Exploring Enosys on Flare – Full Deep Dive & Real Use Cases!

Hosis, we're back at it again with this Flare Ecosystem deep dive. Me and my buddy Blues Guy, great person and member of the channel and he is very passionate about this stuff. So, he's a perfect person to break this stuff down for you. What is anosis? It's a web 3 defy ecosystem built primarily for the Flare network. And he's going to tell you all about the bridges, the loans, the NFTts, all that fun stuff. So, with no delay, you want to learn more about the Flare ecosystem, stick around over to Blues Guy. This is blues guys baby for underground channel. My passion is flare network while singing the blues. Today I wanted to talk about enosis. Enosis Greek if you put an h here. Greek for union. Union of what? One should ask. Well union like you know a

bridge right? bridging different kind of networks like Flare is doing right now with all the XRP ledger and DeFi and EVM, Ethereum virtual machine and all the smart contract and pretty soon we all know that BTC and Doge and XLM are coming onto Flare network. This is why I'm so bullish on Flare. This is why I'm so bullish because it is a monster in the making. Please like and subscribe the video, share and comment and send your gratitude to underground because he is bringing you to the sauce every single day deep diving for all of you. Now if you click on open up it will take you to Inosis. Oh yes and is a deck just like uh Spark decks uh just a little smaller. So let's assume your wallet is connected and we already have some rap flare

and some flare and all the tokens. And if you go here, right here, you'll have the little taskbar here. So, basically, you can ask for borrowing and lending assets. We all know how it is because we uh were into the um kinetic uh app where you could borrow and lend. Then you could swap your token just like in once again Spark Deck um and Kinetic as well. and Clover will have a look at it and I believe they talk about uh different prices with the app the fair distribution protocol designed for companies to create private events and fair which is kind of cool and then the bridge between different blockchain and Gary right so let's go to loan firstum bum so basically um it works with CDP dollars what are the CDP dollars well CDP4 car pay platform a

collateral deposition uh is it it is not just a single token but it's actually a um a DeFi mechanism uh generating stable coin. So basically it's only you'll find that on that platform and basically what you got to do is you got to convert and mince some CDP. So for example here you use your flare XRP and rev flare and but you'll have to let's click here I'll show you by convert right so using your FXRPX collateral but there's a minimum and the minimum is 500. will for that video and for that sake, I'm not going to do it. But we all know that borrowing uh give you leverage on to uh help you if you know you know you uh your token is going to pump and you borrow at a certain amount and you'll repay less because

your your uh coin actually pump. But not only that, but you also earn yield on and percentage APY on pretty much anything here. So this is why Flare is amazing. So basically Yeah. And then you earn some CDP dollars. And if you go to earn here, you can deposit your CDP and earn yield on that as well. The incentive for that tells you here. And then you could add to the liquidity pool, the stability incentive, the rap flare incentive, and bold incentive. So basically, it's a dead you can do a lot here just like in spark decks. Um, yeah. So that's right here. If I go back to the main page here, And yeah and then you come here you could swap it and then this is the farming. So that's the liquidity that what is available here on

Inosis. So SD XRP we all know that is the stake XRP that you use on fire light. FXRP is flare XRP. So it's the version of XRP uh wrapped and basically you do that by going on to the flare network. But into the flare network, you need to have flare token in order to utilize it. So CDP, we know what coin, we just talked about it. USDTO is a stable coin rap flare uh that you use your flare and wrap it into you could wrap it at the swap. Uh HLN, let me think. HLN. Oh yeah, HLN is the uh Helen uh token and it's the own it's theosis coin. So it's is native coin. APS it's the absis coin. Um it's a coin that act as the governance and the reward for its ecosystem for the anosis ecosystem.

Uh let's see what else do we have here. S flare uh that is state flare and raf flare aps as well again eurousd uh raflair uh oh eat and eat is the uh wrapped eat onto the system here um and then we have equants the same so basically these are the APIs and how much you can yield and earn here okay so if every day they gave you an incentive based on the amount of token that you are farming right here. How do you farm? Well, if you look here, there's no active position right now, right? So, we go here at liquidity and you go right here, you click on it, it'll take you to the page, then it'll take you right here and then you'll be able to stay uh to uh farm uh the amount that you

have. So, let's say hypothetically here I don't have any ST XRP right on this moment. So, what I'm going to do for the sake of this video, um, I'm going to go with the rap flare because I do think I have some Ram Flare. Uh, let's see if it would potentially give me Yeah. Okay. You see here, I enter the amount. So, I would go maybe conservative always. Uh, I'm going to show you what it is. Uh, and let's say I put a,000 flare, right? All right, let's say I go 25% of my lot here. And when you click on aggressive, look at the bottom right here. So this is the limit. So what happened is this so beautiful because the way Flare operates is that you cannot get liquidated. So basically they want you to win and get

money. It's not like the old system. That's why it's so beautiful. That is why I'm so bullish on Flare Network and this is why you will like and subscribe the video because you are so seeing the potential of it. And basically here if you go to conservative you see you get a bigger gap here. So I always go to conservative and play with that. So and then you approve the FXRP. So I'm going to do it but just to show you the differences here. You see here flare the amount right now the volume the fees and the contract address right here. If you click on that it's going to take you onto the explorer. And yeah that's the let's do approve. Let's hope that my internet is good today because doing two things at the same time with the

old internet with the old computer that I have and the internet that I have in Canada. Remember Juji always says that there's not enough internet here in Canada for everybody. It's because I'm doing two things at the same time here. And let's confirm it then just for showing you in the video. Let's hope that it works right quickly. You're going to hear that little foxy sound. There you go. So I have my position done and I'm just waiting for that to load right now. So basically that's what it is. There you have it. Perfect. So if you go to my position after that, you go to liquidity and then you guide to active. What? There's zero active position. I don't understand what's going on in here, guys, because I already did it. Or maybe it takes some time here.

But yeah, so you have all the other ones here. You see right here, uh you click here, you'll have exactly uh what it gives you and everything, right? So I'm not even sure if it worked, but that's how you do it. I hoped it did, but I don't see it here. So yeah, that's how you do it. Anyhow, basically that's what it is. Now, if you go to farm, it'll take you right here. Yeah, I was hoping that it will reset it and I have my active position, but it didn't work. Okay, let's move on. Blue sky. Let's move on. Uh, right here you have what are availability summarize the yielding staking and farm and governance. Okay. And manage your stake position. Let's see what it is here. May it might have worked. All right. So, basically, it's very

simple to use. Now, if you go back here and then you go to Clover, that'll take you to the distribution center. Destiny T weights. Enter the gateway of Destiny events and unlock exciting prices. Concure multiple tiers each with its own. So, everybody has some perks and games. It's really fun. So, I believe that's the Cubit. Uh the Getway, the Mint. Yeah, the Quark. The Quark. Not the Cubit. The cubid is actually a secret uh measuring system from the Egyptian. Uh yeah, I have some powerful energies behind it, but I will be for another time. So, let's see mint here. Did I already mint some? Uh let's see. Switch network. Okay. Let's see. Minting. No. All right. Okay. Yeah, I'm discovering a little bit like you guys. I play with it a little bit before, but switch network. Maybe it's

right here. No, it's the same. All right, prices. Okay, explain you what it is. So, let's go here. Tier one, Nintendo Switch. Whoa, you see those prices? This is fun. You can win all these by participating. Zum wallet, the seven wallet, rodeium, samurai NFTts. Wow, guys, you have to take a look at that because this is amazing. Enosis, do you guys remember what it means in Greek? Union. Anyway, uh thank you Eugi. Thank you for everybody do. Oh, that's because I didn't connect my wallet. Okay, mine on task, Blues Guy. Mine on task. I'm just so very excited and so bullish guy on flare. It's very wonderful. I'm just waiting for my little foxy guy here. It's taking longer than usual but yeah guys. Okay. So I should have come prepared but I guess I thought it might have

worked but it's not working at the very second but it's okay. Let's keep moving. So that is Clover and if you go to gallery it'll take you where? Let's go check it out. Oh yeah. This is where you can mint as well. Oh it gives you all the information. Yeah. This is unbelievable. I love this place. So, this is a noises, guys. Love it. Flare drops. Wow. You see, they gives you even all the information on flare. Back to safety. Thank you. Uh, but that's beautiful. I love it. Thank you for joining the channel, guys. Stay underground. Stay crypto. I hope you enjoyed the video cuz I certainly did. and you managed to find us for a reason. And this is Blue Sky for Underground Crypto and thank you for joining in. Much love, gratitude, and blessing. Thank you.