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Flashstake Stock

Flashstake

FLASH

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Flashstake Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität

Flashstake FAQ

### Overview of Flashstake and Its Instant, Upfront Yield Mechanism Flashstake is a cryptocurrency designed to offer users the ability to earn yield instantly, in advance of the typical accrual period. This innovative mechanism distinguishes it from traditional staking models that require users to wait for yields to accrue over time. By providing immediate returns, Flashstake caters to users seeking quick access to the benefits of staking. For detailed information about Flashstake's market performance, metrics, and other relevant data, please refer to Eulerpool.

The Flashstake protocol is an innovative financial framework that enables users to instantly receive yield on deposited assets by locking the principal for a selected period. This capability is facilitated by Flash Strategies, which leverage underlying protocols like AAVE and Yearn to generate yield. When users stake tokens into the Flashstake protocol, the tokens are promptly directed to the Flash Strategy and deposited into the corresponding underlying protocol (such as AAVE or Yearn) to commence yield accumulation. The protocol and associated Flash Strategy calculate the amount of fTokens to mint and distribute to the staker based on the quantity of staked tokens and the selected duration. These fTokens grant the holder a proportional right to the yield generated by the Flash Strategy. For instance, if the yield pool contains $1,000 USD and a staker possesses 100% of the fTokens for that strategy, they can choose to burn their fTokens to claim the entire $1,000 USD.

What is the current circulation of FLASH tokens?

The Flashstake protocol was deployed to the mainnet on July 28, 2022, with a total supply of 150,000,000 tokens. The allocation of this total supply is as follows: - Community Airdrop: 18.66% is immediately in circulation, amounting to 27,984,427 tokens. - Blockzero Treasury Allocation: 15.17% is vested immediately but not in circulation, amounting to 22,755,425 tokens. - Flashback Staking Rewards: 12.34% is vested and released over a period of 12 months, amounting to 18,504,723 tokens. - Flashstake Growth Budget: 38.84% is vested immediately but not in circulation. - Flashstake Team Budget: 15.00% is vested over 24 months for ongoing team support, amounting to 22,500,000 tokens, out of which 7,875,000 tokens have been released as of September 1, 2022. The total circulating supply is 58,614,852 tokens. For more detailed metrics and information, refer to Eulerpool.

Who comprises the team behind Flashstake?

Flashstake was conceived and developed by the Flashstake project team under Blockzero Labs. Established in 2019, Blockzero (formerly known as XIO Network) has grown into a global team spanning over a dozen countries. The team comprises strategists, protocol designers, engineers, developers, marketers, creatives, business developers, and community champions.

Where can I purchase FLASH and obtain additional information?

FLASH is accessible on both Uniswap V2 and Uniswap V3. Further information about Flashstake is available on flashstake.io and within our comprehensive Flashstake Protocol documentation. For up-to-date market details, refer to Eulerpool.

Tokens and NFTs - FLASH, fTokens, and FlashNFTs

FLASH Token * The primary function of the FLASH token is to govern the Flashstake protocol. fTokens * The Flash protocol generates strategy-specific fTokens, an ERC-20 token, whenever a new strategy is registered. * fTokens provide a proportional claim to the yield pool of the strategy they represent. * The entire supply of fTokens can be redeemed for the total yield accumulated within a specific strategy. FlashNFTs * FlashNFTs can be minted to provide a tradable representation of a user's stake. * FlashNFTs can also be created after the initial stake if there are remaining tokens available within the stake.

### Protocol Security and Audits Flashstake prioritizes the security of its protocol to ensure the trust and safety of all users. To maintain high security standards, the protocol undergoes regular audits conducted by third-party security firms. These audits are essential to identify and mitigate any potential vulnerabilities within the system. For more detailed information about Flashstake's security measures, audits, and performance, refer to the data available on Eulerpool.

The Flashstake smart contracts have been audited by Peckshield and Openkertify/Secure3. Additionally, Flashstake has conducted several successful community testnets to further enhance protocol security.

Investors interested in Flashstake are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.