Stabilis Ecosystem | by ILIS DAO
  • Welcome!
  • Introduction
    • I Like It Stable Ecosystem
      • ILIS DAO
      • Flux
      • STAB Protocol
  • ILIS DAO
    • Using ILIS DAO
      • Membership
      • Incentives
      • Governance
    • Technical Info
      • Components & Manifests
      • Source Code
      • Liquidity Bootstrapping Pools
    • Founders
    • Official documents
  • Flux
    • Using Flux
      • Flux USD (fUSD)
      • Borrowing and Liquidations
      • Earning with Flux
      • Redemptions
    • Technical Info
      • Components & Manifests
      • Source Code
      • Oracle
      • System Parameters
    • Dangers
    • Whitepaper
  • Video Tutorials
  • STAB Protocol
    • Using STAB Protocol
      • Swap
      • Borrow
      • Manage loans
      • Liquidations
    • Technical Info
      • Components & Manifests
      • Source Code
      • Oracle
      • System Parameters
      • Interest Rate
      • Real 7d APY
    • Dangers
    • Whitepaper
  • Miscellaneous
    • Tokens
      • ILIS DAO
        • ILIS
        • Membership ID
          • Membership ID Unstake Receipt
          • Membership ID Transfer Receipt
        • Incentives ID
          • Incentives ID Unstake Receipt
          • Incentives ID Transfer Receipt
        • Proposal Receipt
      • STAB protocol
        • STAB
        • LPSTAB
        • Loan Receipt
        • Marker Receipt
        • Liquidation Receipt
        • Flash Loan Receipt
    • FAQ
    • Glossary
    • Useful links
    • DISCLAIMER
    • Terms & Conditions
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  1. Introduction
  2. I Like It Stable Ecosystem

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.

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Last updated 5 days ago