The Flashstake protocol is a novel financial infrastructure that allows users to receive instant yield on deposited assets by locking up principal for a chosen duration. The protocol is made possible by Flash Strategies, which utilize underlying protocols such as AAVE, Yearn, etc. to generate yield.

Upon staking into the Flashstake protocol, the staked tokens are immediately sent to the Flash Strategy and deposited into the underlying protocol (eg. AAVE, Yearn) to start earning yield. The Flash Protocol and Flash Strategy determine the number of fTokens that should be minted and sent to the staker based on staked token quantity and duration. The resulting fTokens entitle the holder to a proportional claim on yield generated by the Flash Strategy.

For example, if the yield pool currently contains $1,000 USD and a staker holds 100% of fTokens for that strategy, he or she may burn their fTokens and redeem the entire $1,000 USD.

Flashstake protocol deployed to mainnet on July 28, 2022 with a total supply of 150,000,000. This total can be broken down into:

Community Airdrop - 18.66%, immediately in circulation.

• 27,984,427 Tokens

Blockzero Treasury Allocation - 15.17%, immediately vested but not immediately in circulation.

• 22,755,425 Tokens

Flashback Staking Rewards - 12.34%, vested and released over 12 months.

• 18,504,723 Tokens

Flashstake Growth Budget - 38.84%, immediately vested but not immediately in circulation.

Flashstake Team Budget - 15.00%, vested over 24 months for ongoing team support.

• 22,500,000 Tokens of which 7,875,000 have been released on 01.09.22

Total circulating supply: 58,614,852

Flashstake was planned and built by the Flashstake project team from Blockzero Labs. Blockzero (formerly XIO Network) was formed in 2019 and has now expanded to a global team in more than a dozen countries, consisting of strategists, protocol designers, engineers, developers, marketers, creatives, business developers, and community champions.

FLASH is available from Uniswap V2. It is also available in Uniswap V3.

More information about Flashstake can be found at flashstake.io and in our detailed Flashstake Protocol documentation.

The all-time high of FLASH was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Flashstake (FLASH) is 0. The current price of FLASH is down 0% from its all-time high.

As of , there is currently 76.90M FLASH in circulation. FLASH has a maximum supply of 150.00M.

The current market cap of FLASH is 29,044.75. It is calculated by multiplying the current supply of FLASH by its real-time market price of 0.000377705685.

The all-time low of FLASH was 0 , from which the coin is now up 0%. The all-time low price of Flashstake (FLASH) is 0. The current price of FLASH is up 0% from its all-time low.

Flashstake (FLASH) has a market capitalization of $29,044.75 and is ranked #2850 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Flashstake (FLASH) price trends and patterns to find the best time to purchase FLASH.