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Max Supply: 1 Billion
[Current] Market Cap: $6 Million | Global Crypto Market Cap: $2.1 Trillion
All Time-High: $1.47 (Jan 15, 2022)
Market Launch: Dec 12, 2021@ $0.80
Subscribe to receive the following:
✔️ Name of Project
✔️ Team, Tokenomics, Technology Break down
✔️ Where to Buy/Which Exchanges with Links
✔️ Investment Strategy
✔️ Commentary
WHAT IS FLUX PROTOCOL (FLX)
Flux is the trustless data layer for web3. Flux is a cross-chain oracle that provides smart contracts with access to economically secure data feeds on anything.
TEAM
More on the FLUX PROTOCOL Team here
TOKENOMICS
The $FLX token secures the protocol and is necessary for creating and resolving data requests.
FLUX Blockchain Explorers:
AURORA - 0xea62791aa682d455614eaa2a12ba3d9a2fd197af
ERC20 - 0x3Ea8ea4237344C9931214796d9417Af1A1180770
|*As of April 5, 2022:
Max Supply: 1 Billion
[Current] Market Cap: $6 Million | Global Crypto Market Cap: $2.1 Trillion
All Time-High: $1.47 (Jan 15, 2022)
Market Launch: Dec 12, 2021@ $0.80
TECHNOLOGY/TOKEN UTILITY
Data requests sent through the network are validated and settled by validators who have to put up collateral in the network’s native asset to simultaneously secure the network while making it difficult for malicious actors to corrupt data requests. This mechanism is proportionately correlated with the Total Value Secured (TVS) by the protocol, incentivizing validators to resolve data requests honestly and disincentivizing malicious actors from resolving outcomes incorrectly. When a data request needs to be settled, validators stake the network’s token to earn the data request fee in question. If there is more value secured by the protocol, validators are rewarded from the increased data request fees. When less data is secured, the fees drop to disincentivize malicious actors as less value stands to be gained, incentivizing data request providers to leverage the Oracle cheaply.
Read More On Utility & Features of FLX Token
WALLETS/EXCHANGES: WHERE TO BUY
Buy $FLX at: BKEX,Trisolaris, or others
OVERALL SCORE
*score is based upon the transparency of the project, tokenomics, utility, and components of the website.
INVESTMENT STRATEGY/SUGGESTION
COMMENTARY & CRITIQUE