$FODO value increase in three ways
1. The trading volume, as 1% is burn per transfer
2. The bull demand of the $FODO
3. The increase value of $FLR
Invest and hold and let it to the moon
@Overdose@XRPL_Tokens@fluffycrypt
Holder As many $FODO
Now its good time to invest
$FLR will be to the moon and $FODO value will increase with it
$FODO burn 1% per transfer
Our Game is temporary close, in the time will open
@Overdose_AI@FlareLaunchPad
There are currently 13,453,379,262 $FLR staked to a total of 147 #Flare validators which equates to 15.83% of the circulating supply. There are 6,281 delegators staking. Check flare.builders/validators for the current state of Flare validation. 🤖
A step-by-step guide to minting $FXRP:
Make sure you have enough $FLR for the collateral reservation and the required $XRP in your connected wallet.
Once ready, simply approve the two transactions. fassets.au.cc
Do you know?
$FODO
Burn 1% per transfer
This result in burning in the millions and about 4.1% has been burned
This continues
#FLR#flare#Flarecommunity$FLR
DeFi creates value on every chain.
On most chains: searchers take it. Dead end.
On Flare ( if FIP 16 passes): the protocol captures it, burns FLR, funds growth, and strengthens the network.
Same activity. One system leaks. The other compounds.
What do you want more info from on FIP.16?
FIRE governance?
Inflation mechanics?
Staking changes?
Protocol-level value capture?
Drop your questions below and we'll address the top ones live.
FIP.16: Your Questions, Answered.
@HugoPhilion, @j00sko, and @0xQuantic go live to break down the FLR governance proposal - inflation, FIRE, protocol-level value capture, staking, and everything the community has been asking about.
Set your reminder👇
What does the path from 5% to near 0% look like?
Step 1: Governance cuts inflation to 3%.
Step 2: 20x base fee = ~300M FLR burned/yr at current volume.
Step 3: Every new transaction widens the burn.
Scheduled reductions burn mechanisms drive net inflation toward the goal.
A new governance proposal is live: Introduce $FLR Value Capture Framework
What it’s about:
• Lower inflation: Annual inflation falls from 5% to 3%, and the yearly inflation hard cap drops from 5B FLR to 3B FLR.
• Stronger fee burn: the base gas fee rises 20x, from 60 gwei to 1200 gwei, resulting in est. 300M FLR burned per year at current transaction levels.
• Protocol-level revenue accrual and FIRE setup: Establish a framework to collect flows from protocol fees and captured MEV from DeFi activity on Flare with scope to further reduce annual inflation.
proposals.flare.network/FIP/…