🧵Strap in your bindings, #crypto community! We're about to carve fresh tracks into a thorough exploration of the transformative #FlareNetworks. If you believed you've seen all the trails in crypto, time for a double take 🤙
This thread is about $FLR and its groundbreaking tokenomics. Ready to ride this powder? Let's shred!🏂 #FLR #DeFi
This thread is about $FLR and its groundbreaking tokenomics. Ready to ride this powder? Let's shred!🏂 #FLR #DeFi
To understand how massive this is: Currently FLR has a circulating supply of about 16 billion tokens, & a current circulating market cap of $50m~
Even if we estimate 50b #FLR circulating by next bull market
The minimum potential value per FLR token MUST be $6 per $FLR
Even if we estimate 50b #FLR circulating by next bull market
The minimum potential value per FLR token MUST be $6 per $FLR
That means all 50b FLR are Locked & Wrapped. Any lower than $6 & FLR wouldn't have enough value to wrap 10% of the crypto market
This also assumes all 50b $FLR Tokens will be used in the F-Asset system (Which most likely wont happen -- Just means price should be higher)
This also assumes all 50b $FLR Tokens will be used in the F-Asset system (Which most likely wont happen -- Just means price should be higher)
In 2022 Defi Bridges accounted for $25b & it's expected to grow to $200b by 2030
HOWEVER
#Flare is the first entirely #Trustless bridge; this is revolutionary -- enabling those who would have but haven't used bridges previously due to security concerns
vaneck.com
HOWEVER
#Flare is the first entirely #Trustless bridge; this is revolutionary -- enabling those who would have but haven't used bridges previously due to security concerns
vaneck.com
I personally expect the bridge number to be way higher by 2030
The previously shared article uses simple math & doesn't account for tokenized real works assets on networks without native smart contracts
Imagine using $FLR to stake your property
ripple.com
The previously shared article uses simple math & doesn't account for tokenized real works assets on networks without native smart contracts
Imagine using $FLR to stake your property
ripple.com
📣 Did you know that Delegation / FTSO rewards COULD be paid through Flare API portal fees instead of token inflation? Making the tokenomics deflationary once data demand is sufficient
Yet another way Flare is innovating in the crypto space to enable valuable tokenonics #FLR
Yet another way Flare is innovating in the crypto space to enable valuable tokenonics #FLR
Remember, always do your own research and consult with a financial advisor before making investment decisions. #DYOR #CryptoInvesting
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