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Reflexer Ungovernance

Reflexer Ungovernance

$3.60
-$0.0586
-1.6%
• Today

Info

Symbol
FLX
Network
Ethereum
Market Cap
$3M
Total Supply
957.12K
Circulating Supply
957.12K
Holders
3,815
Volume (24h)
$937.68
-99.01%
Trades (24h)
7
-84.78%
Traders (24h)
6
-57.14%

About

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.

FAQ

The market capitalization of FLX is $3M as of Jun 8, 2025.

Market capitalization is calculated by multiplying the current price of FLX by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of FLX is $937.68 as of Jun 8, 2025.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for FLX.

The total supply of FLX is 957.12K.

The circulating supply, which represents the number of FLX currently available in the market, is 957.12K as of Jun 8, 2025.

FLX can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.