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Huobi ECO Chain (HECO)
Information about Flux Protocol on HECO
The following weightage describe the incentive distribution of $FLUX on Conflux Network with a release time of 4 years:
- Flux Protocol Supply & Borrowing - 10%:
- Supplying (Lending) - 4 %
- Borrowing - 6%
- Staking cross-chained fTokens / lTokens - 8%:
- Filda fTokens Staking - 2%:
- fUSDT - 0.5%
- fHBTC - 0.5%
- fETH - 0.5%
- fHT - 0.5%
- LendHub lTokens Staking - 2%:
- lHT - 0.5%
- lHBTC - 0.5%
- lUSDT -0.5%
- lETH - 0.5%
- LP Staking - 15%:
- HT-hFLUX-MLP - 5%
- USDT-hFLUX-MLP - 5%
- HUSD-hFLUX - 5%
Announcement regarding fTokens and lTokens:
fTokens and lTokens are subject to liquidation on Filda or LendHub when the collateral rate decreases below a pre-defined collateral rate. By transferring fTokens or lTokens, you will adjust your collateral rate on Filda or LendHub.
Before staking fTokens and/or lTokens into the staking pools, make sure that you do not have any borrowings on Filda or LendHub or are absolutely sure of your assets on Filda or LendHub not being under the risk of liquidation when staking your fTokens and/or lTokens into the staking pools on Flux Protocol!
Flux Protocol - fToken certificate addresses on HECO (HRC20):
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.