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Saved - July 14, 2023 at 6:14 PM

@Swan - Swan Bitcoin

Suddenly, BlackRock has developed an appetite for #Bitcoin

Video Transcript AI Summary
Larry Fink, CEO of BlackRock, expressed skepticism about cryptocurrencies in the past, associating them with money laundering. However, BlackRock, managing trillions of dollars in assets, has now embraced Bitcoin. They have filed for a Bitcoin ETF with the SEC, recognizing Bitcoin as a global asset and a digital form of gold.
Full Transcript
Speaker 0: Have you developed a view on Bitcoin and cryptocurrencies? Well, a, I believe in blockchains. This is Larry Fink, cofounder and CEO of BlackRock, talking about digital currency 5 years ago. But most importantly, when I think about most of these cryptocurrencies, it just identifies How much money laundering there is being done in the world? BlackRock manages 1,000,000,000,000 of dollars in assets for individual investors, pension funds, governments, and other institutions worldwide. We're not hearing clients say that we wanna use this as an asset class. No. 4 years ago, Fink's answer began to sound a bit more ambiguous. Is it true that you're building out a cryptocurrency capability? No. Fast forward to 2023, and BlackRock's position on Bitcoin is a definite yes. The investment juggernaut recently filing for a spot Bitcoin ETF with the Securities Exchange Commission. Bitcoin is an international asset. It's digitizing gold.
Saved - October 22, 2023 at 8:39 PM

@kazonomics - Kazonomics

#Offworldassets ☄️ > #RWA 💸

Saved - November 9, 2023 at 12:37 PM
reSee.it AI Summary
I spoke with @HugoPhilion, CEO of @FlareNetworks, about the future of Flare. They're shipping protocols in the next 12 months, including FAssets for multiple assets, a high-performing price oracle with up to 1000 prices, and trustless data relay to other chains. They're also working on LayerCake smart contract bridging. Challenges include effectively communicating their vision, but they're hiring specialists for help. Exciting times ahead for Flare!

@Cryptoinsightuk - Cryptoinsightuk

I just bumped into @HugoPhilion, co- founder and CEO of @FlareNetworks . I asked him- “What are you looking forwards to for the future of flare?” And he answered- “We are shipping all our protocols in the next 12 months so it’s pretty hard to choose. The upcoming beta launch of FAssets will be a completion of something we have been working on for a long time and brings multiple assets to Flare. Version 2 of the FTSO will provide up to 1000 prices with on block updates, providing possibly the highest performing price oracle in the EVM space. Then of course we are looking to enable the data provided on Flare to be trustlessly relayed to other chains, turning Flare into a service provider to other chains. LayerCake smart contract bridging is also coming along very swiftly, so yes too much to choose.” I then asked him - “What have been your biggest challenges so far with $FLR?” He answered - “Communicating our thoughts on complex / new areas in a way that is clear for all to understand. It is hard for us to communicate our specific vision and how we are executing this to all who are involved and following the project. But we are hiring specialists to help us do this.”

Saved - November 30, 2023 at 11:18 PM

@FlareNetworks - Flare ☀️

#FAssets Beta is now live on Flare’s Coston testnet – a milestone for $800B of crypto assets. The system will allow tokens like BTC, XRP & DOGE to be used trustlessly with smart contracts on #Flare - earning yield in DeFi dapps and bridging to other chains. https://flare.network/beta-testing-of-fassets-has-commenced-on-flares-coston-testnet/

Beta testing of FAssets has commenced on Flare’s Coston testnet The FAssets system allows non-smart contract tokens such as BTC, XRP & DOGE to be used trustlessly with smart contracts on Flare. flare.network
Saved - December 1, 2023 at 12:21 AM

@PHXToken - The Phoenix Project🕊☀️

For those who think #FAssets will not be tested on $SGB, and that development will shift from Coston directly to $FLR, it is recommended that you read the entirety of this article 🕊☀️🔥

@FlareNetworks - Flare ☀️

#FAssets Beta is now live on Flare’s Coston testnet – a milestone for $800B of crypto assets. The system will allow tokens like BTC, XRP & DOGE to be used trustlessly with smart contracts on #Flare - earning yield in DeFi dapps and bridging to other chains. https://flare.network/beta-testing-of-fassets-has-commenced-on-flares-coston-testnet/

Beta testing of FAssets has commenced on Flare’s Coston testnet The FAssets system allows non-smart contract tokens such as BTC, XRP & DOGE to be used trustlessly with smart contracts on Flare. flare.network
Saved - December 1, 2023 at 12:24 AM

@CommunityFlare - Flare Community ☀️

🚨 MUST WATCH VIDEO! 🚨 What Are F-Assets? ⤵️ #FlareNetwork

Video Transcript AI Summary
The total value of public blockchain assets is around $1 trillion, but over 70% of this value comes from tokens that can't support smart contracts. Flare Labs has developed the fAsset system, which allows assets like Bitcoin, XRP, and Dogecoin to be used in smart contracts on Flare. Minting these tokens as EF assets lets them earn rewards in DeFi and other decentralized applications. Developers can access this untapped value and gain new users through the Flare Time Series Oracle for price feeds and the stake connector for transaction verification. F assets are backed by three asset types and are minted and redeemed through independent agents, ensuring trustlessness. Holders of f assets on Flare also earn FLR from the cross-chain incentive pool.
Full Transcript
Speaker 0: Today, the total value of all public blockchain assets is approximately a $1,000,000,000,000. However, more than 70% of this value is made up of tokens from blockchains that can't support smart contracts, a critical requirement for decentralized applications. The fAsset system developed by Flare Labs allows these assets such as Bitcoin, XRP, and Dogecoin to be used trustlessly in smart contracts on Flare. Minting these tokens as EF assets enables them to earn rewards in DeFi and other types of decentralized applications. Once EF assets are minted on Flare, they can also be bridged to other networks using Layer Cake. For developers, this means secure, trustless access to a vast amount of currently untapped value and new potential users. Firstly, the Flare Time Series Oracle for decentralized price feeds, and secondly, the stake connector, trustless verification of transactions on the underlying chain. F assets are backed by 3 asset types, the underlying, Flare native token collateral and either stablecoin or wrapped ether collateral. The process of minting and redeeming our facets is supported by independent agents. Their role in the system is secured through over collateralization, removing the need to trust any counterparty. To Mint f assets, the minter must first select an agent and pay them a small fee to reserve the required collateral. The minter then sends the agent the underlying asset with the stake connector used to prove the transaction has taken place on the other chain. With the payment verified, the f assets are then minted as ERC 20 tokens on Flare. These tokens can be used within DeFi on Flare bridge to another chain. FAssets unlocks the value of non smart contract tokens. Unlike many wrapped asset systems, f assets are trustless, meaning there's no centralized entity involved in the process. Holders of f assets Flare will also earn FLR from the cross chain incentive pool for bringing value onto the Flare Network

@CommunityFlare - Flare Community ☀️

https://flare.network/beta-testing-of-fassets-has-commenced-on-flares-coston-testnet/

Beta testing of FAssets has commenced on Flare’s Coston testnet The FAssets system allows non-smart contract tokens such as BTC, XRP & DOGE to be used trustlessly with smart contracts on Flare. flare.network
Saved - December 3, 2023 at 9:02 PM

@AllWeatherLife - AllWeatherLife ⭕️

Great video on #FlareNetwork #FAssets $FLR #FLR LETS GO family. Check this out…

@CommunityFlare - Flare Community ☀️

🚨 MUST WATCH VIDEO! 🚨 What Are F-Assets? ⤵️ #FlareNetwork

Video Transcript AI Summary
The total value of public blockchain assets is around $1 trillion, but over 70% of this value comes from tokens that can't support smart contracts. Flare Labs has developed the fAsset system, which allows assets like Bitcoin, XRP, and Dogecoin to be used in smart contracts on Flare. Minting these tokens as EF assets lets them earn rewards in DeFi and other decentralized applications. Developers can access this untapped value and gain new users through the Flare Time Series Oracle for price feeds and the stake connector for transaction verification. F assets are backed by three asset types and are minted and redeemed through independent agents, ensuring trustlessness. Holders of f assets on Flare also earn FLR from the cross-chain incentive pool.
Full Transcript
Speaker 0: Today, the total value of all public blockchain assets is approximately a $1,000,000,000,000. However, more than 70% of this value is made up of tokens from blockchains that can't support smart contracts, a critical requirement for decentralized applications. The fAsset system developed by Flare Labs allows these assets such as Bitcoin, XRP, and Dogecoin to be used trustlessly in smart contracts on Flare. Minting these tokens as EF assets enables them to earn rewards in DeFi and other types of decentralized applications. Once EF assets are minted on Flare, they can also be bridged to other networks using Layer Cake. For developers, this means secure, trustless access to a vast amount of currently untapped value and new potential users. Firstly, the Flare Time Series Oracle for decentralized price feeds, and secondly, the stake connector, trustless verification of transactions on the underlying chain. F assets are backed by 3 asset types, the underlying, Flare native token collateral and either stablecoin or wrapped ether collateral. The process of minting and redeeming our facets is supported by independent agents. Their role in the system is secured through over collateralization, removing the need to trust any counterparty. To Mint f assets, the minter must first select an agent and pay them a small fee to reserve the required collateral. The minter then sends the agent the underlying asset with the stake connector used to prove the transaction has taken place on the other chain. With the payment verified, the f assets are then minted as ERC 20 tokens on Flare. These tokens can be used within DeFi on Flare bridge to another chain. FAssets unlocks the value of non smart contract tokens. Unlike many wrapped asset systems, f assets are trustless, meaning there's no centralized entity involved in the process. Holders of f assets Flare will also earn FLR from the cross chain incentive pool for bringing value onto the Flare Network
Saved - December 1, 2023 at 3:41 PM

@FlareNetworks - Flare ☀️

"It would do a lot of good if we figured out ways to unlock all that Bitcoin liquidity for all kinds of EVM apps, in a way that's not wrapped Bitcoin." says @davidmarcus at @BanklessHQ. #FAssets are here to help: https://flare.network/fassets/ Video source: https://youtu.be/gc0b3FC8Nq8?si=vz1ORBo7x-5VNXqs&t=3952

Video Transcript AI Summary
The speaker believes that it would be beneficial to find ways to utilize Bitcoin liquidity for Ethereum Virtual Machine (EVM) applications. They suggest exploring methods that don't involve wrapping Bitcoin, but instead allow for effective integration of Ethereum's innovation and technological advancements with Bitcoin liquidity. They believe that such a solution would be advantageous for everyone involved.
Full Transcript
Speaker 0: And and the fact that I think that, actually, it would do a lot of good if we figured out ways to unlock all of that Bitcoin liquidity for all kinds of EVM apps, in a way that's not wrapped Bitcoin, in a way that's actually, you know, can we actually build effective ways to bring all of the innovation, all of the energy, all of the technological advances that are happening on Ethereum end Bitcoin liquidity together. I think if we were able to figure something there, we would all benefit from it.
FAssets The FAssets system, developed by Flare Labs, allows non-smart contract tokens such as XRP, BTC and DOGE to be used trustlessly within smart contracts on Flare. flare.network
Saved - December 3, 2023 at 8:42 PM

@DieCsHamburg - DieCs

FLARE FAsset coming 2024 🔥 @FlareNetworks #flarenetwork #Flare #Flarecommunity $FLR #FlareCommunity @CommunityFlare @Danrocky @tina_connects @HugoPhilion @focus_kermit @ftso_au @CK113311 @melancon_joey @Flare_Labs https://t.co/uOwhYYxfLv

Saved - December 3, 2023 at 11:39 PM

@Danrocky - Danrocky☀️

Anybody else noticed that the bird has been set free 🦜 #Fassets coming to #Songbird H1 2024 https://t.co/zRrSJFQdYc

Saved - December 8, 2023 at 7:26 AM

@AllWeatherLife - AllWeatherLife ⭕️

I am an early investor in $FLR. I believe #fassets and #layercake on Flare Newtons is going to be major. Don’t wait till it happens #FLR

@Danrocky - Danrocky☀️

Right now, the focus is that #Flarenetwork has some powerful features such as enabling interoperability with #fassets and #layercake. But Flare will support other use cases with equally powerful features, such as data relaying to other blockchains and AI systems. Relaying decentralized data is in high demand, and it's an area with very little competition. I'm expecting Flare to excel in these areas as well, and the focus will take momentum in 2024

Saved - December 9, 2023 at 3:26 PM

@ParadigmFlr - paradigm.flr ☀️

Waiting for $FLR god candle like…. #FLR https://t.co/afru8HGEMr

@Flaretatious - Flaretatious

Uh oh, I see you $FLR! You know what to do, just bust a move! #ConnectEverything $SGB https://t.co/AmcPJJNGEY

Saved - December 9, 2023 at 5:59 PM

@AllWeatherLife - AllWeatherLife ⭕️

$FLR right now #FLR https://t.co/nEsJWhPLpj

Saved - December 14, 2023 at 12:21 AM

@Coachjv_ - Coach, JV

#xrpunleashed Coming 2024! The documentary that will shift the financial system! https://t.co/yrTJ9McPnU

Saved - January 30, 2024 at 5:51 AM
reSee.it AI Summary
FAssets by @FlareNetworks Labs allows tokens without smart contract capabilities to be transformed into productive assets. Users can mint and redeem FAssets, while collateral providers, agents, liquidators, and challengers play important roles in the FAssets ecosystem. Minting and redemption processes are explained in detail. FAssets are fully collateralized and redeemable, with vault and pool collateral serving specific purposes. Liquidation processes ensure system health and stability. The integration of FAssets into the @FlareNetworks ecosystem presents infinite potential in lending, DEX/AMMs, stablecoins, derivatives, governance, liquid staking, yield farming, DeFi gaming, cross-chain interoperability, and more. FAssets fundamentally transform the DeFi landscape, offering limitless utilization and composability. Join the Telegram channel for updates. Tagged individuals are invited to review.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

70% blockchain assets lack smart contract capabilities. However, did you know that these assets can be transformed into highly productive assets? Allow me to introduce you to FAssets by @FlareNetworks Labs.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

This post will cover: 1️⃣ What is FAssets? 2️⃣ Who is The Participant in FAssets Ecosystem? 4️⃣ How to Mint FAssets? 5️⃣ How to Redeem FAssets? 6️⃣ Is FAssets Fully Redeemable? 7️⃣ How FAssets Liquidation Handled? 8️⃣ FAssets Infinite Potential

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

Disclaimer Section If you enjoyed the thread, please: 🔖Bookmark ♥ Like 🔁Retweet 📣Comment 🎁 Share Your support will be greatly appreciated! Disclaimer: 💰 Not Financial Advice 🔬 Do Your Own Research 🤝 This thread was created in collaboration with @FlareNetworks

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

What is FAssets? → FAssets is a system on the @FlareNetworks blockchain that allows tokens from blockchains without smart contract capabilities to be used trustlessly with smart contracts on Flare. → It's like giving superpowers to your crypto assets with no smart contract functionalities, enabling them to interact in the smart contract world. → Once minted, these FAssets can be used in smart contracts and decentralized applications on Flare Network or bridged to other chain through LayerCake.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

FAssets Ecosystem Participant → The FAssets ecosystem on the @FlareNetworks is supported by a variety of roles, each contributing to its functionality and stability. → Understanding these roles is key to grasping how the system operates and maintains its integrity. Let's delve into each role in details. --- --- ◢ Users → Users are the participants who interact with the FAssets system either by minting or redeeming FAssets. → Activities Minting Depositing underlying assets to an agent's address in exchange for FAssets. Redeeming Returning FAssets to the system in exchange for the equivalent amount of underlying assets. → There are no eligibility requirements, meaning anyone can use the system to mint and redeem FAssets. --- ◢ Collateral Providers → These participants provide the native $FLR tokens to an agent's collateral pool. → They receive a share of every fee produced by FAssets minted using that pool. → Anyone can become a collateral provider by locking in $FLR tokens. --- ◢ Agents → Agents are pivotal in the FAssets system. They hold the underlying assets while the minted FAssets are in circulation. → Responsibilities - Manage accounts holding underlying assets (like $BTC). - Provide a significant part of the collateral pool. - Repay the underlying assets when users redeem FAssets. - Agents must be verified by governance, which includes submitting management addresses and, initially, some off-chain personal information for KYC purposes. --- ◢ Liquidators → Liquidators play a role when an agent's collateral falls below the required minimum. → Process - They send FAssets into the system in exchange for collateral from the agent's vault and collateral pool. - The FAssets sent by liquidators are burned, reducing the amount of FAssets that need backing. - Anyone can be a liquidator, contributing to the health of the system and earning rewards. --- ◢ Challengers → Challengers monitor an agent's underlying address to detect illegal transactions. Challengers that correctly report illegal operations receive rewards from the agent's vault collateral. → Role - Provide proof to the FAssets system in exchange for a reward from the agent's vault if they detect an illegal transaction. - Trigger full liquidation of the offending agent, locking their vault against new mintings.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

Minting & Redemption of FAssets → The processes of minting and redeeming FAssets on the @FlareNetworks are central to its functionality, allowing users to convert between native blockchain tokens and their FAsset equivalents. Let's delve into each process in detail. ⚙️

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

Minting FAssets → Minting is the process of creating FAssets, which are representations of other cryptocurrencies on the @FlareNetworks. → This process "wraps" the original tokens into ERC-20 format that can be used within the Flare ecosystem and bridged to other chains. --- --- ◢ Choosing an Agent The user selects an agent from a list verified by governance. This choice is based on factors like the agent's minting fee and the amount of free collateral available to back the minting. ◢ Collateral Reservation Transaction (CRT) The user sends a CRT to the Asset Manager contract on Flare. This transaction includes the agent's address, the amount to mint, and the collateral reservation fee (CRF) ◢ Locking Collateral The Asset Manager contract locks the necessary amount of the agent's collateral to back the minting. ◢ Making the Payment The user pays the required amount (including the agent's fee) on the original token’s blockchain to the agent's address. ◢ Proving the Payment Using the State Connector, the user proves the payment on the Flare Network. ◢ Executing Minting Once the payment is verified, the minting process is executed, and FAssets are sent to the user's account.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

Redemption of FAssets → Redemption is the process of converting FAssets back into the original cryptocurrency. This process allows users to "unwrap" their FAssets. --- --- ◢ Initiating Redemption The user starts the redemption process for a specific number of FAssets by sending a request to the Asset Manager smart contract. ◢ Burning FAssets The system burns the FAssets from the user’s account corresponding to the redemption amount. ◢ Agent Payment Information For each agent involved in the redemption, the system issues an event with details like the redeemer’s underlying address, the amount to pay (minus the fee), and a unique payment reference. ◢ Agents Make Payments Each agent pays the redeemer on the original token’s blockchain, including the payment reference in the transaction. ◢ Proving Payment After the payment is finalized, the agent uses the State Connector to prove the payment and obtain a payment proof. ◢ Releasing Collateral Once the payment proof is presented, the agent's vault and pool collateral backing those FAssets are released. ◢ Redemption-Payment Failure If agents fail to pay within the defined timeframe, anyone can prove nonpayment and be compensated with collateral plus a premium.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

FAssets is Fully Collateralized and Redeemable → The FAssets collateral system is a dual-structured model involving vault and pool collateral, each serving specific purposes and backed by different entities. --- --- Types of Collateral → Vault Collateral - Provided By: Agents - Composition Typically stablecoins (like $USDC, $USDT) or other highly liquid tokens on the @FlareNetworks - Purpose Ensures agents fulfill their obligations, such as repaying the underlying assets during redemption. - Vault Creation Agents choose a type of collateral approved by governance and create a vault. Each vault is tied to a unique address on the underlying chain. → Pool Collateral - Provided By: Agents and collateral providers/ $FLR holders. - Composition Exclusively native $FLR tokens. - Purpose Acts as an additional source of backing, especially useful when rapid price fluctuations make vault collateral insufficient. - Collateral Pool Tokens (CPTs) Issued to providers as proof of their share in the pool. CPTs entitle holders to a portion of minting fees and can be redeemed or traded. --- Collateral Ratio (CR) → The collateral ratio is a critical metric, with various thresholds set to maintain system stability and trigger necessary actions like liquidations. --- Collateral Pool Tokens (CPTs) → When providers add $FLR to a pool, they receive CPTs proportional to their contribution. → CPTs can be redeemed for $FLR after a governance-defined time lock. CPTs are divided into transferable and locked types, based on fee debt and time lock. → A portion of minting fees goes to the collateral pool, shared among CPT holders. → Providers can exit the pool by redeeming their CPTs, receiving their share of collateral and minting fees, minus any fee debt.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

Liquidation Process → Liquidation in the context of FAssets on the @FlareNetworks is a critical mechanism designed to maintain the system's health and stability. → It occurs when an agent becomes undercollateralized, meaning the value of their collateral falls below a certain threshold relative to the FAssets they are backing. → Full liquidation occurs when the agent makes an unauthorized transaction from their address on the underlying chain. → If this is proven, all the FAssets backed by the agent are put into liquidation, and the liquidation process can’t be halted. --- --- Types of Liquidation → Unhealthy Position Liquidation Triggered when an agent's collateral ratio (CR) for either their vault or collateral pool falls below the minimal CR. The liquidation continues until the CR reaches the safety CR or all backed FAssets are liquidated. → Full Liquidation Occurs if an agent makes an illegal payment or manipulate the system from their underlying chain address. This results in the liquidation of all FAssets backed by the agent, and the process cannot be stopped once initiated. --- Unhealthy Liquidation → Initiation Liquidation occurs when specific conditions are met, such as the collateral ratio (CR) dropping below the minimum requirement. Liquidation for an unhealthy position can be stopped by depositing enough collateral or self-closing FAssets to reach the safety CR. → Liquidator Participation FAsset holders can become liquidators by sending their FAssets to the system. They will receive vault and pool collateral, based on the current asset price, along with a premium. → Payment to Liquidators → Distribution of Payment → Stopping Liquidations If market conditions improve and the CR naturally rises above the safety CR, the liquidation can also be stopped. --- Full Liquidation → Challengers play a role in maintaining the health of the FAssets system by monitoring agents' activities and reporting any illegal operations. → Full Liquidation Specifics The agent's vault is locked, preventing it from being used for new mintings. → Only minting results in new FAssets being added to the liquidation process. → Redemptions continue as usual until the agent has no more redemption tickets. The liquidation only stops when all the agent's collateral is liquidated.

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

FAssets Infinite Potential → The integration of FAssets into a @FlareNetworks ecosystem presents a myriad of possibilities, leveraging the unique capabilities of FAssets to enhance and innovate in various sectors. --- --- → Lending and Borrowing FAssets can be used as collateral for loans or as assets for borrowing in lending platforms. → DEX/AMMs FAssets can be traded on DEXs, providing liquidity and trading pairs that were previously unavailable. → Stablecoins FAssets can be used to mint stablecoins, either as collateral or through algorithmic mechanisms. → Derivatives FAssets enable the creation of derivative products like options, futures, and swaps based on assets from non-smart contract blockchains. → Governance Holders of FAssets can participate in governance protocols of various DeFi platforms. → Liquid Staking FAssets can be staked in protocols to earn staking rewards while remaining liquid. → Yield Farming Users can engage in yield farming by providing liquidity with FAssets, earning rewards in various tokens. → DeFi Gaming FAssets can be integrated into blockchain-based games for transactions, rewards, or in-game asset purchases. → Cross-chain Interoperability LayerCake facilitate FAssets cross-chain interactions, allowing for seamless asset transfer and utilization across different blockchain ecosystems

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

Wrap-Up @FlareNetworks → FAssets fundamentally transform the DeFi landscape by enabling tokens from traditionally non-smart contract blockchains to actively participate in DeFi activities, significantly broadening the scope and reach of decentralized finance. → FAssets open the door to limitless utilization and composability within the Flare ecosystem. → FAssets transform previously non-productive assets into productive ones, offering innovative ways to leverage these assets. → The potential applications and benefits of FAssets are only limited by one's imagination, offering a canvas for creativity and innovation in utilizing these assets

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

If you want to check previous post about @FlareNetworks fundamentals, please check the post below: https://x.com/eli5_defi/status/1749392297702347124?s=20

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

What if I told you that the external data in the blockchain is: 🔴 Centralized 🔴 Slow 🔴 Expensive, and 🔴 Not censorship-resistant What if we had a blockchain specifically designed for data that can connect everything? Let's dive into @FlareNetworks 🧵

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

You can also join my Telegram channel to receive the latest updates and news about web3 and crypto spaces. Some Alpha information is exclusively shared there. https://t.me/eli5definews

Eli5DeFi NewsHub You can view and join @eli5definews right away. t.me

@eli5_defi - Eli5_DΞFi 🏭, 🦇🔊

Tagged my friend that bullish on #DeFi and Data Infrastructure to review: - @JiraiyaReal - @DeRonin_ - @Haylesdefi - @wacy_time1 - @Hercules_Defi - @CryptoGideon_ - @Deebs_DeFi - @2lambro - @DefiIgnas - @TheDeFISaint - @ayyyeandy - @NickDrakon - @MoneyCrptBunny - @Dynamo_Patrick - @CryptoGideon_ - @therollupco - @hmalviya9 - @Flowslikeosmo - @DeFiMinty - @matrixthesun - @blocmatesdotcom - @0xFinish - @DOLAK1NG - @0xTindorr - @CryptoWithNick - @arndxt_xo - @crypto_linn - @stacy_muur - @takegreenpill - @CryptoShiro_ - @0xAndrewMoh

Saved - February 7, 2024 at 9:14 AM
reSee.it AI Summary
Big news: XRP, FLR, and SGB are not considered securities. XRP went to court, while Flare didn't ICO and air dropped tokens. Haters complained about price drop, but now it's clear why it was done. Nothing is free.

@Multisiteltd - Ben Rogers ☀️(Luciflare)

This is the Big News then 👍 Luckily $XRP $FLR & $SGB are not securities 😊 XRP had to go get their day in court Flare didn’t ICO & Air Dropped the tokens = none securities - all the haters bitched & moaned about the price going down & now you know why they did it - nothing is free in this world 🌍

@HighVibeAssets - HighVibe 💥🔥💥

“Congress must pass regulation to digital assets that ARE NOT SECURITIES” Which #Crypto asset has been deemed NON-SECURITY STATUS? #Xrp 🚀 https://t.co/jhC7NX2oqe

Video Transcript AI Summary
The speaker discussed the council's focus on digital assets and the risks associated with them, such as runs on crypto asset platforms and stable coins. They emphasized the need for enforcing applicable rules and regulations and called for legislation to regulate stable coins and the spot market for non-securities crypto assets. The speaker expressed their willingness to engage with Congress on these matters and invited questions from the audience.
Full Transcript
Speaker 0: Council is focused on digital assets and related risks such as runs such as from runs on crypto asset platforms and stable coins, potential vulnerabilities from cryptoassetpricevolatility, and the proliferation of platforms acting outside of or out of compliance with applicable laws and regulations. Applicable rules and regulations should be enforced, and Congress should pass legislation to provide for the regulation of stable coins and of the spot market for cryptoassets that are not securities. We look forward to continuing to engage with Congress on this. With this overview, I look forward to taking your questions on these
Saved - March 20, 2024 at 2:47 PM

@bitcoinlfgo - BITCOINLFG®

BIGGEST #BITCOIN BREAKING EVERRR 🚨 TRILLIONS ABOUT TO ENTER THE CRYPTO MARKET BlackRock just filed with the SEC to launch tokenisation fund. BlackRock CEO Larry Fink: ‘…the next step is the tokenisation of financial assets, and that means every stock, every bond https://t.co/CeLGmhvpNc

Video Transcript AI Summary
We see the importance of anticipating the future, with ETFs being the next big thing after Bitcoin. Tokenization of financial assets is the way forward, where each stock and bond will have its own unique identifier. This will streamline processes, reduce costs, and allow for personalized investment strategies. With tokenization, settlements will be instant, and voting on stocks will be more transparent and efficient. This shift represents a technological revolution in the world of financial assets.
Full Transcript
Speaker 0: And we believe it's so important to be anticipating the next move. I would also say on on the beginnings of, of a ETF bitcoin, we believe ETFs are a technology no different than bitcoin was a technology for for asset storage. We believe the next step going forward will be the tokenization of financial assets. And that means every stock, every bond will have its own basically CUSIP. It'll be on one general ledger. Every investor, you and I, will have our own number, our own identification. We could rid ourselves of all issues around illicit activities around bonds and stocks and digital by having a a a tokenization. But the most importantly thing, we can customize strategies through tokenization that is it fits every individual. We would have instantaneous settlements. Think about all the costs of settling bonds and stocks. But if you had a tokenization, everything would be immediate because it's just a line item. And so we believe this is a technological transformation for financial assets. I believe if you wanna talk about voting and voting choice and all the things, if if we know every moment who is the owner of that stock and it's now time to vote, every individual who has ownership is identified, and they could vote their own share.
Saved - March 20, 2024 at 11:09 PM

@liciagirl0607 - Alicia Kirkland 🇺🇲

NEW: 🇺🇸BlackRock just filed with the SEC to launch tokenisation fund. BlackRock CEO Larry Fink: ‘…the next step is the tokenisation of financial assets, and that means every stock, every bond… @MoltMoney @ehudakineeh @XRPBrainst0rm @PaTrumpGirl https://t.co/CtAuTHe8ko

Video Transcript AI Summary
We believe in anticipating the next move and see ETFs as the next technological step after Bitcoin. Tokenization of financial assets will allow for individualized strategies, instant settlements, and secure ownership. This transformation will streamline processes and enhance transparency in voting and decision-making.
Full Transcript
Speaker 0: And we believe it's so important to be anticipating the next move. I would also say on on the beginnings of, of a ETF bitcoin, we believe ETFs are a technology no different than bitcoin was a technology for for asset storage. We believe the next step going forward will be the tokenization of financial assets. And that means every stock, every bond will have its own basically CUSIP. It'll be on one general ledger. Every investor, you and I, will have our own number, our own identification. We could rid ourselves of all issues around illicit activities around bonds and stocks and digital by having a a a tokenization. But the most importantly thing, we can customize strategies through tokenization that is it fits every individual. We would have instantaneous settlements. Think about all the costs of settling bonds and stocks. But if you had a tokenization, everything would be immediate because it's just a line item. And so we believe this is a technological transformation for financial assets. I believe if you wanna talk about voting and voting choice and all the things, if if we know every moment who is the owner of that stock and it's now time to vote, every individual who has ownership is identified, and they could vote their own share.
Saved - September 27, 2024 at 3:02 AM

@peruvian_bull - Peruvian Bull

global liquidity about to rip 🚀🚀🚀 https://t.co/E0nQCyGRBu

Saved - November 29, 2024 at 11:31 PM

@doqholliday - DOQ

RLUSD is going to bring down Tether

Saved - February 24, 2025 at 8:42 AM

@CryptoGeekNews - CryptoGeek

🚨BREAKING: David Schwartz XRP WILL MOVE ALL THE MONEY! https://t.co/XUL26phVxW

Video Transcript AI Summary
We've seen revolutions in how we deliver goods, like with the shipping container, and information, like with the internet. But what will be the next big thing for money? What's the "TCP/IP" or the "shipping container" of value going to be? It's coming, and it will bring big changes, including drastically smaller payment sizes. Right now, you get paid bi-weekly and pay bills monthly because payments are expensive and slow. But if payments were cheap and simple, those frequencies could increase. Money could be streamed to you as you work, or streamed to your landlord. These ideas might sound silly, but think about email in the late '90s. Could you have predicted how it's used today? Or Netflix, when bandwidth seemed too expensive? The internet drove bandwidth costs down. If payment costs go to zero, the world will change in ways we can't fully imagine yet.
Full Transcript
Speaker 0: Happen no matter what. That that is that is a given. We had a revolution in the physical delivery of goods with the shipping container, which changed globalization, started globalization. We had a revolution in the develop in the delivery of information with the Internet. But what we don't know is what is the TCPIP of money? What is the shipping container of value? We don't know that yet. There's going to be one, though. That is a definite, and that's going to bring changes. And what I also want to get through is that one of those changes that I foresee and that I think is important is that the size of payments are going to shrink, drastically shrink. Many of you people here probably have a job and you probably get paid twice a month or every two weeks. Well, why is that? You probably pay bills once a month. Well, why is that? It's because payments are expensive and clunky. But if payments were cheap and simple, then those frequencies could go up. Money could be streamed at you while you're working. You could stream money to your landlord to pay for the place where you're staying. Now I know those sound like, those sound dumb, and I'll be blunt. Yeah, they are. And I'll tell you, like, if we were talking about email in the late ninety's and you said to me like, what are people gonna use email for? I probably could not have given you the examples that is on everyone probably here probably has a cell phone, probably has email on it, and probably has hundreds of messages that looked nothing like postal mail or the messaging that existed in the late nineties. None of that could I have predicted. If you'd asked me if the internet had enough bandwidth in the year February, I would have said, yeah, it has plenty of bandwidth. Well, could I have imagined Netflix and on demand video? That's that's ridiculous, right? Like the cost of bandwidth is too high for that. But the internet drove the cost of bandwidth down to zero, and if the cost of payments go down to zero, the world is going to change. And I'm going to explain some of the ways that I think that's going to change and what that means.
Saved - March 2, 2025 at 7:08 PM

@801_XRP - 801_XRP

Ripple XRP Fam Federal Reserve Financial Services is on track to implement ISO 20022 messages for the Fedwire® Funds Service on July 14, 2025! Post ISO 20022 Go-live July 14, 2025 and beyond. Begin using your ISO 20022-formatted templates in production. https://t.co/8AVW86OP3K

@AntonyWelfare - Antony Welfare

March is a critical month for ISO20022 #crypto compliant assets - the #Fedwire payments must be enabled to the ISO standard by 9th March $XRP is by far the biggest #DigitalAsset in this space with a few others ( $XLM, $XDC, $ALGO, and $IOTA) “The Federal Reserve Bank Fedwire Funds service will transition to the ISO 20022 message format on a single day: March 10, 2025. The old Fedwire Application Interface Manual (FAIM) format will be retired on March 9, 2025. The format is mandatory. All banks will need to be compliant with the new format to enable successful wire transfers.” https://www.federalregister.gov/documents/2022/10/24/2022-23002/new-message-format-for-the-fedwire-funds-service Cc @Cryptoinsightuk @ThinkingCrypto1 @sentosumosaba

Saved - May 14, 2025 at 4:02 AM

@CultivateElevat - Matt From Cultivate Elevate

Bitcoin and the federal reserve 🤔all angles https://t.co/6OJ1Q7D4jN

Video Transcript AI Summary
The speaker claims the alleged creator of Bitcoin, Santoshi, denied inventing the technology in an interview. The speaker suggests three-letter agencies are involved and gave Bitcoin a rebellious persona. The speaker questions how Santoshi obtained the technology and infrastructure, arguing that anyone opposing the system is "taken out," referencing JFK, Gaddafi, Jackson, and Lincoln. They propose Bitcoin may have a backdoor and that Google possesses technology to decrypt the 256-bit encryption used by cryptocurrencies. The speaker notes Google's technology emerged in 2012, before the cryptocurrency boom.
Full Transcript
Speaker 0: The guy who invented Bitcoin, I think his name is Santoshi or whatever. Santoshi. There is an interview with him where he is watching the video and saying, I never created this technology. Reason I'm here is to clear my name that I have nothing to do with Bitcoin. Well, there's three letter agencies and this agency, which is part of that. That's the part that's missing from it all. So they gave the crypto and the Bitcoin and all of this, they gave it a persona that this guy created it because he was gonna rebel and he's gonna fight the system. Well, you have to start to wonder how did he have the technology? How did he get the infrastructure? And anybody who goes against this system is always taken out. If JFK, Gaddafi, Jackson, and Lincoln were all taken out because they oppose this system, why would Bitcoin or cryptocurrency stay around? Maybe there's a backdoor system. You know, it's all encrypted with 256 bit encryptions. Guess who owns a system who can decrypt or uncrypt or whatever word you wanna use? That system, Google. Google has a technology that came out in 02/2012 before all the cryptocurrencies went absolutely bananas. Must be just by chance. You know? Must be by chance.
Saved - May 26, 2025 at 10:32 PM

@RWAwatchlist_ - Real World Asset Watchlist

🚨 BREAKING: Dubai just launched a $16B tokenized real estate project on XRP Ledger. Buy property for just $500. Habibi money is loading. #RWA 🚀 https://t.co/rdYpptVzoj

Saved - December 16, 2025 at 12:36 PM

@davidicke - David Icke

Unleashing on Digital ID and the AI control system. https://t.co/nwsycAxfdq

Video Transcript AI Summary
The speaker describes an unusually heavy police presence at a protest surrounding the idea of “putting the Christ back into Christmas,” noting this contrasts with the counter-protest on the opposite side and framing it as part of a larger pattern of divide and rule. The core argument is that the few have historically controlled the many by enforcing rigid, unquestioning beliefs and pitting belief systems against one another, thereby suppressing exploration and research beyond those beliefs. The speaker urges putting down fault lines of division and argues that if people would sit down and talk, the fault lines would appear overwhelmingly irrelevant. The focus should be on threats to basic freedoms, especially those of children and grandchildren, which are being “deleted” in the process. The claim is that the basic freedoms of individuals are being eroded by a digital AI human fusion control system the speaker has warned about for decades, tempered by increasing concern as fewer laugh and more people worry about it. A central warning is that those seeking control would create a dystopia by infiltrating the human mind with artificial intelligence, leveraging a digital network of total human control. The speaker asserts this is already happening to the point that people no longer think their own thoughts or have their own emotional responses; “we have theirs via AI.” The speaker targets public figures and tech figures, asserting that Elon Musk is promoting an AI dystopia, and naming Starmer as aligned with Tony Blair, who is allegedly connected to Larry Ellison and other media and AI interests. The claim is that these figures supposedly “have your best interests at heart,” in the speaker’s view a misleading portrayal. There is a warning about a future in which digital IDs and digital currencies dictate daily life, with AI-driven fusion reducing human thinking to negligible levels. Ray Kurzweil is cited as predicting that by 2030 humanity will be fused with AI, with AI taking over more human thinking. The speaker emphasizes that 8,000,000,000 people cannot be controlled by a few unless the many acquiesce, and calls for unity to resist this trajectory. The rallying message is a call to unite, to reject divisions, and to act collectively to stop being controlled by a few. The speaker uses the metaphor that united, we are lions; divided, we are sheep, and urges the lion to roar. The conclusion is a global appeal for the lion to awaken and roar, signaling readiness to resist the imagined dystopia.
Full Transcript
Speaker 0: It's a strange thing for the the Mets to have to fill this whole area with more police and police vans that I've ever seen at any protest because they've allowed three in the same place. But it's also very symbolic because you've got the the protest down there or or what's claimed to be put the Christ back into Christmas. And then you've got the counter protest on the other side. And that is the essential ingredient throughout human history of the few controlling the many. Divide and rule. Get people to have rigid, unquestioning beliefs, which shuts off their ability, desire to look and research and explore beyond the limits of the belief system, and then you play the belief systems off against each other to divide and rule. And what we're saying here is you can argue about religion. You can argue about politics. But while you're doing that, the basic human freedoms of ourselves, yes, but more than anything, our children and grandchildren are in the process of being deleted. And what we're saying is, or what I'm saying is, look, put down the fault lines of division. And if you just sat down and talked to each other, you'd see that they were overwhelmingly irrelevant fault lines. And then you might be able to focus your attention on that which threatens the freedom of all of us. I don't care if you're a Christian or Muslim or Hindu or Buddhist or atheist, whatever you are, your freedom and your children's freedom is being deleted by the hour through a digital AI human fusion control system that I have been warning about decade after decade to immense laughter, but a lot less these days. But still, the divide and rule goes on. And if you were trying to impose a control system, the like of which humanity has never seen in known human history, a control system based on AI fusion with humans to take over the human mind that involves a digital, network of total human control. If you were doing that and you had the next few years as your target to do it, and you were a few, what would you need to do? What would you want to happen? You would want your target population to be at war with itself over irrelevant freaking belief systems, and that's what we're here to argue against. If enough people say we're not doing it, aren't yours. We're not having it. When when enough people say that, when enough people do that, we'll see where the power has been all along. Ironically, it's never been with the few. It's always been with the many. But for reasons I've discussed and talked about here, the many have been manipulated into forgetting that basic fact. So here we are because of that. We are staring in the eyes of the dragon to see a digital AI human fusion dystopia, the like of which this world has never seen in known human history. And what is that dystopia? It is to infiltrate the human mind with artificial intelligence. It's already happening to the point where we no longer think our thoughts anymore. We no longer have our emotional responses anymore. We have theirs via AI. And anyone who thinks, and unfortunately, some still do, that Elon Musk is your friend, he is pushing and pushing and pushing while telling you here what you wanna hear. He's pushing this AI dystopia with all his mates, and you only have to go to Starmer down the road. Who is Starmer's handler? Tony Blair. Who is Tony Blair's handler? Larry Ellison, the media and AI billionaire. Supposedly, Musk supposedly, Musk is the richest man in the world. Supposedly, Ellison is the second richest. And they have your best interests at heart. We are looking we are looking now in a few years if we don't unite and don't put down these fault lines of division at a level of control that beggars belief and imagination. Where as Ray Kurzweil, the Google futurist kind of executive who is as articulating this, oh, it will be great to be fused with AI. What has he said a few years ago? He said that by 2030, we are coming into 2026. By 2030, humanity will be attached to artificial intelligence or it would have started, already has. And from then on, he said his words, not mine. Humanity or AI will do more and more of human thinking until human thinking is negligible. That's what we are staring in the face. And this digital ID with a digital currency dictating everything in our lives, what we can do and what we can't do, along with the AI human fusion, is a level of dystopia that is beyond the imagination. We still have the chance because 8,000,000,000 cannot be controlled by a few unless the few acquiesce or the many acquiesce to the few. It's not possible. So we can bring this down essentially overnight if enough people say we are not doing what you demand. And it's the division that stops that happening. So people want solutions. People want to remove the cause of the problem. Then it's in our hands to do so. And that means human race for the first time in known human history. Get off your freaking knees. No more. United. United, we are a lion. Divided, we are sheep. We have the answer. But are we going to take it? That's the question. Because united, we are the lions, and it's time that the lion that has been there sleeping throughout human history, that the lion sleeps no more. It's time long past the time, and I say to anyone across the world who sees this, it's time for the lion to roar. Thank you.
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