Adjustment on FLUX Mining Economic Model
Updated on April 27, 2021
After the communicating with the community, the Flux team will start to adjust the mining reward parameters for FLUX token from 20:00 on April 27, 2021 (UTC+8). The updated allocation will change from following the dynamic lending rates to the more dynamic method of monitoring lending and borrowing ratio for each token pair.
The procedure is as follows:
Effective Date | Effective Time (UTC+8) | Public Chain |
April 27, 2021 | 20:00 | Conflux |
April 27, 2021 | 22:00 | BSC |
April 27, 2021 | 23:00 | Heco |
The adjusted FLUX mining release model is as follows:
Supply & Borrow Pool | Supply Allocation | Borrow Allocation |
cUSDT | 1% | 1% |
CFX | 0.60% | 0.60% |
cBTC | 0.60% | 0.60% |
cETH | 0.60% | 0.60% |
cUSDC | 0.20% | 0.20% |
cYFII | 0.20% | 0.20% |
cDAI | 0.60% | 0.60% |
cMBTM | 0.40% | 0.40% |
cWBTC | 0.40% | 0.40% |
FC | 0.40% | 0.40% |
Supply & Borrow Assets | 5% | 5% |
LP Staking Pool | Allocation |
CFX-cFLUX | 7.5% |
cUSDT-cFLUX | 7.5% |
Supply & Borrow Pool | Supply Allocation | Borrow Allocation |
USDT | 1% | 1% |
BUSD | 0.80% | 0.80% |
BNB | 0.60% | 0.60% |
bCFX | 0.60% | 0.60% |
USDC | 0.40% | 0.40% |
BTCB | 0.60% | 0.60% |
ETH | 0.60% | 0.60% |
DAI | 0.40% | 0.40% |
Supply & Borrow Assets | 5% | 5% |
LP Staking Pool | Allocation |
BNB-bcFLUX | 5% |
bCFX-bcFLUX | 5% |
USDT-bcFLUX | 5% |
Supply & Borrow Pool (Normal) | Supply Allocation | Borrow Allocation |
USDT | 0.60% | 0.60% |
HUSD | 0.48% | 0.48% |
HBTC | 0.45% | 0.45% |
ETH | 0.45% | 0.45% |
HT | 0.45% | 0.45% |
HFIL | 0.15% | 0.15% |
HDOT | 0.15% | 0.15% |
HBCH | 0.15% | 0.15% |
HLTC | 0.12% | 0.12% |
Supply & Borrow Assets | 3% | 3% |
Staking Pool (Normal) | Pool | Allocation |
Filda (2%) | fUSDT | 0.5% |
| fHUSD | 0.5% |
| fETH | 0.5% |
| fHT | 0.5% |
LHB (2%) | LHT | 0.5% |
| LHUSD | 0.5% |
| LUSDT | 0.5% |
| LETH | 0.5% |
LP Staking Pool (Normal) | Allocation |
HT-hFLUX | 5% |
USDT-hFLUX | 5% |
HUSD-hFLUX | 5% |
Supply & Borrow Pool (Bootstrap Bonus: 750,000 * 24%) | Supply Allocation (Bootstrap Bonus: 750,000 * 12%) | Borrow Allocation (Bootstrap Bonus: 750,000 * 12%) |
USDT | 20% | 20% |
HUSD | 16% | 16% |
HBTC | 15% | 15% |
ETH | 15% | 15% |
HT | 15% | 15% |
HFIL | 5% | 5% |
HDOT | 5% | 5% |
HBCH | 5% | 5% |
HLTC | 4% | 4% |
Staking Pool (Bootstrap Bonus: 750,000 * 16%) | Pool | Allocation |
Filda (8%) | fUSDT | 2% |
| fHUSD | 2% |
| fETH | 2% |
| fHT | 2% |
LHB (8%) | LHT | 2% |
| LHUSD | 2% |
| LUSDT | 2% |
| LETH | 2% |
LP Staking Pool (Bootstrap Bonus: 750,000 * 60%) | Allocation |
HT-hFLUX | 20% |
USDT-hFLUX | 20% |
HUSD-hFLUX | 20% |