Average Daily Volume
Reflexer Ungovernance is currently ranked number 1105 worldwide with a daily trading volume of $28,538.00, which it will make it not so easy for you to sell your holdings of Reflexer Ungovernance.
Rating: 0/5
Market Cap
Reflexer Ungovernance has a total market cap of $7,099,259.00.
Rating: 0/5
Community
Reflexer Ungovernance has 19,617 total followers in all its social media accounts.
Rating: 0/5
All Time High
Reflexer Ungovernance is currently -99.41% from its highest price $1,839.79 on 2021-04-15.
Rating: 5/5
Price Potential
The Reflexer Ungovernance price has the potential to increase to $2,583.60 during the next cryptocurrency bull market, which may occur within the next five years.
Overall Score
Our algorithm believes it is an excellent time to invest in Reflexer Ungovernance right now.
Overall rating: 2/5
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What Is Reflexer Ungovernance?
FLX will have two different core functions:
- Lender of last resort: similar to other models such as the Maker protocol, the RAI system will have surplus and debt auctions. Debt auctions will autonomously mint and auction new FLX in case the system is underwater.
- Ungoverning the RAI system: once the vast majority of governance capabilities are completely removed from the system, the community will be able to decide on how, when and if to securely governance minimize any remaining components. FLX will facilitate further ungovernance and allow the community to take decisions on how to remove themselves from discretion over the protocol.
