Reflexer Ungovernance flx
-6.17 % $ 13.15
$13.03 24H Range $14.05
Market Data
Price $ 13.15
Volume $ 36,701.00
Volume / Market Cap 0.0046
Circulating Supply 600,692.83
Total Supply 974,943.16
Max Supply 974,943.16
Market Cap $ 7,921,881.00
Fully diluted market cap $ 12,857,459.00
Reflexer Ungovernance (flx) Price Chart
Reflexer Ungovernance (flx) Price Info
Timeframe Price Change(%)
1h -3.08%
24h -6.17%
7d -6.44%
14d -8.47%
30d -27.06%
1y -96.23%
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.
News about Reflexer Ungovernance
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