Flux Protocol (FLUX)

What Is Flux Protocol?

Flux is a cross-chain oracle aggregator that provides smart contracts with access to economically secure data feeds on anything. Every component of the protocol is designed to be maximally open-source, permissionless, and trustless, enabling individuals and communities to design and develop bespoke solutions for data provision and retrieval.

Flux is supported and developed by the Open Oracle Association, a Swiss Non-Profit entity with the sole purpose of supporting the ecosystem through the distribution of grants both in monetary means through USDC and the Flux Token.

Flux Protocol Unique Features

Flux dramatically reduces the time and effort required to build applications that require complex data off-chain on-chain.

Flux Protocol is the first oracle originally developed on top of NEAR Protocol. Currently, oracle on NEAR also has other big players like ChainLink and Band Protocol, but the products of both sides are not mainnet on NEAR.

In the Near Protocol ecosystem, Near and Flux are two projects that have been invested by Coinbase Ventures . This proves that Coinbase pays a lot of attention to the NEAR ecosystem, and maybe Coinbase will continue to appear in the list of investors of the next projects on NEAR.

Roadmap

Phase 1

Focused on developing and perfecting the Flux SDK, Flux Open-Source App, and Flux Index Node.

• Flux Protocol V0.5
• Flux Index Node
• Flux SDK with Mainnet Endpoints
• Bridge DAI from Ethereum to NEAR
• Auditing Beta with Quantstamp

Phase 2

• Flux Protocol V1 on Mainnet
• Flux Oracle
• Flux Governance Contracts
• Quantstamp Security audits all contracts
• Flux Token (At the time of writing the token has not been issued)

Phase 3 (haven’t started yet)

Phase 3 will be started as soon as Phase 2 (development completion phase ends).

Phase 3 is more about the work of putting control of the protocol in the hands of users, implementing decentralization of the protocol.

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Flux Protocol Token Economy

TBA

Detailed Token Metrics

TBA

Token Distribution

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Token Release Schedule

TBA

Partners & Advisors

Currently, the project has more than 10 project partners using their oracle.

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Team Members

Token Sale Pages

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Investors