Flux will launch on OKExChain!

Flux Protocol
2 min readMay 10, 2021

Flux protocol is excited to be one of the FIRST lending protocols to be launched on OKExChain!!!

Flux to be deployed on OKExChain

$FLUX contract address on OKExChain: 0xd0C6821aba4FCC65e8f1542589e64BAe9dE11228

What to expect and what are the updates?

  1. $FLUX release will be adjusted on OKExChain
  2. All liquidity mining participants on OKExChain will enjoy the bootstrap emissions of 1 million $FLUX in the first two weeks
  3. 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

OKT: 0x8f8526dbfd6e38e3d8307702ca8469bae6c56c15

BTC: 0x54e4622dc504176b3bb432dccaf504569699a7ff

ETH: 0xef71ca2ee68f45b9ad6f72fbdb33d707b872315c

OKB: 0xdf54b6c6195ea4d948d03bfd818d365cf175cfc2

USDC: 0xc946daf81b08146b1c7a8da2a851ddf2b3eaaf85

USDT: 0x382bb369d343125bfb2117af9c149795c6c65c50

SUSHI: 0x2218e0d5e0173769f5b4939a3ae423f7e5e4eab7

DAI: 0x21cde7e32a6caf4742d00d44b07279e7596d26b9

- Staking & LP-Staking

More details on the staking pairs will be revealed on Flux official twitter later. Stay tuned!

About OKExChain

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!

Website: https://flux.01.finance/

Twitter: https://twitter.com/zero1_flux

Medium: https://01-flux.medium.com/

Telegram: https://t.me/flux01

Discord: https://discord.gg/W2bAWBkF5K

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Flux Protocol

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