Flux Protocol officially launching on BSC

Flux Protocol is happy to announce that we will reach the second stop of our multi-chain journey on Binance Smart Chain (BSC).

The official launch on BSC will take place at the BSC block height of 6442888, which is estimated to be at 2021.04.10 at 20:00 GMT+8!

What to expect and what are the updates?

  1. $Flux release will be adjusted on Conflux Network and BSC
  2. All liquidity mining participants on BSC will enjoy the bootstrap emissions of 1 million $FLUX in the first two weeks
  3. New assets for lending and borrowing and staking on BSC

1. $FLUX release adjustment

When Flux Protocol is launched on BSC, the $FLUX daily release on all platforms will be adjusted to the following:

75% of all $FLUX are distributed to the community

  • 50% of the daily release on BSC
  • 25% of the daily release on Conflux Network

25% of all $FLUX are distributed early community members, DAO holdings and the Flux Protocol Team

  • 25% of the daily release for early community members (1%), DAO (14%) and the Flux Protocol Team (10%)

2. Bootstrap emissions

Everytime Flux Protocol launches on a new public blockchain, liquidity providers will be able to enjoy the bootstrap emission of 1 million $FLUX on the new chain, as described in the official documentation here. The Bootstrap emissions are part of the 75% of all $FLUX to be distributed of the community.

3. New assets on BSC (BEP-20)

Lending and Borrowing:

BTCB, ETH, BUSD, USDC, BUSD-T, DAI, BNB, bCFX

Staking:

Venus: vBTC, vBNB, vETH, vDAI, vUSDC, vUSDT, vBUSD
Cream: crBNB
Compound: bccDAI, bccETH
AAVE v1.0 market: bcaDAI, bcaETH

Below are the BEP-20 contract addresses of all new assets:

  • Lending and borrowing:

BTCB: 0x7130d2a12b9bcbfae4f2634d864a1ee1ce3ead9c
ETH: 0x2170ed0880ac9a755fd29b2688956bd959f933f8
BUSD: 0xe9e7cea3dedca5984780bafc599bd69add087d56
USDC: 0x8ac76a51cc950d9822d68b83fe1ad97b32cd580d
BUSD-T: 0x55d398326f99059ff775485246999027b3197955
DAI: 0x1af3f329e8be154074d8769d1ffa4ee058b1dbc3
BNB: 0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c
bCFX: 0x045c4324039dA91c52C55DF5D785385Aab073DcF

  • Staking:

vBTC:0x882c173bc7ff3b7786ca16dfed3dfffb9ee7847b
vBNB: 0xa07c5b74c9b40447a954e1466938b865b6bbea36
vETH: 0xf508fcd89b8bd15579dc79a6827cb4686a3592c8
vDAI: 0x334b3ecb4dca3593bccc3c7ebd1a1c1d1780fbf1
vUSDC: 0xeca88125a5adbe82614ffc12d0db554e2e2867c8
vUSDT: 0xfd5840cd36d94d7229439859c0112a4185bc0255
vBUSD: 0x95c78222b3d6e262426483d42cfa53685a67ab9d
crBNB: 0x1ffe17b99b439be0afc831239ddecda2a790ff3a
bccDAI: 0x991F00c099af14F70CD4d68557C8F433BeB601eF
bccETH: 0xBfe1BbecDEa9e618A557497DAD58aF992A1C7F38
bcaDAI: 0xe02caB6Be78D276a1158dA2D1416AD0c58D0b22e
bcaETH: 0x214c2958C04150846A442A7b977F9f190B603F31

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