FLEX Coin
The fuel that powers the CoinFLEX ecosystem
Supported on these blockchains
ERC20
SEP20
FLEX/USD
Last price
1 USD
24h Change
0%
FLEX’s Circulating Supply
Marketcap
-- USD
Circulating supply x Token price
Burned in last 24H
-- FLEX
-- USD
What is FLEX?
CoinFLEX exchange and forms the foundation of the CoinFLEX ecosystem. Across all of our products, FLEX Coin provides all our users with exclusive benefits that makes trading on CoinFLEX much better.
What is FLEX’s Burn Model?
CoinFLEX have made some changes to the FLEX Coin Economics which we think are in the best interests for FLEX holders.
Our Burn Model
We burn 10% of our profits as well as 10% of our revenue, to ensure FLEX holders consistently see burns taking place.
This model works out much better for FLEX holders because with our previous model, we would burn 20% of profits. However, being a growing startup, often expenses outweighed the profits, so FLEX holders were seeing no burns.
Staking Rewards
On top of this, we are also taking an additional 10% of our profits and revenue and paying it to the FLEXDAO. These funds will be used as staking rewards, ensuring there are long term incentives for users of the DAO.
FLEX Burn ModelProfitsRevenues
Bought and Burned10%10%
Paid to FLEXDAO Stakers10%10%
Total20%20%
Benefits of Holding FLEX
Lower Fees
Holding just $1,000 worth of FLEX will lower your trading fees by almost 10%.
FLEX Burn
We burn FLEX every day using 10% of our revenue. Additionally, we burn 10% of our profits.
Trade Using FLEX
You can even trade futures using FLEX as collateral.
Higher Referral Payouts
Holding FLEX allows you to earn up to 20% of the trading fees from everyone you refer – for life!
Earn FLEX by Staking FLEX
The FLEXDAO allows you to earn from CoinFLEX’s profits whilst you stake and HODL your FLEX in the FLEXDAO.
FLEX Burn Transactions
Total 6 Months:
-- FLEX spent
24 Hours
1 Week
3 Months
6 Months
Date
Transaction
Amount (FLEX)
--
--
--
FLEX Trading Fee Spent
Total 1 Week:
-- FLEX spent
1 Week
3 Months
6 Months
FLEX Staking
Total Value Staked
FLEX
-- USD
Lifetime Payout
FLEX
-- USD
FLEXDAO Payout Calculator
Amount
FLEX
1 Day
1 Week
3 Months
6 Months
Total payout you will receive
FLEX