Signal Providers for the Flare Network
Spark (FLR) and f-asset (i.e. FXRP, FLTC, FDOGE) holders alike are able to delegate the votes associated with their f-assets to the Flare Time Series Oracle (FTSO), which is the price feed mechanism for the Flare Network. Spark holders will earn risk-free rewards for this action, while f-asset holders are incentivized to participate in the FTSO to provide accurate price feeds for smart contracts. However, the technical hardware and skill to do this may be beyond the scope or time allowances for some holders creating a marketplace for vote delegation services. Thus, signal providers are already creating user-friendly services that require a small fee to delegate FLR and f-asset votes through. Additionally, signal providers are considering providing a reward on their own volition to f-asset holders for using their service to gain more voting power. Incentives will be delivered to vote delegators who are in the median 50% of data estimates for a given times series of the FTSO. These rewards will be delivered in the form of FLR through the Flare Network inflation mechanism, the FTSO Rewards Pool.