Reflexer Ungovernance
FLX #2896Project Safety Score: 54%
Updated 5 hours, 28 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
Reflexer Ungovernance introduces the native token FLX, which serves two primary functions. Firstly, it acts as a lender of last resort, utilizing surplus and debt auctions to autonomously mint and auction new FLX tokens in situations where the system faces deficits, drawing a parallel to the Maker protocol's mechanisms.
Secondly, the project aims to ungovern the RAI system by removing governance capabilities. This process allows the community to determine how to manage any remaining aspects of governance, facilitating further ungovernance and empowering users to make decisions regarding the protocol's oversight.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Price Chart
Contract Security
0x6243d8cea23066d098a15582d81a598b4e8391f4On-Chain Facts
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0x7a97e2a5639f172b5…11.41% -
0xf2cdbb19246493aec…10.00% -
0xe207f98c7ad7f7b38…5.78% -
0x0b920528ee999d079…5.16% -
0xd6f3768e62ef92a97…4.48% -
0x6bccb36688f54040c…4.31% -
0xacd773434af397210…2.79% -
0x7a37eadaf5db28e20…2.09% -
0xff34019e145590ebc…1.99% -
0x57bb2a2260c056420…1.47%
Reflexer Ungovernance Exchanges
Top 1 by trust scoreView on Chain
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