Cardano (ADA) can be integrated as an F-Asset in the Flare Network

in LeoFinance5 years ago

The Flare team is in the process of deciding whether Cardano (ADA) will be supported on their network. These cryptocurrencies, known as F-Assets, are produced on Flare Networks at a ratio of 1: 1. They had previously begun supporting XRP and LTC.


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Flare Networks has previously announced that it will integrate XRP and airdrop its investors at a rate of 1: 1. And until the airdrop date, Ripple (XRP) had been constantly rising. Flare Networks are now planning to integrate ADA.

The Flare Networks team asked "Should $ ADA be integrated as an F-Asset. #Cardano" with the survey launched on Twitter. The survey result is 85.3% "Yes", 14.7% "No". According to the survey results, investors favor integration. There is no clear explanation for now, but it may happen soon.

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