Let us take a closer look at the true potential of the decentralized finance layer built on Flow. Imagine the remarkable results when a builder introduces a comprehensive DeFi ecosystem to a Layer 1 network that features MEV resistance alongside sub-cent fees. A perfect illustration of this is KittyPunch. The platform delivers an extensive range of financial services, providing users with an aggregator, auto-compounding vaults, yield farms, stableswaps, and spot trading. Having already generated $300M+ in all-time volume, this project perfectly showcases what this robust infrastructure makes possible today.
Registration for Season 13 officially opens on March 31 at http://playmfl.com. By signing up, you will join a thriving roster of 5,000+ managers in an environment that completely defies industry norms.
While traditional football management games wipe your progress every year, MFL ensures your achievements remain intact. Operating on Flow, the platform has successfully delivered 13 seasons of persistent, onchain competition. Throughout this journey, the community has accumulated $5M+ in in-game asset value, offering a truly continuous and rewarding gameplay experience.
Only 7 days remain to secure your spot in the @PL__Genesis hackathon. Competitors will be vying for $150K+ in available prizes, and the opportunity extends far beyond a simple cash reward. The program offers a clear progression that guides participants from their initial submission directly into a funded accelerator, ultimately culminating at a live demo day hosted in Dubai. Over the course of this week, the foundation for the next major consumer DeFi app on Flow might very well be created. Please refer to the 🧵 below for the signup link to get started.
Imagine a system where the prize pools for fantasy sports actively generate yield before the funds are even distributed. The team at @aisportspro is turning this exact concept into reality by building their platform on Flow. Because these pools accumulate yield over time, the approach ultimately delivers significantly larger payouts and enhanced rewards to both players and collectors alike. Discover the inspiration driving this innovative project straight from the founder right here: https://flow.com/post/from-silicon-valley-sales-to-consumer-defi-my-founders-journey
We want to inform the community that trading services for FLOW on the South Korean exchanges Bithumb, Coinone, and Upbit have officially closed as of today. If you still hold your FLOW assets on any of these specific platforms, please make sure to transfer your funds out no later than April 16.
Rest assured that uninterrupted access to comprehensive FLOW services remains entirely available through Korbit, as well as on major international trading platforms.
Looking ahead, the Flow Foundation is actively dedicating its efforts toward expanding FLOW into alternative networks, reestablishing complete market availability within South Korea, and enhancing liquidity levels across current partner platforms.
Read the comprehensive details in the continuing thread 🧵
The Flow Foundation maintains an unwavering dedication to guaranteeing that $FLOW remains accessible in all markets. To protect this access, the Flow Foundation and Dapper Labs formally submitted a filing today to the Seoul Central District Court. The purpose of this legal action is to halt the scheduled termination of FLOW trading support on three Korean exchanges, currently set for March 16.
Beyond this legal step, the network is seeing positive developments globally, with every major international exchange reinstating full services for FLOW. Within Korea, Korbit has cleared FLOW following an internal review. Internationally, HTX has independently confirmed full service restoration, and Binance recently removed its monitoring tag after releasing a joint resolution with the Flow Foundation this week.
Momentum within the Flow ecosystem is also gaining speed. Major brands such as the NFL, Disney, Ticketmaster, and the NBA are actively continuing their development on Flow. Additionally, the last quarter saw developer activity reach all-time highs, while an independent report from Messari has validated the network's trajectory toward consumer finance.
Please refer to the link below for a comprehensive update regarding exchange resolutions, our ongoing commitment to the Korean market, and the continued growth of the ecosystem.
@HTX_Global have published an update confirming the full resolution of the December 27 security incident on the Flow network.
HTX confirms that all FLOW assets held by users on their platform remain intact and fully validated. $FLOW trading, deposits, and withdrawals on HTX are open and operating normally.
HTX has also removed its previous notice from January 13, noting it no longer reflects their current assessment of the actions taken by the Flow team, based on the transparent and comprehensive post-incident report released by the Foundation.
Flow Foundation looks forward to continuing to work closely with the HTX team.
Ecosystem News: Issue Resolved in Partnership with Binance
Together, the Flow Foundation and @Binance have successfully finalized the resolution of the security incident that occurred on the Flow network on December 27.
Through a joint response effort, we have implemented all necessary measures to ensure the full protection of our users. We are happy to verify that every aspect of the security incident is now closed. As a result of this outcome, the $FLOW listing on Binance has resumed its normal status.
Both of our organizations maintain an unwavering commitment to constructing a crypto ecosystem for our communities that is safe, dependable, and resilient.
You can find the comprehensive announcement via the link below 🧵
@MessariCrypto a cartografiat întreaga traiectorie pentru Flow. Rețeaua raportează în prezent o ofertă de stablecoin de 26 milioane de dolari, cu PYUSD reprezentând 57,5% din total. Caracteristicile esențiale ale ecosistemului includ echivalența EVM, împrumuturile consacrate și automatizarea onchain. În plus, aplicațiile de randament pentru consumatori sosesc pe rețea.
Here is the blueprint for connecting with the next billion users. By utilizing a network of 2,000 vending machines and collaborating with 300+ creators, @24karat_io is successfully bringing mainstream consumers in Asia onto Flow. The process is so seamless that, although 99% of these users have never heard of blockchain, they are being onboarded without even knowing it.
Suntem bucuroși să raportăm că Korbit, principalul schimb centralizat care servește Coreea, a readus cu succes servicii complete pentru $FLOW. Această actualizare restabilește capacitatea pentru toți utilizatorii coreeni de a participa la tranzacționare, precum și de a efectua depuneri și retrageri 🇰🇷. Prin revenirea la o stare complet operațională pentru acest activ, Korbit se află acum în compania Coinbase, Kraken, HTX, Binance, MEXC și OKX.
Fundația Flow execută o ardere permanentă de 50,343,896.87 FLOW astăzi la 12:00 PM PT. În plus, organizația intenționează să procure încă 50M FLOW pentru tezaurul său pe termen lung în următoarele luni. Aceste acțiuni servesc ca un testament al angajamentului mai larg al Fundației față de $FLOW. http://www.flow.com/post/flow-foundation-a-commitment-to-flow
Dezvoltatorii care construiesc pe rețeaua Flow pot acum accesa un fond de finanțare care depășește 100K $, distribuit între hackathoni, recompense și programe de granturi. Pentru a facilita inițiativa de granturi, rețeaua a colaborat cu @dorahacks pentru a introduce Flow Grants DAO. Pentru ciclul actual, 50.000 FLOW este alocat în granturi, iar echipele care finalizează cu succes lucrările vor avea, de asemenea, acces la servicii continue de consultanță și asistență în strângerea de fonduri.
Dacă intenționezi să construiești aplicații pentru consumatori concepute pentru a scala la milioane, asigură-te că aplicația ta este trimisă înainte de termenul limită pe 22 feb.
Poți găsi linkul pentru aplicație în interiorul 🧵
Asigură-te că urmezi @flow_developers pentru a rămâne la curent cu oportunitățile ulterioare pentru asistența dezvoltatorilor.
Sute de milioane de utilizatori de pe platforme majore au acum acces la $FLOW. Serviciile complete, inclusiv retrageri, depozite și tranzacționare, sunt oficial active atât pe Binance, cât și pe HTX. Aceste platforme se alătură Gate, OKX, Kraken și Coinbase, toate fiind complet operaționale de la finalizarea proceselor de restaurare la începutul acestui an.
Între timp, Fundația continuă să participe la discuții active cu bursele membre DAXA. Cu asistența echipelor legale și de consultanță locale, Fundația menține un dialog direct cu DAXA pentru a restabili accesul pentru parteneri și utilizatori în Corea.
Apreciem pe deplin dificultățile pe care această situație le prezintă pentru comunitatea Flow din Corea. Ca atare, realizarea accesului global complet pentru toți deținătorii de FLOW reprezintă cea mai mare prioritate operațională a Fundației. Informații suplimentare cu privire la statutul burselor vor fi furnizate nu mai târziu de vineri, 20 februarie.
The world's largest centralized exchange, Binance, has started the process of restoring $FLOW services. Access to trading, deposits, and withdrawals is set to go live imminently. Following diligent efforts to reinstate these services alongside @Binance, the Flow foundation looks forward to a continued close partnership with their team.
Since the security incident on December 27th, the Foundation has collaborated extensively with our centralized exchange partners to address all concerns and return to standard operations. We are happy to confirm that the network infrastructure is functioning exactly as anticipated, all counterfeit assets have been eliminated, and absolutely no user assets were affected.
Currently, HTX is performing concluding reviews to fully reinstate $FLOW services, which covers trading capabilities as well as deposits and withdrawals. Once complete, HTX will operate alongside Coinbase, OKX, Gate, Kraken, and other platforms that have already brought all $FLOW activities back online.
Regarding recent announcements, the Foundation is currently holding discussions with both DAXA and the Korean exchanges. We plan to release a detailed update on this matter within 72 hours.
Discussions with major centralized exchanges that had exposure to the fraudulent tokens have been successfully finalized.
Following the Flow security incident on December 27th, a handful of centralized exchanges paused trading and normal operations for FLOW. The Foundation has been in discussions with these partners over the last few weeks to help resolve any concerns they may have had. During discussions all involved parties prioritised ensuring minimal impact to users, and we are happy to report that no user assets were impacted.
Now with these discussions concluded, it’s expected the majority of them will resume trading throughout this week. These remaining exchanges will be joining Kraken, Gate, Coinbase, and others who have already enabled $FLOW trading.
Flow is secure, counterfeit assets have been destroyed, exchange operations are being restored, and the infrastructure is operating as expected.
We are pleased to announce that a solution has been reached in cooperation with Celer regarding ceWETH and ceWBTC holdings. These specific Celer bridges are scheduled to be discontinued; however, owners may swap their funds for matching assets on Flow EVM. For those seeking different connectivity solutions, Flow offers a variety of other significant bridging alternatives, detailed in the link below.
This replacement initiative applies comprehensively to every holder of ceWETH and ceWBTC within the Flow ecosystem. It does not matter how many tokens you own, the date you obtained them, or if they are stored on Cadence or EVM; if you have these assets on Flow, you qualify for the exchange.
To get started with the exchange, please send an email to support@flow.com. The Foundation is responsible for managing these requests directly.