Bootstrap fund ending and liquidity migration announcement on Conflux Network

The bootstrapped liquidity mining program on Conflux Network will end on March 30th, 2021, and the liquidity migration will be conducted during 14:00–16:00 (GMT+8) on March 31st, 2021. The liquidity migration will affect the Compound deposit certificates (cToken) and Aave deposit certificates (aToken) staked on the Flux platform.

The details of migration and possible impacts are listed below:

  • After Conflux block-height 27396088 (https://confluxscan.io/block-countdown), est. March 30th, 2021, the Flux staking interface will no longer support the “Stake/Unstake” operations for cToken / aToken; the liquidity mining of the staked tokens will continue until the liquidity migration
  • The liquidity migration will be conducted between 14:00–16:00 (GMT)+8) on March 31st, 2021, during which the staked aToken and cToken assets will be automatically migrated to the Flux platform deposit. There will be NO further actions needed from the user side as the Flux smart contract will automatically transfer the cToken/ aToken into Flux deposit certificates (fToken).

After the liquidity migration is over, the weightage will be adjusted accordingly! The supply mining weightage will be increased from 18% to 29% and the borrowing mining weightage will be increased from 27% to 46%!

If you don’t want Flux do migrate your liquidity, please unstake your cross-chained aTokens and cTokens before Conflux block-height 27396088!

Below are fToken contract address for (The deposit of Flux protocol):

fDAI : cfx:acd8r9pbdfrgtk91nmx9g90v2ttnkrb3sjdtw31gcv

fETH : cfx:acazttk776n18f94srw24p4hx2tbgw2f9az9m79y16

fUSDC : cfx:acbsm6z76rec4ayjhc4d8z129z8nc4104ytb6c9vd8

fUSDT : cfx:acbbu0bcyw06b6rw53t03k959gvd4zdpg6ek80b7s2

fBTC : cfx:aceau0ws05j9y426rt8fx8vks12wz296my3wgrrgsb

fCFX : cfx:accw55t8d4d84tpkuzkhw9tzaaaj1zru0uu5j9a585

fFC :cfx:acbw0byggmvac26kdxbsb8m9530s2md5kpp09e9010

fYFII: cfx:acgz977j2gyya6ybdk24m3bha3tnup66wa7r2ectbj

Flux Protocol is a borderless lending protocol, where low transaction fees and cross-chain interoperability are the reality

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Motorola Droid Turbo 2 review: ready for the drop

{UPDATE} Animal Combination Hack Free Resources Generator

Why we should worry about Cybersecurity at the Capitol

Google Tools to be Disrupted? | Ciphers Digital

Understanding Identity Theft And How You Can Prevent It | News Break

{UPDATE} Whist - Lite Hack Free Resources Generator

Few things to do with your Hacked Android Victim.

History of Bank Robbery!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Flux Protocol

Flux Protocol

Flux Protocol is a borderless lending protocol, where low transaction fees and cross-chain interoperability are the reality

More from Medium

Introducing our Launchpad partner : Poolz

Adshares launches Yield Farming on ApeSwap

Weekly Development Update 38

Jigstack’s Community Update — December 2021