Reflexer Ungovernance (FLX)

market_cap_rank: 2954 | coingecko_rank: null

Current Price

get_current_price()

$2.92 -9.66%

24h_range: $2.87 - $3.24

Price Changes

get_price_changes()

24h

-9.66%

-7.19%

14d

+2.70%

30d

+12.42%

+3.91%

Market Data & Supply

get_market_data()

market_cap

$2406608

fully_diluted_valuation

$2791595

volume_24h

$7538

get_supply_info()

circulating_supply

825126

total_supply

957122

max_supply

957122

All-Time Records

get_ath_data()

All-Time High

$1839.79

change: -99.84%

date: 2021-04-15

get_atl_data()

All-Time Low

$1.15

change: +152.34%

date: 2025-04-09

About Reflexer Ungovernance

get_description()

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.

Additional Information

get_basic_info()

homepage

https://reflexer.finance/