Binance Smart Chain

Information about Flux Protocol on Binance Smart Chain

BSC $FLUX

BEP20 Address

bcFLUX

0x0747CDA49C82d3fc6B06dF1822E1DE0c16673e9F

The following weightage describe the incentive distribution of $FLUX on Conflux Network with a release time of 4 years:

25%:

  • Flux Protocol Supply & Borrowing - 10%:

    • Supplying (Lending) - 2.4 %

    • Borrowing - 3.2%

  • Staking cross-chained aTokens / cTokens - 6%:

    • Venus vTokens Staking - 3.5%:

      • vBTC - 0.5%

      • vBNB - 0.5%

      • vETH - 0.5%

      • vDAI - 0.5%

      • vUSDC - 0.5%

      • vBUSD-T - 0.5%

      • vBUSD - 0.5%

    • Cream crTokens Staking - 0.5%:

      • crBNB - 0.5%

    • Cross-Chained AAVE aTokens Staking(only AAVE V1 Market)- 1%:

      • bcaDAI - 0.5%

      • bcaETH - 0.5%

    • Cross-Chained Compound cTokens Staking - 1%:

      • bccDAI - 0.5%

      • bccETH - 0.5%

  • MDEX-LP Staking - 13%:

    • BNB-bcFLUX-MLP - 4%

    • bCFX-cbFLUX-MLP - 4%

    • BUSD-T-cbFLUX-MLP - 5%

Announcement regarding vTokens and crTokens:

vTokens and crTokens are subject to liquidation on Venus or Cream when the collateral rate decreases below a pre-defined collateral rate. By transferring vTokens or crTokens, you will adjust your collateral rate on Venus or Cream.

Before staking vTokens and/or crTokens into the staking pools, make sure that you do not have any borrowings on Venus or Cream or are absolutely sure of your assets on Venus or Cream not being under the risk of liquidation when staking your vTokens and/or crTokens into the staking pools on Flux Protocol!

fToken certificate addresses on BSC (BEP20):

fToken

Conflux Address

fBNB

0x7318724420F0aEec23d8919cC5effd6F4c6AbB4f

fBTCB

0x57CF28ee005c2980c2ce5468bb8C52E401C786f3

fBUSD

0xAb087D84cd75c31Ace78EC025ADFF21954a9A8a2

fDAI

0x77eD25296855b88bd3C0b3Bf429B816555525115

fETH

0xeFB1f48A1a367A509Ecef1578E5004d4013fc7A6

fUSDC

0xbCaD63dcfcF65D9eaDD99E344e327E65432f222E

fBUSD-T

0x831b0AfAA3B22e1435169c7585CCC1861A2C9cbC

fbCFX

0xd4a16acCC595D958074283a592A924B08377beE9

The detailed incentive weightage of individual assets are adjustable and will decided by the DAO.

Bootstrap Fund: 5 million $FLUX are reserved as the Bootstrap Fund, and 1/5 of the total amount (1 million $FLUX), are reserved for the first two weeks for early liquidity providers on Conflux Network. The bootstraping phase lasts for two weeks.

Weightage History:

2021.04.10

- 50%:

  • Flux Protocol Supply & Borrowing - 20%:

    • Supplying (Lending) - 8 %

    • Borrowing - 12%

  • Staking cross-chained aTokens / cTokens - 30%:

    • Venus vTokens Staking - 14%:

      • vBTC - 2%

      • vBNB - 2%

      • vETH - 2%

      • vDAI - 2%

      • vUSDC - 2%

      • vBUSD-T - 2%

      • vBUSD - 2%

    • Cream crTokens Staking - 2%:

      • crBNB - 2%

    • Cross-Chained AAVE aTokens Staking(only AAVE V1 Market)- 7%:

      • bcaDAI - 3.75%

      • bcaETH - 3.75%

    • Cross-Chained Compound cTokens Staking - 7%:

      • bccDAI - 3.75%

      • bccETH - 3.75%