This is the MOST OVERLOOKED metric costing Flare stakers & delegators rewards right now. Anyone staking to Flare validators or delegating to providers must be aware of the “minimum conditions” introduced in the last major FTSO update. Although this system has been in place for some time. If you're delegating FLR, understanding these conditions and their impact on your rewards is crucial. Every reward epoch, each entity (data providers/validators), is graded on their performance and either earn or lose "passes". This is a system that decides if the entity (and their delegators) will keep their rewards. They are judged on four protocols (conditions): 1⃣ FTSO (anchor feeds): Submit prices close the consensus median within a 0.5% band in at least 80% of rounds. 2⃣ FTSO (block-latency feeds): Submit at least 80% of expected updates (based on entities weight, entities with <0.2% of total wait are exempt). 3⃣ FDC (data connector): Participate successfully in 60% of rewarded rounds. 4⃣ Validators (staking): Validator must maintain 80% uptime and maintain at least 1m FLR self-bond. Passes are like "get out of jail free" cards, and each entity can have at 3 passes at most. When an entity fails to meet any one of the previously mentioned conditions, they lose a pass. Rewards are not at risk so long as the entity finishes a reward epoch with at least 0 or more passes. In other words, an entity may fail at most 3 of the conditions and still be eligible for rewards. But if they fail all 4 conditions or have no passes AND fail a condition, their rewards are burned for that reward epoch (again, including their delegators). All entities start with 0 passes and can earn passes (up to 3) by meeting all conditions for a given reward epoch. There is a small caveat for entities to earn additional passes which is that they must have 3M FLR self-bond AND 15M FLR total active stake. This applies only for earning passes and does not lose strikes (as noted, only 1M FLR self-bond is required to meet the minimal staking condition. For clarity, a provider who doesn't meet minimal conditions and has no passes will have all their reward burned, not just for individual protocols they fail, but for ALL. This includes "delegation" to data provider AND validator delegations. It is typically okay for a provider form time to time to lose a pass, so it is more important to view the providers HISTORY of minimum conditions. How quickly did they regain passes? Do they often lose passes? Where can you see this? Flare Metrics.

Validator APR now reporting correctly thanks to @flaremetrics 🧑‍💻

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/…

Here's a little app we wrote... you might want to check it mint by mint! Introducing the new AU FAssets Explorer to bring peace of mind to your minting journey! 🔎 Search your transactions and get a live view of their status. 📊 Explore various statistics such as the top agents and minters. Get insight, be happy! (link below in next post)

Trade. Borrow. Stake. Compose. With FXRP, XRP awakens. The countdown is on.

Just updated with latest emissions data from Blazeswap, Sparkdex & Enosys! Record timing for us I think! Also, we've given our UI a little refresh and added a download as CSV for emissions data. (sorry for previous delays, working on improving this!) flaremetrics.io/defi/emissio…

Flare's rFLR Emissions Program is still in full swing, see the latest APR's for pool yields and lending protocols [NEW: Enosys & Cyclo Finance]: flaremetrics.io/defi

Wanna know where to find the best yields for rFLR emissions on @FlareNetworks? Check @flaremetrics user friendly list where all APR info is listed 👉🏽: flaremetrics.io/defi