Huobi ECO Chain (HECO)

Information about Flux Protocol on HECO

HECO $FLUX	HECO Address
hFLUX	0xd10852DF03Ea8b8Af0CC0B09cAc3f7dbB15e0433

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) - 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):

fToken	Conflux Address
fHBTC	0x77eD25296855b88bd3C0b3Bf429B816555525115
fETH	0xd4a16acCC595D958074283a592A924B08377beE9
fHFIL	0x7318724420F0aEec23d8919cC5effd6F4c6AbB4f
fUSDT	0x96619991b76b0169Bb6aAbD6d0Ec2bb1166aC941
fHUSD	0x29134d1700512920BE5BFF759ee4C1e26C311b81
fHDOT	0x62dE9EF0459EBE1b3D134e7dEA3Cb87b6AFAD567
fHT	0x6233CbDf22dAC3f9aa74f7aCb88E9F286782f46B
fHBCH	0x72a95BCAA9041a9D3F0f3D33AdA69E4B6ce70E46
fHLTC	0x73566A43A379c755c5549d0611F981eb84BcB1F0

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.