This enables you to use existing assets from Ethereum, like DAI, or purchase your own crypto.
Thats it! Really. You can now trade on any market all connected to global liquidity.
Data driven oracle, order book, market mechanics, market making API
Any developer can quickly launch their idea and test for early traction
Yes. Flux is entirely open-source and is owned and governed by the community. Flux has no control over applications building on Flux or interacting with market mechanics. Flux is entirely censorship-resistant.
No. Flux is entirely non-custodial. You always have access to your funds on Flux and NEAR.
Yes. Flux Token serves three purposes within the Flux Protocol. Validators stake FLUX token and are paid a function of open interest to resolve markets. FLUX Token is also used by validators to post dispute bonds on incorrect market resolutions. FLUX token is used to govern the protocol.
NEAR is a decentralized storage and compute platform that is secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people, putting the power of the Open Web in their hands.