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Flare ☀️ Profile picture
@FlareNetworks
Aug 30, 2022 • 6 tweets • 2 min read • Read on X
We are happy to announce the launch of a novel crowdfunding launchpad in partnership with the Swiss #blockchain software and infrastructure firm @LenaBlockchain🎉🧵

#Flare #ConnectEverything

bit.ly/3RmB1oM
What is CloudFunding?
CloudFunding is a launchpad that’s designed to bring a new dimension to the concept of crowdfunding, with contributors gaining exclusive access to carefully curated crypto projects & unique benefits, while retaining safe custody of their principal investment
How is it different?

CloudFunding contributions come from the rewards earned by contributors' wrapped $FLR/$SGB capital, ensuring contributors always hold onto their principal investment.
Through this unique model, CloudFunding provides one of the most secure & low-risk crowdfunding mechanisms in the industry.

Users can dedicate anything from 1% to 100% of the rewards their principal generates to fund the projects, all while retaining their original investment
In return for their contributions, users will have access to an IOU of the project’s token, available before the token generation event, which will be listed by a number of #Flare’s decentralized exchange partners.
For projects launching on CloudFunding, the major benefit is they receive a regular cash flow that comes in at the end of each reward epoch, and for the entire duration of their community’s contribution.

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More from @FlareNetworks

Flare ☀️ Profile picture
Jul 30
We’re thrilled to announce the launch of the FLR Protocol Emissions program.

It officially kicks off #FLRfiSummer ☀️

Here’s everything you need to know 🧵 Image
1/ 🗳️ Community approval: FIP.09

On June 28, 2024, Flare initiated voting for FIP.09, introducing the FLR Protocol Emissions program with a total budget of 510 million FLR tokens.

FIP.09 has been approved with overwhelming support. (1,176,092,379 votes for).
2/ 📊 How it works:

The Emissions Committee allocates incentives to dapps for their pools/vaults, aiming to boost liquidity on Flare.

Users earn rewards by participating in dapps with incentivized pools/vaults.
Read 6 tweets
Flare ☀️ Profile picture
Jan 16
🤝 @GoogleCloud joins Flare as an infrastructure provider.

This is not just any partnership – Google Cloud is now our validator and also a contributor for the Flare Time Series Oracle (FTSO).

This is groundbreaking. 🧵
1/ #GoogleCloud is a validator for several blockchains.

This means it plays a vital role in proposing and validating new blocks, ensuring the security and integrity of the networks.

But for @FlareNetworks, it doesn’t stop here. 🔥
2/ Google Cloud will also be a data provider for the FTSO: this is new. ☀️

It will retrieve data from external sources & supply it to the FTSO system, providing decentralized & accurate data feeds for smart contracts on Flare.

Why is this important for the future of #web3?
Read 6 tweets
Flare ☀️ Profile picture
Dec 29, 2023
Vitalik reminds us of the key blockchain values we should uphold.

Why are these also critical for data protocols used on chain? 🧵
1/ "It is very possible to build things within the crypto ecosystem that do not follow these values." @VitalikButerin Image
2/ Here's an example of what Vitalik means:

We want diverse ecosystems, but secure communication is hard.

Sadly, the industry opts for centralization. Scaling, bridges & oracles often sacrifice trustlessness to reduce friction, not learning the hard lessons of Web2.
Read 15 tweets
Flare ☀️ Profile picture
May 17, 2023
#Flare is fortunate to have a strong ecosystem of partners and collaborators. In this thread, we'll introduce a number of different wallets which offer support for FLR and describe the functionality they offer.🧵
💫@BifrostWallet supports self-custody of both FLR and SGB tokens, and allows native wrapping, delegating, and reward claiming on both #Flare and #Songbird.
👛@iSafePal also supports self-custody of both FLR and SGB tokens, but only allows native wrapping, delegating, and reward claiming on #Flare.
Read 13 tweets
Flare ☀️ Profile picture
Mar 24, 2023
Wrap-delegate-claim-repeat 🔁

With the first FlareDrop complete, and the next not until April 16th, now is a good time for #Flare holders to remind themselves exactly how the process works and the steps to take: flare.network/flaredrop-guid…
1/4
To be eligible for a portion of each monthly FlareDrop, a wallet must be holding wrapped FLR tokens (WFLR). To maximize the compounding effect, FTSO delegation rewards and tokens received from each monthly FlareDrop can also be wrapped.
2/4
In every 30 day FlareDrop cycle, the average WFLR holdings of a wallet are calculated from 3 random blocks selected during the final 23 days. The calculation period for FlareDrop.02 commences on March 25th and lasts until tokens can be claimed on April 16th.
3/4
Read 4 tweets
Flare ☀️ Profile picture
Apr 6, 2022
Last week marked the arrival of the State Connector☀️on #Songbird

Let’s take a closer look at this exciting new technical solution for secure universal interoperability.⬇️🧵1/6
So what is the #StateConnector?

ICYMI #StateConnector is a new core #Web3 protocol that allows the state of any open system, whether on-chain or off-chain, to be proven on #Flare & used with smart contracts in a trustless, decentralized manner. 2/6
Why build the #StateConnector?

Achieving secure universal interoperability is a challenge that has long frustrated the entire blockchain industry. Existing solutions either require trust in centralized 3rd parties, or they force other chains to conform to their standards. 3/6
Read 6 tweets

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