uGaenn Validator

Today at 2 PM: Flare CEO @HugoPhilion will be speaking at @RippleSwell. Come hear how XRP DeFi on Flare has come together, and what it does today.

We welcome @FlareNetworks to the recommended XRP Ledger validator list published by the XRPL Foundation. Flare aligns with the core values of the @XRP Ledger, is actively participating in governance, and contributes to the broader ecosystem.

Proof of reserves usually reaches the market as a periodic attestation from an accounting firm, a document no smart contract can read or act on. Confidential Compute on @FlareNetworks turns that check into something contracts can verify, and the trust comes from four layers around the hardware: → Flare's data providers must approve each request before the secure hardware runs it → Only approved code can run, and each version's fingerprint is recorded onchain → The hardware proves it's running that approved code → Contracts verify the signed result before any app can use it The providers approving requests also run Flare's price feeds and cross-chain proofs, backed by roughly 47B FLR staked or delegated, about half of circulating supply. That shared setup lets Flare's tools work together: a lending market could price collateral and check a borrower's private financials on Flare, or a fund could publish a verifiable NAV without revealing its holdings. Our report is clear on the limits: Confidential Compute proves the check ran correctly, but the data still comes from the institution providing it, and for now the hardware runs on Google Cloud, operated by the Flare Foundation. What comes next? Opening it to outside builders, with its fees already designed into Flare's protocol revenue pool. defillama.com/research/repor…

Kraken DeFi Earn users can now access a Sentora-curated USDC vault with Firelight cover natively embedded. Vaults have become the way institutional platforms bring clients onchain. They now hold more than $15B in TVL, but protection hasnt kept pace: onchain cover across DeFi is about $123.7M, roughly 0.14% of total TVL. A protected vault separates the job into layers, each run by a specialist: 1. Curators like @SentoraHQ select the markets, set allocation limits and leverage, and decide when to rebalance. 2. Vault infrastructure providers like @veda_labs and @upshift_fi supply the contracts and tooling for deposits, withdrawals, share accounting and strategy execution, and natively embed the cost of cover into the vault, so users see it in the net rate with no separate billing. 3. @Firelightfi prices and backs cover across each market/strategy, its dependencies and the vault contracts, with rates fixed and published onchain for each 30-day period. 4. Platforms like @krakenfx provide access inside its existing earn flow. 5. If a covered incident happens, theres no claim to file. Affected positions are included automatically, an independent Risk Consortium of five firms (@HypernativeLabs, @CredoraNetwork , @nativeinsurance, @labsGFX, @cyfrin) validates the loss, and stablecoin payouts can route directly to depositors through distribution solutions like @merkl_xyz. The result is a platform that can tell its users exactly which failures are covered and how theyd be made whole, before they deposit. We think this specialist-led structure becomes the standard way onchain yield reaches a broader audience. Full write-up on how it works: firelight.finance/articles/h…

"Public prices first, then verified external events, then assets from other chains, and finally private data. Smart Accounts close the loop by connecting that stack to the people who hold the assets. Each Flare product builds on the layers beneath it, which is why the suite is best read as a single architecture" - Flare stack explained by @defillama_res