Firms who borrow via Note Tokens are required to trade at least the total amount they have borrowed per day in volume on the CoinFLEX exchange. For example, a firm that borrows $50M via note tokens, must trade $50M per day on CoinFLEX.
We expect the demand for FLEX Coin to go up significantly as the market cap of NoteUSD and Note Tokens increase. As this happens demand for FLEX will rise as more trading firms begin actively trading on the CoinFLEX exchange.
As FLEX Coin can be used to significantly reduce trading fees, these firms are incentivised to buy FLEX consistently to lower their costs. Therefore, as firms borrow more and our lending market grows, the demand for FLEX Coin will grow.
Additionally, at CoinFLEX are committed to burning FLEX using 20% of our profits every day to reduce the total supply, and further increase the value, of FLEX .