Staking, F-Assets and AI...

November 21, 2023

Yo Mofos!

CEN here, back with more rays of sunshine to brighten your day ☀️ (IYKYK)

Today we got:

We All Up In That Stake

After seeing that SolidiFi wallet had simplified the FLR staking process we had to jump in and test the water.

Here’s what we did:

Split one of our FLR wallets right down the middle.
Sent WFLR to our newly created SolidiFi Wallet.
Sweared in french when we realised we had no FLR to sign the transaction moving WFLR from C chain to P chain. MERDE!
Sent 1 FLR token from Bifrost to SolidiFi to fix our rookie error 🤦‍♂️
Used the ‘View Validators’ link in the staking section (located in our FLR wallet on SolidiFi) to make our delegation decisions.
Confirmed and staked.

Using SolidiFi was smooth and simple, even with our ham fisted mistakes.

So What Now?

Staking rewards are claimable every two weeks.

Our Bifrost account holding an equal amount of WFLR will earn delegation rewards.

We will report back here with stats to compare.

For more info on Staking FLR:

This post by Flare explains the different methods available for staking.

Also, Tim Rowley points out where some folk have gone wrong with staking to validators who won’t earn rewards.

Hugo had a pretty open conversation with CryptoinsightsUK.

It’s great to hear Hugo freely suggesting timelines again, saying that all the Flare protocols will be live in the next 12 months.

He also confirmed the upcoming F-assets beta as a major milestone.

Hugo also confirmed that they are 100% working on decentralise data sourcing for AI!!!

Dan Rocky keeping his finger on the pulse as always:

The future is so bright for SGB and FLR! ☀️

If you haven’t already voted on our X poll please head over and take a look:

When the results are in we will report back with the potential impact on SGB supply and price.

Until Next Time 👊