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
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