Flare is set to launch FAssets v1 on its mainnet, allowing assets from blockchains without smart contracts, such as XRP, DOGE, and BTC, to participate in decentralized finance (DeFi) services. The expansion of the Flare network also includes the development of XRP-based services and partnerships to enhance security. Flare is also exploring opportunities in artificial intelligence and community engagement. Despite the volatility of its native token, FLR, Flare remains optimistic about its position in the DeFi sector.
Other News from Today
Bybit sparks debates as it seeks nearly $100k in refund from ParaSwap DAO tied to hacker’s swap fees