🌶️ Hot Take: It's time to end capital extraction on Flare.
MEV has been feeding off of EVM DeFi for too long.
Flare is using FIP.16 to eradicate MEV bots for good.
That means extraction ends, and FLR burns accelerate.
Flare DeFi is about to explode.
@mrJackLevin You ruined a lot of lives. Some of us choose to just move on. But you Jack will one day have some explaining to do.... You came from Google and remained like them. A greedy prick
LATEST: @FlareNetworks opens voting on FIP.16 tomorrow, a proposal to cut $FLR inflation from 5% to 3%, capture MEV at the protocol level and redirect revenues to fund token buybacks and burns.
LATEST: @FlareNetworks opens voting on FIP.16 tomorrow, a proposal to cut $FLR inflation from 5% to 3%, capture MEV at the protocol level and redirect revenues to fund token buybacks and burns.
JUST IN: @FlareNetworks proposes capturing MEV revenue at the protocol level to fund $FLR buybacks and burns, while cutting annual token inflation from 5% to 3%.
Stablecoins on Flare have been hard at work scaling alongside XRPFi.
They’re in vaults, lending markets, and DEX liquidity.
If you’re only watching headline TVL on other chains, you’re missing live borrow demand here.
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