>What wallet do I use? There is no right answer for this. Mostly personal preference and security vs. convenience. Hot storage (with Spark support) - XUMM or Exodus. Cold storage - Ledger/Trezor or Paper/Metal Wallet Do not use Droplet wallet, it is a scam.
FlareX = swap tokens and provide liquidity (like DEX & UNISWAP but for all tokens)
FlareFarm = farm tokens but starts with Yfin tokens (and also for governance)
FlareUSD = create stable coin FUSD backed by usdt/usdc/dai in smart contracts (FUSD backed by 1:1 so if one side decreases so will the other) [can be used to issue bonds, certificates of deposits, other financial services]
FlareLoans = pool your assets to be loaned against a borrower's collateral (loans will be collateralized 120% so if debtor misses a payment then part of collateral is paid to the creditor) [if debtor defaults whole loan creditor gets 20%]
FlareMutual = insurance, allows people to create mutual pools that will cover new projects & insure their risks against events like smart contract failure, hack and bugs (mysteriously losing money)
FlareMine = mine BTC/ETH then swap to spark FLR (miners receive YMIN token),
$YFIN = 10K VOTES $YFLR = 1 VOTE Cost of proposal is 0.0025 YFIN or 250 YFLR
YFLR is given thru DAO Offering after 1 month of launching Flare Networks Mainnet
Each 1000 FLR (Spark) you will get 1 DFLR (Dao flare) THEN ONLY HAVE 7 DAYS TO SWAP DFLR FOR YFLR
YFLR can be earned by Dao offering, staking YFIN on flarex, providing liquidity on flarex to any pair with with YFLR
YFLR in governance to vote on fees schedules, mining rates, reserve pools, vote on new listings/white listing YFLR can be used as fee on flarex and flareusd .. or farm YFIN on FlareFarm
YFIN can be earned by providing liquidity on flareX to any pair with YFIN and/or farming on FlareFarm with FLR, YFLR, FXRP, FUSD First year 8000 YFIN thru farming and 1000 year after
YFIN also earned by loaning your assets on FlareLoan 1000 YFIN first year Or putting your assets in mutual pool on FlareMutual 1000 YFIN first year
YFIN can be used on FlareX to earn YFLR
YMIN can be earned by mining on FlareMine or providing liquidity on FlareX to any pair with YMIN YMIN can also be used as a mining rate multiplier to earn more YFLR when staking YFIN
When we all make it, I'm inviting all of you to an extravagant brap buffet. Cabbage, cauliflower, steamed broccoli and cuttlefish will be fed to the fine women beforehand. Relax, enjoy our wealth and inhale the sweet braps. You won't need to imagine the smell any longer, frens, you can enjoy the smell.
I'm still holding, bought at the bottom anyways, i'm not here for a 50% gain but for a x10 or x100.
Blake Williams
Probably gonna sell 5-10% of my stack to pay some business expenses. I'll merely be at x2 gains. Gonna feel dumb when $2K hits in less than 20 days from now. Oh well.
