The Flash Beasts

Flash Beast was a collection of 5,555 3D evolutionary NFTs featuring bulls and bears. The collection was minted on December 19, 2023, at approximately $220 per NFT. Flash Beast was created to bootstrap initial liquidity for Flash Trade, with the mint funds seeding the platform's liquidity pool. All fees generated from this liquidity were distributed back to NFT holders and in less than a year the NFT had recovered its entire mint cost just in fees alone.

The Flash Beast was used to gamify the incentive mechanism on the platform. Instead of doing a regular vanilla points program where users try to bot farms with the intent to game the system, we decided to use flash beast nft itself as a rewards mechanism.

The Beasts came with an entire reward and benefit system attached to them. Holders were able to gain Voltage Points (VP) based on their activity on the platform which lead to access to greater levels of their NFT. The higher VP lead to higher levels on your Flash Beast NFT which unlocks higher tier of perks which include high fee discounts, referral rebate and yield boost on providing liquidity.

We saw some beast holders earning $5000 worth of referrals in a week and the power users of the platform saving thousand of dollars in trading fees using the Flash Beast NFT.

On 15th April 2025 the reward program of the Flash Beast NFT came to its conclusion and the nfts were converted to $FAF, the amount of which dependent on the level of the Flash Beast NFT.

The page to convert the Flash Beast NFT to $FAF is open till 11/15/2025 post which all unclaimed FAF will be burned from existence. You can find the link to claim your FAF