$FLFI
$FLFI is a major token of FlaryFinance. We believe tokens are a social signaling tool, interest in which signals to developers that their community appreciates and supports what they are doing. It's incredibly important to have those who really care and want to be a part of this amazing adventure. Owning $FLFI recognizes you as part of the community and confirms your commitment, which means you have the right to participate in the decision-making process and future community events. Just as importantly $FLFI holders will significally benefit from additional yielding bonuses and special offers announced over time
Enhanced staking
Staking $FLFI grants you a share from the special Staking&Liquidity rewards pool.
Empowered lend
Staking $FLFI makes your lending activities on Flary even more profitable!
Cheapened borrow
Your staked $FLFI provides you with even more advantageous credit terms.
AirDrop multiplier
The fact that the user holds $FLFI will count as a future AirDrop multiplier.
Special offers
Even more special offers will be announced over time!
Deflationary
We strongly disagree with a conception of inflationary money, so the part of our earnings will always be allocated for buying back & burning $FLFI.
Alerts
Be alerted a week ahead of anybody else about incoming FlaryFinance community events and important updates.
Governance functions
One of the cornerstones of our protocol is the empowerment of our community. Flary values the input and engagement of $FLFI token holders, granting them a pivotal role in the governance of the protocol. By participating in governance, token holders have the opportunity to vote on critical decisions, such as which services and networks should be implemented next. This democratic approach ensures that the development of the Flary protocol aligns with the collective vision and priorities of our community.
How much influence you have on the decision-making process solely depends on your Voting Power, calculated as a ratio of tokens held.
Holders are also able to initiate voting for vetoing any announced updates. If veto is supported with enough of Voting Power, decision may be canceled, but not obligatory.
Important to note, that Voting Power is an additional feature provided by the governance to ensure proper dialogue with the community, and in no way can be considered as any kind of joint venture or grant any rights of influencing the company and its directors.
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