Reflexer Ungovernance

FLX

EthereumVerifiedRank #3451

$0.7604

—24h-31.48%7d

Price chart

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Aggregated market price (CoinGecko OHLC)

Overview

Market capⓘ

$628.96K

Fully diluted valuationⓘ

$727.82K

Volume 24h

$2.01

DEX liquidity

—

Circulating supply

827.12K FLX

Total supply

957.12K FLX

Max supply

—

All-time high

$1,840

Apr 15, 2021, 12:14 PM

FDV = price × total (or max) supply. It is not the market cap.

Source: CoinGeckoUpdated 17 hours ago· Showing the last available data — the provider is temporarily unreachable.

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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.