Flash Chain

So what is the difference of Flash CHAIN?

The most basic feature that Flash CHAIN will provide you is banking. Flash loan pools will be created in a special tab on the Flash CHAIN Dex exchange. In these pools, FLC holders will be able to lend to other users by adding liquidity to the pools. These pools are determined as 3 types.

Up to 500 thousand FLC can be added in type 1 pools.

One person can contribute up to 2000 FLC.

Up to 1 million FLC can be added in type 2 pools.

One person can contribute up to 5000 FLC.

The 3rd type pools are VIP pools and a maximum of 15 Million FLC can be added. A person can contribute at least 100 thousand FLC and maximum 1 million FLC.

A person who wants from these pools can get a Flash loan without collateral.

More commissions are charged on profits from FLC credits from Type 1 pools.

This ratio is more balanced in type 2 pools.

The commission rate paid in type 3 pools is lower.

Let's say a person took 10 thousand Flash loans and made a 20% profit by arbitrage. The profit share is transferred to the wallet at the rate that the user who provides liquidity to the pool by receiving a reasonable commission from the profits provides liquidity. (commission rate may vary depending on the pool from which it borrows) In order to use this system more effectively and multiply the profit, you should both provide Flash liquidity to the pool and take the liquidity you provide as debt and arbitrage it and evaluate it. Thus, if you make a wrong transaction, the opened blocks will be canceled and you will be as if you have never made a transaction, so you will reduce your loss probability to 0%. (When our DEX exchange starts operating, commission rates will be determined and announced) The user with FLC can give individual loans like a banker. . So it will be more profitable and risk-free than staking the money. This is one of the most important features that FLASH CHAIN provides.