Flux will launch on OKExChain!
Flux protocol is excited to be one of the FIRST lending protocols to be launched on OKExChain!!!
$FLUX contract address on OKExChain: 0xd0C6821aba4FCC65e8f1542589e64BAe9dE11228
What to expect and what are the updates?
- $FLUX release will be adjusted on OKExChain
- All liquidity mining participants on OKExChain will enjoy the bootstrap emissions of 1 million $FLUX in the first two weeks
- New assets for lending and borrowing on OKExChain
1. $FLUX Release Adjustment for Normal Mining
When Flux Protocol is launched on OKExChain, the $FLUX daily release on all platforms will be adjusted. Please stay tuned for further updates!
2. Bootstrap Bonus Release (Only on OKExChain)
Every time Flux Protocol launches on a new public blockchain, liquidity providers will be able to enjoy the bootstrap bonus of 1 million $FLUX on the new chain, as described in the official documentation here. The Bootstrap bonus are part of the 75% of all $FLUX to be distributed of the community.
More details on the bootstrap bonus weightage will be revealed on Flux official twitter later. Stay tuned!
3. New assets on OKExChain
- Lending and Borrowing Market
- Staking & LP-Staking
More details on the staking pairs will be revealed on Flux official twitter later. Stay tuned!
OKExChain is a set of open-source public chain projects developed by OKEx, which achieved both high performance and decentralization. It aims to promote the development of trading services based on blockchain technology.
As an open-source public chain ecosystem, OKExChain allows users to launch a variety of decentralized applications, issue their digital assets, create their own digital asset trading pairs, and trade freely. Any user can campaign for a network validator, participating in the community development. Meanwhile, it has introduced Ethereum Virtual Machine and OKEx cross-chain gateway, and will also be compatible with IBC cross-chain solution of Cosmos.
About Flux Protocol
Flux Protocol is a borderless lending protocol, where low transaction fees and cross-chain interoperability are reality! Empowered and developed by ZeroOne Foundation, Flux provides a lending mechanism to adjust the interest rates of crypto assets in an automatic and decentralised fashion, incentivising liquidity in the cryptocurrency market!