Flux Protocol liquidity mining to begin at Conflux Block Height — 24976888

Liquidity mining Flux Protocol’s Governance Token $FLUX will officially start at Conflux Block Height 24976888!

Flux Protocol will launch on several public blockchains (Conflux Network, Ethereum, Huobi HECO Chain, Binance Smart Chain, OKex Chain) as time passes. To incentives early participants in the first two weeks of liquidity mining on each network, a total of 5 million $FLUX are reserved as a Bootstrap Fund, and will be equally distributed and release to each public blockchain’s Flux Protocol in the first two weeks. The 5 million $FLUX are part of the 75% Flux Governance Tokens distributed to the community.

The liquidity mining methods and assets on Conflux Network are:

  1. Lending and collateralized borrowing on Flux:

The liquidity mining distribution weightage of the various pools on Conflux Network are:

75%:

Flux Protocol Supply & Borrowing — 45%:

  • caDAI — 3.75%
  • caETH — 3.75%
  • caUSDC — 3.75%
  • ccDAI — 3.75%
  • ccETH — 3.75%
  • ccUSDC — 3.75%

25%:

Early community members — 1%

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