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ProtocolsPowercity Flex Protocol

INCLUDE IN STATS:
Information
TVL
Stablecoin Info
Fees and Revenue

Powercity Flex ...
(FLEX)

Total Value Locked
$4.7m
Chain Breakdown
PulseChain$4.7m
Include in TVL (optional)
$244,805
$45,616
Staked
$244,805
$32,513
$7,039

Protocol Information

FLEX Protocol is a decentralized borrowing protocol on PulseChain that allows you to draw interest-free loans against $HEX used as collateral. Loans are paid out in HEXDC (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.

Category:CDP

Token Information

Address:0x9c6fA1...4AA2A6

Methodology

TVL: Total Value Locked includes all Troves, Stability Pool, Staking Pool and LP Farming Pools

Fees: Total one-time paid borrow fees, redemption fees paid by borrowers, liquidation gas compensations.

Revenue: Borrow fees, redemption fees are distibuted to HEXDC stability pool and FLEX stakers.