coinFLX #2971

Reflexer Ungovernance

2.02USD-1.92%-1.92%As of: May 01, 06:53 UTC

Key Statistics

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Reflexer Ungovernance Converter

FLX
=
USD

About Reflexer Ungovernance

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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Price Performance

1D
-1.92%
7D
3.21%
30D
2.48%
YTD
-66.31%
1Y
-59.27%
Key Statistics
24H Range
Low$2.01High$2.09
24h Volume
74.7K
Market Cap
1.7M
Circulating Supply
823.2K
Total Supply
957.1K
Rank
2971
Market Cap Dominance
0.00%
Max Supply
957.1K
Fully diluted market cap
20.34329
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.05
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