Flux Protocol (FLX)

IDO

Last updated: Nov 16, 2021

Flux is a cross-chain oracle aggregator that provides smart contracts with access to economically secure data feeds on anything.

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Overview

Project industry	Finance Services & Banking
Product type	DeFi
Founded	United States
Whitepaper	Open

What is Flux Protocol

Flux Oracle is the backbone of a fully permissionless and decentralized infrastructure for working with and resolving off-chain data on the blockchain. This Oracle has been uniquely designed for flexibility without security trade-offs while being robust enough to scale with economic guarantees.

Every component of the protocol is designed to be maximally open-source, permissionless, and trustless, enabling individuals and communities to design and develop bespoke solutions for data provision and retrieval.

Flux is supported and developed by the Open Oracle Association, a Swiss Non-Profit entity with the sole purpose of supporting the ecosystem through the distribution of grants both in monetary means through USDC and the Flux Token.

Details

IDO (Copper Launch): Dec 01, 2021 - Dec 01, 2021
Token supply: 1,000,000,000 FLX
Total tokens for sale: 15,000,000 FLX
Hard cap: 1,578,950 USDC
Raised: 10,300,000 USD