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Reflexer Ungovernance

Reflexer Ungovernance
1 FLX =
 $ 10.93
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Market Capitalization:
7.01M $
Circulating supply:
640.34K FLX
Maximum:
974.94K FLX
Volume (24h):
78.00K $
Daily range:
10.29 - 11.08
Changes (7d):
-7.02%

Cryptocurrency Reflexer Ungovernance (FLX)

The price for Reflexer Ungovernance (FLX) cryptocurrency is currently 10.93 $ (15 min delay), daily range of currency change is 10.29 - 11.08 .
Last 24 hours news: trading volume - 78.00K $, price variance +2.34% .
The highest trading volume belongs to the pair FLX/USDT at the MEXC exchange

Project Website - https://reflexer.finance/
Explorer of transactions - https://etherscan.io/token/0x6243d8cea23066d098a15582d81a598b4e8391f4
Twitter Account - https://twitter.com/reflexerfinance

Chart Reflexer Ungovernance (FLX)

Current price Reflexer Ungovernance (flx) 10.93 $
Market Capitalization 2.43M $
Trading Volume last 24h 70.99K $
Minimum exchange rate (24h) 2.62 $
Maximum exchange rate (24h) 2.95 $
Market cap rank № 2710
Absolute maximum 1.84K $
Absolute minimum 1.96 $

Reflexer Ungovernance Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
3.15 $
3.15$
0.33% 60.56K $ 2024-11-17 01:29:25
2
3.10 $
3.1$
0.6% 5.46K $ 2024-11-17 01:02:40
3
3.17 $
3.17$
1.98% 5.07K $ 2024-11-17 01:39:16
4
3.15 $
3.15$
6.97% 4.24K $ 2024-11-17 01:30:36

What is Reflexer Ungovernance (FLX)

FLX will have two different core functions:

- Lender of last resort: similar to other models such as the Maker protocol, the RAI system will have surplus and debt auctions. Debt auctions will autonomously mint and auction new FLX in case the system is underwater.

- Ungoverning the RAI system: once the vast majority of governance capabilities are completely removed from the system, the community will be able to decide on how, when and if to securely governance minimize any remaining components. FLX will facilitate further ungovernance and allow the community to take decisions on how to remove themselves from discretion over the protocol.

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By value
#
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1
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