ArbiFLUX, the hidden 💎 on Arbitrum. DeFi Monetary Velocity.
Everyone has been asking: What is ArbiFLUX? When is it launching?
(TL;DR)
- Start your ArbiFLUX mint by locking FLUX (L2) in a smart contract
- Your Mint generates ArbiFLUX every 15 seconds
- Destroying ArbiFLUX from circulation increases your mint speed
- Destroying ArbiFLUX creates monetary velocity which flows through 1% Uniswap Pools
ArbiFLUX is the first ever currency in the blockchain economy that creates monetary velocity. It is completely decentralized. The project is currently in failsafe mode, and will fully launch on Nov 19, 2021. The price of the token remains unknown. The Law of Supply and Demand will ultimately decide.
ArbiFLUX is born from two deflationary layer L1 parent tokens:
- $DAM (Launched summer of 2020)
Fixed supply of 16 million tokens. Users can lock DAM in a smart contract to start a Mint (currently over 79% of all tokens are locked) yielding 32% APY.
A Mint generates a secondary token, FLUX, whose supply started at zero.
Users can also burn FLUX, temporarily increasing their personal Mint speed while lowering everyone else’s (effectively creating a dynamic, global, 24/7 competition between all Mint owners). Over $1,400,000 of FLUX has been burned to date.
2. $FLUX
It took over 1.5 years to mint 784,000 FLUX tokens (total supply). FLUX was the first cryptocurrency in the world to reach negative inflation, twice.
ArbiFLUX will be the world’s very first token resistant to hyperinflation.
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