Yield generation on Lynex via bribing and rebasing, using the fully backed stablecoin, USD+
Yield generation on Lynex via bribing and rebasing, using the fully backed stablecoin, USD+
We aim to create and own yield-generating assets on Lynex, starting with the fully backed, rebasing USD+ stablecoin and our very own FLY token
By bribing the emissions on Lynex, we aim to increase our APRs, thereby enticing an ever-increasing number of investors to invest in Flywheel Finance
High APRs not enough? We’ve got you covered! With rewards for activity, ideas, and ‘Flywheeler of the month’ investors, we ensure you are always cared for
POL, or Protocol-Owned Liquidity, is liquidity owned by our protocol. We’ve created an infographic to clarify its benefits to the project and you. In addition to the benefits outlined below, we use our POL’s rebasing feature (USD+ pairing) to pay for marketing and team members instead of using FLY tokens for that.
For us, protocol-owned liquidity is extremely important, which is why we continuously use our voting-generated yield to increase our liquidity without selling any of our own tokens.
Below you can see the POL vs IOL (investor-owned liquidity) percentage as shown by our Dune Dashboard. Please note that this is an approximation and that the Dune was created by a community member, Dedalus.
CEO and Co-Founder
Content Creator, Marketing Manager, Co-Founder
Business Developer, Co-Founder
Financial Executive, Co-Founder
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