#Songbird just hit a major milestone with over 1 million wallet addresses created.

3 years in the making — transactions and blocks keep soaring too.

Great to see the network humming and thank you for all the $SGB supporters 🐦

The AI market is expected to grow ~5x over the next three years.

This makes the need for data one of the most valuable commodities in the crypto space.

There's a project facilitating the expansion of secure and decentralized data sources.

A 🧵

Think you've got the next market-beating trading strategy?

Prove it. Compete for $12,000 🏆

Rainlang empowers you to code custom algorithms leveraging the Flare Time Series Oracle (e.g. Dollar-Cost Averaging, Dutch Order, FTSO Spread).

Details 👇
docs.rainlang.xyz/blog/rainlang-…

It’s nice to see the ecosystem evolving and cross pollinating!

Often, oracles follow a permissioned approach, only inviting large players as data providers.

Not Flare ☀️.

Our permissionless onboarding means anyone can join, keeping the FTSO decentralized & secure.

Supported by open delegations from every $FLR holder 🫵

We're putting the finishing touches to the FAssets Open Beta to ensure a seamless experience for everyone.

Head over to the blog for a deeper dive into Flare Labs' progress: flare.network/fassets-beta-p…

The future of utility on Flare ☀️ is bright, and the #FAssets Open Beta…

A number of our most experienced infrastructure providers have started the transition to the new FTSOv2 Scaling model and are already submitting data on #Songbird .

A major step for FTSOv2 & FAssets ☀️

Learn more about FTSO Scaling's deployment phases: flare.network/ftso-scaling-d…

🥁 ...aaand yes!

Happy to share we also are among the first 25 Flare ☀️ providers submitting in this 'Trial Phase' of songbird FTSOv2.

Can't wait for the others joining the party 🥳

💪 #Flarenetwork #FLR #SGB

Been running the new Flare FTSO v2 stack on Coston and now on Songbird. The stack & codebase are elegant and awesome! I see the scaling potential.
Awesome job Flare ☀️! Top notch. Adding value. Great to be participating since the early days. #SGBCommunity #FLR #Songbird

Raindex on Flare lets you set limit orders, copy trade and develop your own trading strategies in 'Rainlang', their smart contract language.

It’s easy to learn, and super intuitive - and Raindex is hosting a $12k competition to showcase your Rainlang skill!

$FLR liquid staking offers benefits:

1️⃣ Can stake any amount (v.s. 50k min for individuals staking)

2️⃣ Putting your staked FLR to work ( Receive #FlareDrops + access dapps on Flare)

3️⃣ Staking derivatives enable #DeFi use for additional yield (e.g. lending & borrowing on…

⇒ Flare ☀️ FTSOv2 will introduce evolution in Oracle landscape:

🔴Up to 1000 data feeds
🔴Updates every block achieving a near real-time speed (1-2 secs)

⇒ So, how does it work and how it hyperscale Flare Network?

⇒ Enter Flare FTSOV2’s QuickRecap! 🧵

— 🟢 ONE PAGER…

Oracles play a crucial role in crypto, safeguarding substantial amounts of value by providing off-chain data to on-chain smart contracts.

$FLR is developing fully decentralized oracles to bolster dApps across Flare and other blockchains.

The Flare Time Series Oracle presents…

Experience the power of Raindex ☔

See how easy it is to deploy & fulfill an order.

Ready to try it with your #Flare assets?

➡️ Download the desktop app: docs.rainlang.xyz/raindex/gettin…

🧠 Meet rainlang community: t.me/+W0aQ36ptN_E2M…

Longer thread on why the FTSO V2 has been prioritised over FAssets. *Remember that all of this is governance based. If the community wants the Flare Foundation to switch to focussing only on FAssets (with Flare Labs) you can stop the upgrade to FTSO V2 by voting against it.*

I saw that the community was expecting FAsset Open Beta in April. We have a few more things we need to do first. 1) FTSO V2 with Fast Updates fully deployed. 2) Get confirmation that the XRP testnet will not be reset during the Beta. FAsset Open Beta is coming soon.

🚨 Competition alert 🚨

Together with Flare ☀️ and RareSkills, we’re celebrating the release of the Raindex app with a trading strategy competition with $12,000 worth of $FLR in prizes.

The comp opens May 7 and closes May 28.

👇

What #FlareDrops are:

• 24.2B FLR available to claim in 36 installments.

• All wallets that stake $FLR or wrap it into $WFLR are eligible.

• Next drop date is May 10.

No hidden hassles & points system attached.

How it works ⬇️

Crypto pairs, fiat money, commodities’ prices... are just the initial focus.

The long-term vision includes adding real world data feeds beyond prices.

#FTSOv2

'Decentralizing AI can result in better, more accurate AI models, which is beneficial for business, society & the advancement of artificial intelligence.'

— Hugo Philion ☀️ at @Token2049 #Dubai

Watch the full video for deeper insights on decentralizing AI: youtu.be/zW4ejEEJ4cs