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D’CENT FTSO Portal — support for Flare Network
Hello D’CENT Fam and the Flare Community!👋
We are excited to announce the updated release of D’CENT FTSO Portal with added support for the Flare Network.
Users can now connect the Flare Network address(account) to the FTSO Portal to perform wrapping of FLR tokens and participate in the vote delegation with the users’ favorite FTSO signal providers.
Wrapping (FLR 🔁 WFLR)
FLR token can be wrapped into WFLR token, an ERC20 token on the Flare Network. WFLR has many utilities within the Flare Network, the most popular use case is delegating vote power to the FTSO signal providers (Oracles) to receive FLR token rewards in return.
Delegating vote power
Using the WFLR token, vote powers can be delegated to FTSO signal providers. Vote power can be delegated to 2 different FTSO signal providers at any one time. In the example below, the delegation was done to FTSO AU and FTSO UK with the voting power distributed at 50% each.
List of Flare FTSO signal providers
FTSO signal providers list (D’CENT Partners)
FTSO UK / Use Your Spark / FTSO EU / sToadz FTSO / A-FTSO / EvolveFTSO / ScandiNodes FTSO / AlphaOracle / FTSO AU / Aureus Ox / Bifrost Oracle / FlareFi / Defi Oracles / Flare Oracle / and many more.
A full list of FTSO signal providers can be found here.
[D’CENT Wallet]
D’CENT Wallet is created by IoTrust, a company founded by security experts with over two decades of security know-how and engineering experience in developing deeply embedded security solutions based on secure-chip technology (SE and TEE).
D’CENT Wallet caters to the diverse needs of cryptocurrency users, prioritizing security and user experience. Users can choose the Biometric Wallet, Card type Wallet, or the free-to-use Software Wallet.
Disclaimer:
This blog is for educational purposes only. Information presented here, including projects or brands mentioned, is informative and not financial, legal, or tax advice. While we strive for accuracy, we cannot be held liable for any inaccuracies. Cryptocurrencies are inherently risky. Do your own thorough research and consider consulting a financial advisor for investment decisions aligned with your goals and risk tolerance. External links may be present and we are not responsible for their content or practices. Review their terms of service and privacy policies.
This blog is for educational purposes only. Information presented here, including projects or brands mentioned, is informative and not financial, legal, or tax advice. While we strive for accuracy, we cannot be held liable for any inaccuracies. Cryptocurrencies are inherently risky. Do your own thorough research and consider consulting a financial advisor for investment decisions aligned with your goals and risk tolerance. External links may be present and we are not responsible for their content or practices. Review their terms of service and privacy policies.
