Patty XRP Bio
Patty XRP is the editor and developer for The DeFi Standard website. Additionally, he is a frequent contributor on the Mickey B Fresh youtube channel. Patty XRP is one of the younger members of The DeFi Standard team and has a background degree in Finance. You can find Patty XRP on telegram @PattyMulls. Additionally, feel free to email him with questions or website suggestions at thedefistandard@gmail.com.
Patty XRP started paying attention to the cryptocurrency space as a Senior in college where he followed the Bitcoin bull run of 2017. He eventually made his first crypto purchase that year, which was XRP due to the XRP Ledger’s capability to facilitate low cost, high speed transactions. Patty XRP is now researching the forthcoming Flare Network due to its potential to revolutionize DeFi and the smart contract blockchain industry. His focus is on investing in and researching blockchain ecosystems with long-term sustainability and scalability to absorb the incoming value transfer from traditional financial systems.
Patty XRP | Blogs
All About Flare Finance Liquidity Pools
FlareX is the liquidity provisioning application of the Flare Finance ecosystem. It is a decentralized exchange making the use of automated market makers.
Flare Network – Spark Airdrop Governance Vote
Changes to the Spark Airdrop There has been a growing concern over the tax implications of the Flare Network's Spark airdrop distribution through the XRP community for certain jurisdictions (i.e. United States). The founding team has commissioned analysis on the...
Flare Network Wallet Updates
*** Disclaimer: This article is not financial advice. Anyone taking action on the below information is responsible for their own personal situation. This is just meant to be an aggregation of information to help individuals make the best decision for themselves in...
Kava X Flare Network – A Cautionary Tale
Kava 5 Upgrade Vote - Proposal #40 Decentralized finance is for the people to take back control of their financial well-beings; however, the people will actually have to participate in governance to ensure its place in society moving forward. Take for example,...
XRP Escrow Theories Run Wild
Alright folks while I personally love a good ole down the rabbit hole conspiracy theory - I am just seeing too many opinions about the XRP Escrow that would either make no earthly sense to me or would burn the XRP Ledger to the ground. With that being said, I can only...
FTSO Inflation Rewards Walkthrough
The most recent blog from Patty XRP of The DeFi Standard dives into the mathematics behind earning rewards through the FTSO.
Yearn Finance DeFi Hack, Flash Loans, & DeFi on Flare Network
Earlier in February, the popular decentralized finance (DeFi) protocol built on the Ethereum blockchain, Yearn Finance, suffered the first DeFi hack of 2021. An estimated $11M in losses were accrued by users whose funds were deposited in the yDAI Yearn Finance vault...
F-Asset Rewards Pool Walkthrough
I am going to start off by saying that this is somewhat frankenmath just to give everyone an idea with easy to read formulas and numbers how the rewards will work in the f-asset pool. However, the possible scenarios are numerous regarding the XRP and FLR prices during...
Flare Network’s Spark (FLR) Token Distribution
*** Updates to FLR distribution reflect 1/19/21 for this article. Since Flare Network was first announced back in November 2019, the Flare blockchain has been adapting to meet the demand for its smart contract capabilities. Originally, Flare had planned for the...
Flare Finance – Official New Years Teaser
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...
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