Flare Finance profile
Flare Finance Profile (EXFI)
Rating: E | Poor
Highly Speculative Small Cap
Project Safety Score

Mon, Jan 24, 2022 5:58 AM

E
Rating Poor
Market Cap $348372200
24hr Volume $997399.76645185
Price $3.16702
Review

Flare Finance

coin

Flare Finance is the first institutional-grade decentralized finance platform being built on the Flare Network. It offers a diverse suite of 6 trustless products to the participants of the Flare Network including; yield farming, swaps, loans, insurance, wrapping, and yield mining. Flare Finance has a goal to unite the ecosystems of the Flare Network in one easily adoptable platform for the holders of XRP, DOGE, LTC, XLM, and FLR.

Read more in the whitepaper:
https://assets.website-files.com/60718c9d72cc4322fb804890/60a6b4ea53a41000e4bb7d1d_Flare%20Finance%20-%20White%20Paper.pdf

Flare Finance Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Flare Finance Safety Report

Flare Finance has a safety score of 2.67

Flare Finance is a small cap coin.

Flare Finance is suited to a highly speculative investment style.


Flare Finance Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Flare Finance Red Flags

There are currently no Flare Finance red flags.


Flare Finance Development Score

The Flare Finance project has 6 active source code repositories.

The most recent commit was Mon, Mar 29, 2021 2:55 PM

  • 48 Watchers
  • 46 Stars
  • 3 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • no stars
  • no watchers
  • no mentionable users
  • no repo stars

Flare Finance Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Below average number articles to calculate the sentiment

Flare Finance Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Flare Finance?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Flare Finance has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • average gitHub account watchers
  • no reddit articles

Flare Finance Awareness Score

The awareness score indicates how well Flare Finance is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Flare Finance is but a good measure of longevity is how well the project is known by the general public.

Overall Flare Finance this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • poor search result total
  • very poor number of news articles mentioning Flare Finance
  • very poor number of headlines about Flare Finance
  • very poor number of Flare Finance YouTube videos

Flare Finance Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Brand new project age (released Jan 6, 2022)

Flare Finance Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very low USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Flare Finance Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Flare Finance Exchanges
Flare Finance Explorers
EXFI
Member Ratings (EXFI)

--/5

0 reviews
Ratings and reviews left by our members do not impact the profile score.
No reviews
Be the first to leave a review

No one is talking about Flare Finance, be the first to start the conversation.

Do you think Flare Finance is a scam project which will disappear in a rug pull in the next few months or do you think Flare Finance is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

68.75%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
3166
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Flare Finance Github
Flare Finance News
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