Flux Protocol reaching the 3rd multi-chain stop: Huobi ECO Chain

Flux Protocol is happy to announce that we will reach the third stop of our multi-chain journey on Huobi ECO Chain (HECO).

The official launch on HECO will take place at the HECO block height of 4008888, which is estimated to be at 2021.04.20 at 20:05 GMT+8!
The official countdown timer can be found here:
link

$FLUX’ contract address on HECO:
0xd10852DF03Ea8b8Af0CC0B09cAc3f7dbB15e0433
You can find hFLUX on the HecoInfo here: link.

What to expect and what are the updates?

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

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

  • 25% of the daily release on HECO
  • 25% 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 HECO (HRC-20)

Lending and Borrowing:

HBTC, ETH, HFIL, USDT, HUSD, HDOT, HT, HBCH, HLTC

Staking:

Filda: fUSDT, fHBTC, fETH,fHT
LendHub: lHT, lHBTC, lUSDT, lETH

LP-Staking:

MDEX LP: HT-hFLUX, USDT-hFLUX

Below are the HEC-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:

fUSDT: 0xAab0C9561D5703e84867670Ac78f6b5b4b40A7c1
fHBTC: 0xF2a308d3Aea9bD16799A5984E20FDBfEf6c3F595
fETH: 0x033F8C30bb17B47f6f1f46F3A42Cc9771CCbCAAE
fHT: 0x824151251B38056d54A15E56B73c54ba44811aF8
lHT: 0x99a2114b282acc9dd25804782acb4d3a2b1ad215
lHBTC: 0x1E5829E405654070cf4eaeFEA46d9a848A81462b
lUSDT: 0xc502f3f6f1b71cb7d856e70b574d27d942c2993c
lETH: 0x505Bdd86108E7d9d662234F6a5F8A4CBAeCE81AB

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