Adjustment on FLUX Mining Economic Model

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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:
Conflux (No more bootstrap mining reward)
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%
​
BSC (No more bootstrap mining reward)
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%
​
Heco
Normal Mining Reward
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%
​
Bootstrap Mining Bonus: 750,000 FLUX 
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%
​

Launch of Single-Sided Staking for $FLUX

Updated Token Release Weightage (May 8th, 2021)

Last modified 8mo ago

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Contents

Conflux (No more bootstrap mining reward)

BSC (No more bootstrap mining reward)

Heco

Conflux (No more bootstrap mining reward)

BSC (No more bootstrap mining reward)

​

Heco

Normal Mining Reward

​

Bootstrap Mining Bonus: 750,000 FLUX