Description
Flux Finance is a DeFi platform on Ethereum, focusing on yield farming, stablecoin swapping, and automated market-making for liquidity and efficient trading. Developed by Ondo Finance, it integrates the Compound V2 architecture and supports both permissionless and permissioned tokens. Each asset is managed via fToken contracts (e.g., fDAI, fUSDT) that allow users to earn interest over time. The platform employs a peer-to-pool lending model and operates under the Ondo DAO governance, with parameters and assets initially set by a genesis vote. Flux Finance stands out for its nuanced permission functionalities and incorporation of robust security measures, democratizing access to DeFi services globally.
Flux Finance is a DeFi platform on Ethereum, focusing on yield farming, stablecoin swapping, and automated market-making for liquidity and efficient trading. Developed by Ondo Finance, it integrates the Compound V2 architecture and supports both permissionless and permissioned tokens. Each asset is managed via fToken contracts (e.g., fDAI, fUSDT) that allow users to earn interest over time. The platform employs a peer-to-pool lending model and operates under the Ondo DAO governance, with parameters and assets initially set by a genesis vote. Flux Finance stands out for its nuanced permission functionalities and incorporation of robust security measures, democratizing access to DeFi services globally.
