Flexi Finance is a decentralized, non-custodial liquidity market protocol that allows users to engage as depositors, borrowers, or LP stakers. Depositors supply liquidity to the market to earn passive income. Borrowers can take out overcollateralized loans. LP stakers provide liquidity by staking their LP tokens and earn a share of the revenue.
Flexi Finance Features
EM
Exposed Markets
A broad selection of supported assets, featuring both major stablecoins and unique tokens.
AL
Automated Looping
With a single click, loop your tokens to increase rewards in Flexi Finance and maximize your profits.
SV
Strategies and Vaults
A variety of strategies and vaults to select from to optimize your returns.
RS
Revenue Sharing
All revenue generated by the platform is fully distributed among its users.
How it works
Deposit
Deposit your assets to earn interest and rewards in Flexi Finance Tokens.
Borrow
Borrow against your collateral to further utilize and accumulate rewards in Flexi Finance Tokens
Revenue
Stake or lock your Flexi Finance/ETH LP tokens to profit from the platform's revenues.
FAQ
Frequently Asked Questions
What is Flexi Finance ?
What is the cost of interacting with Flexi Finance protocol?
Interacting with Flexi Finance incurs no protocol fees. However, regular network transaction (gas) fees apply. It's advised to conduct transactions with low gwei to notably reduce network fees.
How do I interact with Flexi Finance?
To engage with Flexi Finance , begin by depositing your preferred asset. Upon deposit, you'll start earning rewards determined by the market's borrowing demand. Additionally, depositing assets enables you to borrow, utilizing your deposited assets as collateral. Interest earned from deposits aids in offsetting interest accrued from borrowing.
Why use Flexi Finance?
Flexi Finance distributes 100% of its revenue. The majority of this revenue is allocated to LP stakers, while 10% is allocated to facilitate buybacks for our Flexi Finance staking system. Furthermore, all platform fees are distributed to stakers, depositors, and borrowers, who also earn rewards in Flexi Finance Tokens.. The dashboard displays all rewards and their current percentages.
Where are my supplied assets stored ?
Your assets are securely stored within a smart contract. Upon deposit, you'll receive a receipt token representing your lender position. Deposits remain unlocked, allowing you to withdraw your funds whenever desired, except when utilized as collateral for borrowing. In such cases, repayment of the borrowed amount is required before withdrawing the initial deposit.
Is there any Risk?
No platform can claim absolute risklessness. Potential risks associated with the Flexi Finance Lend platform include smart contract vulnerabilities (the risk of bugs within the protocol code) and liquidation risks (pertaining to the collateral liquidation process). Extensive measures have been implemented to mitigate these risks. The protocol code is derived from AAVE V2's extensively tested open-source code and has undergone thorough audits. Any modifications to the code or introduction of new features are rigorously tested and audited prior to release. Furthermore, since its launch in 2022, there have been no instances of exploits or security breaches.
What is a Flexi Finance Token?
Flexi Finance is a revenue-sharing token that offers returns to staked ETH-Flexi Finance LPs. Flexi Finance tokens are distributed to depositors and borrowers. LP positions earn Flexi Finance through early claim penalties instead of direct emissions. Distributed Flexi Finance tokens have a vesting period of four weeks. They can be claimed at any time before full vesting but will incur a 50% penalty for immediate
Whatis xFlexi Finance Token ?
Flexi Finance provides the option to stake XFlexi Finance tokens for compounding XFlexi Finance rewards. Upon staking XFlexi Finance, users receive xXFlexi Finance tokens as a receipt equivalent. Ten percent of platform revenue is allocated for strategic buybacks of XFlexi Finance, which are subsequently distributed as rewards to stakers, enabling them to auto-compound their position. Over time, the xXFlexi Finance:XFlexi Finance ratio will increase.
