FLR, wrap it and delgate. If the FIP01 proposal goes through (likely it will) you will 6,66 your money. The wrapped and delegated FLR will be the 15%, you will receive the remaining 85% over the next 36 months. Not to mention the compounding effect from your delegation rewards.
It's possible, but have definitely seen this scenario with other tokens that went down in price 90% over the last year. The question is if they can create enough value fast enough to keep up with the rewards.
The thing that will help Flare is that it was airdropped towards the end of a bear market. So, as the bull market starts, it will have a better chance to make it. Also, vote Yes on FIP01.
I really enjoyed your honest review. Alot has happened positively for Flare since your review from 6 months ago now. Yes. I am day one supporter and long on both SGB and FLR
I actually learned about FLR from Atomic wallet! Got a notice today that I can now stake Flare. I was like, WTF is Flare?! I assume Atomic did lots of due diligence before adding FLR, and to do it so early for them is interesting
Thanks for this video, you should make more videos about flare Network, you are the best explaining every detail, much better than flare community. Saludos desde México Lindo y Querido!!! 😜
Those who sold their IOUs and do not support the proposal: why not buy your flr back now its tanked and get 6x your flare instead of voting no or moaning.
jo pad! There's hope! twitter.com/robchristiansen/status/1611031077719576578?s=20 Jan 24 we'll find out if Celsius holders can claim their airdrop by an official court ruling. Since it wasn't part of their assets prior to bankruptcy.
Love your videos Dan! What do you think about flare finance as a differentiator above chain link? I also have concerns on competition with Xdc….thoughts on that?
@@FullValueDan the 'fly in the ointment' could be those exchanges that held back. They could use the customers collective vote to scupper the whole thing.
So basically, Flare Network hacks on other blockchains using a small fee. Although it is decentralized, only Flare has the tech and no one else. So really the smart contract is centralized to the flare network. Hahaha 'can be used in any Blockchain as long as it supports the Flare Network.' 🤔