Flux Protocol DeFi Strategies -Part 1

Earning Rewards while Earning Interest….

Being able to leverage your assets without selling them is a powerful tool that Defi brings to crypto traders. What is even more powerful is the ability to do this with Zero Gas fees and fast transaction confirmations! This is possible with Flux Protocol on the Conflux Network. Two tokens that we will focus on today is FC and CFX. FC-Fanscoin is the Conflux on-chain community token while CFX is the native token on the Conflux blockchain. In this article, we will discuss two types of strategies:

  • Supplying assets on Flux and earn APY%
  • Provide liquidity on Moonswap earning additional APY%
  1. Supplying assets on Flux and earn APY%
We paired the borrowed CFX with our owned FC to make CFX/FC LP tokens
In this example, our 50 CFX and 13.5 FC tokens gave us 25.47 MLP tokens

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Flux Protocol

Flux Protocol

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