Jake - Kinetic☀️
@Warlock_NKey
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Core Contributor at @Kinetic_Markets, building on the Flare Network.
Joined April 2022
How to tell I'm the real Jake from Kinetic? Well, you can see my @Warlock_NKey handle mentioned in the Connecting with Kinetic posts by the official @Kinetic_Markets account. Also I'll never give you tech support over X and I will never EVER dm you first. https://t.co/AaQ0x0pIT1
🎙Connecting with Kinetic 16 is LIVE!☀ In this episode, @Warlock_NKey speaks with @shrutiKohli_13, Head of business development at @BitrueOfficial They talk about traveling, how web3 is like a black mirror episode, and Bitrue's relationship with @FlareNetworks!
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Kinetic is expanding to @StellarOrg's Soroban! By bringing our lending and borrowing platform to a network built for global financial innovation, we’re adding new ways for individuals, institutions, and developers to utilize and grow their assets. https://t.co/gg3PRRdhOz
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Looks like "soon" is sooner than we thought! Kinetic will be adding a market for @Firelightfi's #stXRP tomorrow, Dec 3rd, the same day it launches! You'll be able to supply your stXRP, enable it as collateral, and earn APY!
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Live now. We are going to cover how to put your XRP to work in XRPFi. Join us!
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Tomorrow☀️ We’re going live with @enosys_global, @firelightfi, , @Kinetic_Markets, @spectra_finance, @SparkDexAI & @StratEx_finance . The topic: How XRPFi is scaling DeFi on Flare. 🎙️Tune in and come with your questions.
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Due to looping of USDT0, over 60% of Kinetic's users will be ineligible for rFLR rewards. Reminder, if you are supplying and also borrowing USDT0 in the same market, you will not receive rFLR rewards for that position and will need to unwind and repay your borrow to earn rFLR.
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🛠️Put your #FXRP to work on Kinetic! If you supply FXRP to the FXRP - USDT0 Iso Market you will earn around 5% APY for providing your liquidity to borrowers. You can also enable FXRP as collateral and use it to borrow USDT0, further widening your scope of financial strategy.
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The Kinetic rFLR distribution has just been pushed. Users can now claim their rFLR from the previous epoch via https://t.co/1GIhx3nueq.
portal.flare.network
Flare is a new blockchain which presents developers with a simple and coherent stack for decentralized interoperability.
🤔Have your rFLR rewards reset? That means a new Kinetic incentives epoch has begun! 🗓This new epoch is from Oct 29th - Nov 28th ✅You can claim $rFLR from the previous epoch via the "emissions" tab on https://t.co/1GIhx3mWoS when rewards are sent out (likely later today)
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🤔Have your rFLR rewards reset? That means a new Kinetic incentives epoch has begun! 🗓This new epoch is from Oct 29th - Nov 28th ✅You can claim $rFLR from the previous epoch via the "emissions" tab on https://t.co/1GIhx3mWoS when rewards are sent out (likely later today)
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Because of this recent change to rFLR rewards by Flare, which affects those who supply USDT0 and also borrow USDT0, APY percentages displayed on the site should be taken as estimates for the duration of the coming epoch, as those calculations will be influenced by user behavior.
Due to changes in @FlareNetworks' rFLR allocation, Starting tomorrow 10-29, users who supply USDT0 and then borrow USDT0 against it will not receive rFLR rewards. If users unwind their USDT0 borrows and keep their USDT0 supply, they will get rewards from that day forward.
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This decision by @FlareNetworks was made in order to create healthier more efficient markets and combat looping of USDT0 borrows back into USDT0 supply and "double-dipping." This restriction only applies to users supplying USDT0. Please monitor your positions accordingly. /thread
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Due to changes in @FlareNetworks' rFLR allocation, Starting tomorrow 10-29, users who supply USDT0 and then borrow USDT0 against it will not receive rFLR rewards. If users unwind their USDT0 borrows and keep their USDT0 supply, they will get rewards from that day forward.
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@skyguy0_0 @FlareNetworks You can check the current borrow cap, current amount of borrows, and other asset info right on the Kinetic dashboard. You can do this by heading to the "Market Assets" section and then clicking the specific asset to expand its stat info. On mobile you would click "Open Stats."
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🤔Have your #rFLR rewards reset? That means a new rewards epoch has begun! This happens every month and you can check the schedule in the article below. Your previous epoch's rFLR rewards are now available to claim via the emissions tab of the Flare portal https://t.co/prQB4s4Jbm
flare.network
Reward FLR, or rFLR, is a core part of Flare’s growing DeFi ecosystem that rewards and incentivizes participation.
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Great news @FlareNetworks! Borrows have opened for #FXRP and #USDT0 in our new Fassets Iso Market. USDT0 cap is set at $400k and FXRP cap is set at 144k, will be raising them incrementally as we are able to do so safely. #XRPFi is on the move!
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We welcome all $XRP users to Kinetic, @FlareNetworks premiere lending protocol! By minting and supplying #FXRP to Kinetic, XRP holders can participate in Flare's defi ecosystem and earn rewards without compromising decentralization. (video by @whale589) https://t.co/GDOhFoAg7B
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You may notice something new on your Kinetic dashboard... That's right you can supply #FXRP or USDT0 to a brand new #FAsset dedicated Iso Market! Grab your FXRP and head to https://t.co/s56bg6EpSQ to get a head start on your #XRPFi journey.
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It's finally here! #FXRP is LIVE on @FlareNetworks!
For over a decade, XRP has powered fast and efficient settlement at scale. FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi. Mint today: https://t.co/1ovLRNisHZ
https://t.co/Kjsp3Okyrc
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@whale589 @FlareNetworks It's important to remember that, Flare was already eminent when FXRP's eminence was merely imminent.
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🔥FXRP is coming. ⏱️Soon. 🫵Are YOU ready, @FlareNetworks?
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