FLARE
  • Flare: The OFT Hyper-Deflationary Protocol on TitanX
  • Flare Minting and Auction Process
  • Mint Allocation and Ratio
  • Liquidity Pool Creation
  • Daily Auction Pool Mechanics
  • Buy & Burn Mechanics
  • Buy/Sell Tax
  • Conclusion
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Flare: The OFT Hyper-Deflationary Protocol on TitanX

What is Flare?

Flare is a hyper-deflationary token built on the TitanX protocol, incorporating a unique daily auction system and a capped supply distributed over 11 weeks. Following the initial distribution, the protocol enters a phase of full deflation. Flare dedicates 92% of system value to buy-and-burns and liquidity within TitanX and its future protocols.

Flare's Key Features:

  • Deflationary Token: Controlled token distribution with rapid buy-burn mechanics.

  • Daily Auctions: Structured to increase scarcity and value.

  • 11-Week Full Distribution: The initial distribution phase ends in 11 weeks.

  • Flare is OFT (Omnichain Fungible Token), meaning all supply will start on the ETH blockchain and will be able to transfer to any evm blockchain.

Auto X28 Minting: 76% of the ETH and TitanX used for Minting or Daily Auction will mint X28

NextFlare Minting and Auction Process

Last updated 2 months ago

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