Project Description
Flux Protocol is the first oracle and team to begin building on NEAR in 2019. Flux is a cross-chain oracle that provides smart contracts with access to economically secure data feeds on anything. Flux Protocol will serve as the backbone for trustless data for NEAR Protocol and Aurora. Flux raised $10.3m in funding from top investors like Distributed Global, Coinbase Ventures, and Coinfund. During the recent Copper Launch LBP, they raised an additional $11.72m to the Flux DAO.
Project plan / development
Flux Protocol is live on NEAR and Aurora Mainnet and has begun onboarding developers on both Layer Ones. In addition to developers, Flux has partnered with leading data providers like AmberData to supply reliable price-feed data on-chain.
Farming goals
Support initial liquidity of Flux Token on Ref Finance with an FLX / NEAR pair. This proposal is to allocate additional REF to boost liquidity rewards for the FLX / NEAR pool.
Details
Pair : FLX <> NEAR
Type : Double Rewards
FLX : 29,166.66668 / week
REF : 5,423.518642 / week
…
Length : 31 days
Estimated Starting Date: January 12th
Targeted TVL : $1M+
Targeted APR : 215%+