- Connect Everything Newsletter
- Posts
- First FlareDrop Date Confirmed!
First FlareDrop Date Confirmed!
GM. This is the Connect Everything Newsletter, keeping your finger on the pulse of all things Flare...
Fighting like Cats and erm Toadz
The latest heated debate by FTSO’s has resulted in the Fat Cats deleting their current FTSO and STSO contracts (remember to move your delegations elsewhere).
There have been plenty of FTSO Twitter beefs lately, mostly due to allegations of collusion and mud slinging in retaliation.
Kingsman xToadz hosted an excellent Twitter space to explain the hurdles faced by signal providers and how remote devs have sold the same algorithm to different signal providers, if several providers have the same algorithm issuing prices they are seen as colluding, without them even knowing.
STP-2
STP-2 is currently live and aims to improve the TSO system on Songbird by making it easier for signal providers to earn rewards, the yes votes are currently above 90%, remember to cast your vote before Feb 16th 08:24UTC by heading over to portal.flare.network
Collusion Defusion
While STP-2 is a nice step toward levelling the FTSO playing field it’s the community that are stepping up to really help us wee delegators out.
Ash W is gathering FTSO data and surveying FTSOs with questions covering transparency… (like who writes the algo for your price signals, do you sell all your rewards each epoch or just enough to cover expenses, etc).
Once Ash has the data flowing, the kind folk at Flare.Space are creating a dash board so we the delegators can get a clear picture of the good actors in the FTSO listings who aren’t dumping all their rewards or trying to manipulate their way into the top ranks.
With this knowledge we can ensure we support the good guys, who then will have the most vote power and best chance to earn the top rewards, bringing harmony to our FTSO space (so we can all get back to complaining ‘wen F-Assets?!?!’).
Ash W and Flare.Space we salute you...
Tool of the week
FlareOracle data provider metrics. Find it here: app.flareoracle.io
This TSO ranking calculates the strongest rewarding provider whilst factoring in the vote power lock and how rewards are diluted.
Put simply the signal providers ranked at the top will give you the best rewards… (remember to factor in reward tokens like sRibbits, Fort, etc).
Woah, did we just launch a newsletter?!?!
Exciting times, please let us know your thoughts by replying to this email.