What can you delegate?
You can delegate Flare (FLR) and Songbird (SGB), the native tokens of the Flare and Songbird blockchains. Delegating your tokens does not involve any transfer of value, simply a transfer of your vote power.
Support the Flare and Songbird blockchains by delegating your vote power.
Bifrost Oracle is a blockchain data provider run by Towo Labs, a Flare and Songbird Network development partner and the company behind Bifrost Wallet.
You can delegate Flare (FLR) and Songbird (SGB), the native tokens of the Flare and Songbird blockchains. Delegating your tokens does not involve any transfer of value, simply a transfer of your vote power.
Live on-chain prices from the Flare Time Series Oracle system on the Songbird blockchain.
Smart contracts on the Flare and Songbird blockchains are in need of accurate and reliable price date for various use-cases. The Flare Time Series Oracle (FTSO) is a decentralized system of signal providers feeding the blockchain with the requested price data.
An FTSO provider is an individual, team or entity running a service that programmatically collects price data from various off-chain sources, such as cryptocurrency exchanges, processes it and submits it to the blockchain according to well-defined rules and protocols.
A good FTSO provider maintains excellent uptime, has a good reputation in the Flare and Songbird communities, collects price data from a large number of sources, operates independently and with high integrity. You can utilize comparison sites like flaremetrics.io to see statistics for various signal providers.
A reward epoch lasts 7 days on Songbird and 3.5 days on Flare. Assuming that you have delegated your vote power before the last reward epoch began, you'll be rewarded at the end of the reward epoch.
The Flare and Songbird blockchains have an annually fixed inflation rate. Users delegating their vote power to well-performing FTSO providers are rewarded in the native tokens coming from this inflation.
Your selected FTSO providers may be inactive or underperforming. Only FTSO providers continuously submitting accurate prices are rewarded. It may also be the case that you just recently started delegating your vote power and have to wait for the first reward epoch to finish.
Unclaimed rewards expire after 90 days. Make sure to claim your rewards after each reward epoch.
Our FTSO provider address on Songbird Network is 0x69141e890f3a79cd2cff552c0b71508be23712dc.
Our FTSO provider address on Flare Network is 0x9a46864a3b0a7805b266c445289c3fad1e48f18e.
Our executor's address on both Flare Network and Songbird Network is 0xdD76d702358936Af39c0E9F7E71F9512C83cacaE.