New Feature, More Ad Earnings & NFT Winner Announced

Good Morrow Brethren!

Today’s email offering includes:

• A new feature where we dream of the future and what could be achieved on Flare…

• OUR NEXT ADVERTISING REVENUE NEWS!!!!

• Fat Cats NFT giveaway.

Today we launch a new series called:

Flare Use Cases, The Future Is Bright.

The Flare ecosystem is en-route to an amazing destination, where devs can fetch data from anywhere and create products using that data.

This is the narrative we keep hearing, connect data, connect blockchains, connect everything…

But what does it mean?!?!?

Flare did a live demo where they purchased an NFT on Songbird using DOGE tokens. Proving that they can trustlessly observe a transaction on another network to trigger an action on Songbird.

Which is pretty cool but also a bit meh…

Hugo once presented the example of online chess tournaments, where the outcome of games could be observed by the state connector, then trustlessly settle a wager using web 3 wallets on Flare.

Hugo seems like the type of chap who gets super excited about chess tournaments, for us that’s another nice but underwhelming example for such mould breaking tech.

The problem is that Hugo and the Flare Team are extremely restricted on how much they can hype up the utility of their network or tokens.

Don’t you dare ask them about F-Assets, or token prices, they would rather choke hold their grannies to submission than comment on such things.

Guess who isn’t restricted when hyping up Flare?

The Connect Everything Mother Fu**in Newsletter That’s Who!!!

With this use case series we are hyping up the potential of Flare, using examples of actual projects and describing what could be available to their users once the Flare road map has been delivered and everything really can be connected.

Let’s kick off with Ignis Finance, a lending protocol being built on Flare.

Lending is effectively the business model of a traditional bank:

1. Depositors put value in their accounts

2. The bankers use the value to issue loans

3. Borrowers take out these loans and pay interest

4. Depositors are rewarded vast sums for allowing their funds to be loaned out…

Erm actually, the depositors get shafted while the bankers hoard the rewards…

That’s why a trustless lending protocol like Ignis Finance is so valuable.

The fat cat middle men bankers with a capital W are taken out of the picture.

The Ignis Finance smart contract manages the delicate balance of interest rate calculations and any other decisions the men in suits would have made.

Meaning all the rewards can be distributed to the community who actually deposit value into the system.

Looking To The Future.

Being built on Flare means Ignis Finance can be whole of market.

When Flare finally connects everything users will connect their wallets to Ignis and start lending or borrowing.

Imagine you are in a sideways market and holding BTC, XRP and DOGE.

You know that your big pay day is coming in the next bull run, it’s a matter of when not if…

You see folk earning daily rewards on ETH projects or on Solana, it seems everyone is earning in the sideways market.

The last thing you want to do is swap to their coins and miss the gains from the coins you are actually passionate about.

With Ignis on Flare you will be able to use your diverse wallet and build your ideal Defi portfolio.

‘But what if BTC crashes and I loose it all from a loan liquidation’ we hear you cry?

Yes there are risks to using assets as loan collateral or participating in liquidity pools and you should definitely do what’s right for you.

However, volatility is smoothed on Flare because of FTSO price data feeds.

Other networks use price data feeds from centralised exchanges where suspicious candle wicks wipe out stop losses, the type of price feeds that could trigger loan liquidations and a lot of pain.

The Flare Time Series Oracle has a much smoother price data feed, this is achieved by the decentralised signal provider system where a median price is agreed on assets by multiple parties.

In short, if a few exchanges have crazy flash crashes the data is less likely to find it’s way into the FTSO price feed and harm your Defi positions in Ignis Finance.

SUMMARISED HYPE FOR HYPES SAKE.

When Flare connects everything the whole crypto market can bring their assets to protocols like Ignis Finance and earn without losing exposure to the tokens they love.

The FTSO will make lending protocols on Flare and Songbird the safest places in Defi.

When the floods of token holders bring their value to this ecosystem, SGB and FLR tokens will be used as collateral pumping our bags to the moon.

But we won’t be selling those bags and giving half our gains to the tax man. We will be taking out loans on Ignis Finance and living off debt, Trumpy Bezos style.

Check out the Ignis Finance Website for more info at their Docs tab.

We Have Secured Another Advertiser!

Our next email will include a CPC (Pay Per Click) advertising link, please take a moment to click the link and consider their offer.

We will earn ad revenue just from the clicks, revenue that sends rewards to your wallet…

CEN Launch NFT Giveaway.

Congratulations @BobSmit12761927 you are the winner of this bitchin Tiger, he is already on his way to your wallet…

That’s us for today, remember to open our next email and get clickin...