Flare Finance

Flare Finance

Tokenomics

Flare Finance Governance

Governance

APY Cloud

APY Cloud

Flare Finance Products

Product Suite

Flare Finance Livestream

Flare Finance Overview

Flare Finance

Flare Finance will be the first robust decentralized finance (DeFi) ecosystem launching on the Flare Network. The team behind Flare Finance are currently anonymous, but have plans to reveal themselves at a time when necessary. Additionally, the Flare Finance ecosystem is having three separate audits conducted on their protocols to ensure the safety of the ecosystem and even are commissioning a firm to monitor the ecosystem for at least a month post launch to monitor potential attack vectors. Flare Finance has also made clear their dedication to Flare Network’s canary blockchain dubbed the Songbird Network.

Flare Finance will launch multiple DeFi protocols including decentralized exchanges (DEX), loans, insurance, and staking platforms. On top of this, the team has devised a Governance Staking Pool and APY Cloud that work in tandem to support the whole ecosystem and its governance tokens. The Governance Staking Pool will let owners of governance tokens to stake for a fixed range APY paid out in assets collected via fees by the APY Cloud throughout the ecosystem’s protocols. 

Two governance tokens will be featured in the ecosystem including YieldFin (YFIN) and YieldFlare (YFLR), which can both be utilized in the Governance Staking Pool as well as the entire suite of protocols on the ecosystem. YFLR will primarily be delivered via an airdrop to Spark (FLR) holders around 30 days after the launch of the Flare Network. YFIN can be earned through a fair distribution model via the FlareFarm, FlareLoans, and FlareMutual platforms. 

Most DeFi projects launching feature one or a couple of the protocols that will be available on Flare Finance. This is because the team wanted to utilize the composability of their protocols to build an all-in-one, DeFi solution for the Flare Network community. This DeFi solution will feature at least eight different protocols, two governance tokens, a host of wrapped assets, and two stablecoin types.

Flare Finance Ecosystem Assets

Flare Finance Airdrop FAQs

Flare Finance Airdrop FAQ 1
Flare Finance Airdrop FAQ 2
Flare Finance Beta Testing

Flare Finance Beta Testing

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 Short Paper

Flare Finance Short Paper

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 Infographic

Flare Finance Infographic

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,...