Flux

Flux is a decentralized borrowing protocol that allows users to deposit various collateral types and mint the stablecoin fUSD.

It serves three main purposes:

• Existence of the decentralized stablecoin fUSD

• Borrowing of fUSD through Flux Generators

• Generating yield when depositing fUSD into Flux Reservoirs

Flux is the spiritual successor to the STAB Protocol, greatly improving upon it. It is heavily inspired by Liquity V2, and allows users to choose their own interest rate.