Flare Finance Livestream
Flare Finance Overview
Flare Finance Products
Flare Finance is a trustless, decentralized finance (DeFi) ecosystem that is aiming to bring the power of DeFi through the use of smart contracts on the Flare Network to non-turing complete blockchains. Flare Finance will be offering six products, three tokens, and a decentralized exchange (DEX) at its launch one month after Flare Network goes live. The products will consist of:
- FlareX: swap currencies and earn passive income by providing to a decentralized on-demand liquidity (DODL) pool
- FlareFarm: mine from a distributed pool of assets via smart contracts by staking
- FlareWrap: provides users with a decentralized USD stablecoin in xUSD
- FlareLoans: asset-backed loans solution utilizing the power of DODL
- FlareMutual: decentralized mutual fund that allows users to pool risks of DeFi applications together
- FlareMine: allows users of Bitcoin and Ethereum mining rigs to mine Spark (FLR)
The Flare Finance tokens will consist of:
- YieldFlare: exchange fee and secondary governance token (YFLR)
- YieldFin: yield farming and governance token (YFIN)
The Flare Finance team is currently anonymous, but plans to reveal themselves and more information about their ecosystem before the launch date. Similar to Flare Network’s airdrop distribution of its governance token, Spark, Flare Finance will be airdropping its tokens to holders of Spark, which will require users to complete some steps in order to receive the Flare Finance governance tokens. Stay tuned to the Flare Finance social media pages to learn more.
Flare Finance Airdrop FAQs
FlareX is the liquidity provisioning application of the Flare Finance ecosystem. It is a decentralized exchange making the use of automated market makers.
Welcome to the Mickey B Fresh voice note series! Mickey touches on how participants can earn rewards from the Flare Network and Flare Finance products with additional commentary on how Flare Network improves upon POW and POS blockchain systems. The voice notes come...
The Flare Finance Beta Test is a two week program where about 200 participants are trying to generate the greatest return on their holdings. I'm a person with no experience in DeFi, here's what I'm finding. No guarantees that I'm getting this right - DYORThe...
Flare Finance is an anonymous team building on top of the Flare Network to bring decentralized finance (DeFi) products to Spark ($FLR) and XRP users. Flare Finance's expected launch date is April 2021 after the Flare Network goes live. The link in this post is to the...
Flare Finance is back with an introductory look into the products and tokens they will be offering. Additionally, they will be releasing further videos going into more depth on everything covered in this release. https://www.youtube.com/watch?v=3QO_Ih-sfKM Video Date:...
The Flare Finance team has released an end of year teaser trailer to preview their 2021 launch. In the video, it is revealed that the Flare Finance DeFi ecosystem will be coming in April 2021. Flare Finance is distributing its...
Adam of Brave New World has put together an all encompassing infographic of the Flare Finance ecosystem. It covers the announced Flare Finance products that will be available via airdrop to Spark ($FLR) holders in Q1-Q2 2021. Digital assets include YieldFlare,...