- The $FLC token is the native currency that powers the Flooring Protocol ecosystem. - It unlocks and fuels customized platform utilities for all users.Enabling SafeboxesBy staking $FLC in their Flooring Account,users can create personalized Safeboxes to reserve #NFTs for custom time periods. - Higher $FLC stakes allow longer max durations and greater benefits.Unlocking VIP PerksStaking $FLC also determines a users VIP status tier. - Higher tiers unlock exclusive perks tailored to strategies from swift cashouts to longterm stability and collector retention.Incentivizing Liquidity ProvidersThe protocol rewards liquidity providers who add to $FLC and μToken exchange pools with $FLC mining rewards proportional to their share of the pool. - These incentives robust liquidity vital for ecosystem growth.Managing the Treasury ReserveThe protocol treasury accumulates a portion of all $FLC expenditures like fees and bids. - These reserves help fund ongoing development,provide collateral,and maintain $FLC value stability. - The treasury may also provide Ecosystem contributor grants to worthy contributors and projects.Maintaining Protocol StabilityRandom Vault redemptions normally have no fees. - But if reserves dip too low,a redemption fees in $FLC applies. - This disincentivizes excessive withdrawals during periods of volatility.In summary,$FLC constructs Flooring Protocols economic framework by incentivizing beneficial platform interactions. - This enables a dynamic,utilitydriven marketplace..
Summary of the coin Floor Protocol
market value (Market Capital) Ranked 819
highest price statistics: 0.04 $USD total number of coins(Supply): 25,000,000,000.00 coin circulated (Circulated): 2,113,469,025.51 coin
8.45%
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Study the exchange market information. Floor Protocol
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