Flair Dex is a decentralized exchange that has brought about significant improvements compared to current decentralized exchanges such as Uniswap forks. With its unique features, it has become a popular platform among cryptocurrency enthusiasts. Here are some of the features that set Flair Dex apart from other decentralized exchanges:
Supports Stable and Volatile Swaps
Flair Dex supports both stable swaps and Uniswap style volatile swaps, making it ideal for trading both stablecoins and other cryptocurrencies.
Minimal Fees
One of the most attractive features of Flair Dex is its minimal fees. It charges only 0.2% for volatile pairs and 0.04% for stable pairs, making it one of the lowest fee platforms in the DeFi space.
Decentralized Liquidity Incentivization
Flair Dex has introduced uniswap style LP and curve-inspired gauges to incentivize decentralized liquidity. It allows permissionless access to create bribes on any LP pools. From day one, Flair Dex has been fully decentralized with ve tokenomics, allowing ve holders to control the protocol, revenue, and token emissions.
Volatile and Stable AMM
Flair Dex liquidity pools support two different price invariant formulas, one for stable and the other for volatile liquidity pairs. Volatile pools use a Uniswap v2 style constant-product curve, while the Stable Pools use a hybrid price invariant curve based on Curve Finance’s Stable Swap, which is best suited towards highly correlated assets like stablecoins.
Protocol Fees and Incentives
Flair Dex charges only 2% for volatile pairs and 0.04% for stable pairs as swap fees. Out of these fees, liquidity providers keep 80%, and the remaining 20% is deposited to the treasury for continued protocol development. In addition, gauges and liquidity pools that are whitelisted by veFLDX holders to receive FLDX emissions rewards do not receive swap fees. VeFLDX Lockers who voted to incentivize a particular gauge with emissions will receive all the swap fees from the liquidity pair they voted for.
FLDX Emissions
FLDX has an initial supply of 100 million tokens. Weekly emissions start at 5 million FLDX (5% of the initial supply) and decay at 1% per week. Ve Lockers receive a percentage of the emission to prevent dilution of their voting powers.
Bribes
Flair Dex natively supports anyone to attach bribes onto a gauge, and those who vote for it are then able to claim them. Bribes are distributed only to voters in that pool, proportionally to their share of pool votes. These rewards are available for claim after the epoch flips and are proportional to the voting power cast by a voter.
Initial Tokenomics
FLDX does not have a fixed total supply. For its launch, it is starting with an initial token distribution of 100 million tokens. The tokens are distributed among the team, advisors, launch partners, community, airdrop, bug bounty, launch partner’s community, marketing, presale (private and public), and Genesis Liquidity Pool.
Flair Dex has established itself as a next-generation automated market maker that offers some of the lowest fees in the DeFi space. Its decentralized liquidity incentivization and support for both stable and volatile swaps make it an attractive platform for traders and investors alike.
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