Reflexer Ungovernance Logo

Reflexer Ungovernance FLX

Reflexer Ungovernance header image

1. Summary

Ranks

Liquidity
66
Developer
-
Social
66
Momentum (beta)
17
Stack Rankā„¢
-
Price
52W High price $14.55
52W High date 15th Feb 2024 (9 months ago)
All Time High (ATH) Date 15th Apr 2021 (3 years ago)
ATH Price $1,839.79
% From ATH -99.83%
All Time Low (ATL) Date 7th Aug 2024 (3 months ago)
ATL Price $1.96
% From ATL 55.62%
Supply & Trading Volume
Trading Volume (24h) $68,609.00
Total Supply 972,622.00
Max Supply 972,622.30
Circulating Supply 825,729.00
Description

Reflexer Ungovernance is a decentralized project featuring a token called FLX. FLX has two primary functions:

Reflexer Ungovernance is a decentralized project featuring a token called FLX. FLX has two primary functions:

Lender of Last Resort

FLX's RAI (Reflexer Algorithmic Index) system operates similarly to models like the Maker protocol, utilizing surplus and debt auctions. In instances where the system is underwater, the debt auctions will autonomously mint and auction new FLX tokens.

Ungoverning the RAI System

The project aims to gradually remove governance capabilities from the system, allowing the community to decide on how and when to securely minimize any remaining components. FLX facilitates further ungovernance, enabling the community to take decisions on how to remove themselves from discretion over the protocol.

2. Price

FLX

2.1. Market Performance

How does Reflexer Ungovernance's (FLX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-44.1%

FLX

-18.4%

Similar Market Cap

60 Day Return

-21.0%

FLX

-14.9%

Similar Market Cap

1 Year Return

-60.3%

FLX

-12.1%

Similar Market Cap

3. Developer Activity

We're monitoring 141 Reflexer Ungovernance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Reflexer Ungovernance Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 113

Most Active Repos

Past week 0
Past 12 weeks 11
Past year 826
Past week 0
Past 12 weeks 0
Past year 539
Past week 16
Past 12 weeks 46
Past year 470
Past week 57
Past 12 weeks 239
Past year 349
Past week 3
Past 12 weeks 15
Past year 321
Past week 5
Past 12 weeks 19
Past year 233

Top Developers 2024

In total, 209 developers have contributed to Reflexer Ungovernance over the past year. Who are the most active Reflexer Ungovernance developers, by commits, over the past year?

Related Projects

Developers working on Reflexer Ungovernance also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users 3,074
Active Discord Users 260
Telegram Users
Twitter followers 21,132
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://reflexer.finance/
Explorer https://etherscan.io/token/0x6243d8cea23066d098a15...
Twitter @reflexerfinance

What is the correct contract address for Reflexer Ungovernance?

Ethereum 0x6243d8cea23066d098a15582d81a598b4e8391f4

Has Reflexer Ungovernance been audited for security?

No security audits found for this project.

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