Reflexer Ungovernance FLX
Rank: 2650FLX Price
$ 1.51
+2.78% ($ 0.03347706)
Price Range
- Low
- 24H
- High
- $ 1.47
- $ 1.52
General Info
Contracts/Explorers
-
Ethereum
0x624...391f4
Categories
Reflexer Ungovernance (FLX) Chart
FLX Price Statistics
Market Cap
$ 1.25M
FDV
$ 1.44M
Volume (24h)
$ 9.56
Total Supply
FLX 957.12K
Circulating Supply
FLX 827.12K
(86.42% of Total Supply)
Max Supply
FLX ∞
All Time High
$ 1839.79 15 Apr 2021
All Time Low
$ 0.752742 5 Jun 2026
About 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.
Reflexer Ungovernance Markets
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