LPs & users benefit from a new concentrated liquidity system of unparalleled efficiency.
Get low slippage and accurate pricing, even when placing large swaps.
Provide liquidity with assets in their standard form — no bridging required!
Designed to be self-sustaining, $FLIP keeps the ecosystem decentralised, trustless and secure. Moreover it rewards validators, functions as a tool for protocol governance, and distributes network fees.
$FLIP is used as collateral for the validator network auctions to secure the protocol and liquidity
Network fees are used directly to buy and burn $FLIP for the benefit of all token holders
Issued on Ethereum for composability & adoption, while used as collateral for the Chainflip State Chain.