January 20, 2023 - xrpbags.io

RIPPLE/XRP DO YOU SEE WHAT’S UNFOLDING!! STELLAR BANK!!? XRP 40 CENTS… NEXO SUED!!

January 20, 2023
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Moon O'Clock News

FLARE FIP VOTE LIVE!! MORE FLR TO THOSE WHO PARTICIPATE!! WHAT WILL YOU VOTE FOR!?

January 20, 2023
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https://portal.flare.network/

https://medium.com/flarenetwork/fip-01-flare-distribution-inflation-incentive-pool-proposal-41a266086601

If FIP01 is successfully passed by the community, individuals will no longer be reliant on distributions from centralized platforms. If the level of staking on Flare is anywhere near the industry average, then those who delegate will receive more Flare tokens via the new proposal than the current system.

This proposal substantially lowers inflation and reduces the long term supply, meaning those that participate could end up with a meaningfully larger share of the token ownership as they would have more tokens with fewer in circulation.

FIP01 enables anyone holding FLR to delegate and receive a share of the distribution, this makes the distribution transferable, generates a strong incentive to reduce excess liquidity and treats all those who hold FLR, however they obtain it, equally.
In some tax jurisdictions, this proposal makes it possible to defer the tax event of realizing Flare while still receiving the remainder of the token distribution, allowing better control of the timing of the tax liability.
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