Flux is the cryptocurrency that powers the Flux ecosystem and is used for purchasing resources, collateralizing nodes and fueling transactions on FluxOS, rewarding both miners for validating transactions and FluxNode operators for providing computational resources.
Flux is Crucial
Running on its own blockchain, Flux underpins every aspect of the Flux ecosystem. From purchasing resources on the Flux network to enabling decentralized 2FA, Flux is crucial to the smooth operation of the ecosystem.
Flux is a community driven Proof-of-Work (PoW) cryptocurrency with fair distribution (there was no ICO) that community members can earn by mining and/or operating FluxNodes. Those who contribute the most to the network and the smooth operation of the ecosystem are also the ones who reap the greatest rewards.
To support this, Flux uses its own custom PoW hashing algorithm, FluxHash. It is ASIC resistant making it attractive to GPU miners and ensuring a decentralized mining pool. FluxHash is a unique algorithm that is based on previous Equihash algorithms from ZCash(200,9) and ZHash(144,5).
Flux Network has been under continuous development over the last three years. The Flux team is committed to build regardless of market conditions. Here at Flux, we all have a common goal: Building the Next Generation of Decentralized Computing Power.
Created by the people for the people.
Why use one blockchain when you can use many? Through it's parallel assets, Flux is able to leverage the beneficial features of several blockchains such as access to multiple DefI platforms. Flux parallel assets will be interchangeable 1:1 with native Flux through the Fusion app in Zelcore.
The first five parallel assets have already been announced, with another five being announced over the coming months. Once complete, Flux will exist as a native token on ten additional blockchains opening up a wealth of opportunities in DeFi and beyond.
Flux asset is listed on a number of different exchanges, you can find different features between them, from trading to staking.
Keep in mind that any of those exchanges are not controlled by our project. In case of issues with any of those you need to strictly address to the exchange.
The Flux parallel assets have given Flux access to DeFi platforms on both Ethereum and Binance Smart Chain. Below are step by step guides for adding liquidity on Uniswap and PancakeSwap: