FAQs
Last updated
Last updated
Flash is a decentralised spot and perpetuals exchange on Solana that lets you trade on up to 100x leverage, with low fees and minimal price impact. The trading engine of Flash is powered by a unique multi-asset pool-to-peer oracle-based program, the first of its kind on Solana. Additionally, it uses an evolutionary NFT architecture to abstract accounts, unlocking a new level of gamification to incentivize high-volume trading on the protocol.
Flash Trade relies on dynamic pricing via Pyth oracles, aggregating prices from 20+ volume exchanges. By leveraging oracles, we adjust fees dynamically to always fill orders with the most optimal quote. The core pool-to-peer engine guarantees adequate margins and risk
Providing liquidity on qualifies you to earn protocol fees generated by traders. Fees collected by Flash.Trade goes back to the LPs (liquidity providers).
As a liquidity provider, your yield comes from:
Fees generated by Traders via swaps, margining, and opening/closing positions
Liquidations
Flash Beast is an NFT collection of 5,555 Bulls and Bears that will be at the heart of Flash Trade. All mint funds will be used to fund the POL (Protocol Owned Liquidity) and holders of NFTs shall receive 100% of the fee share generated through the POL. Holders of NFTs will be the only ones who can trade on Flash Trade initially and create ref-links to invite others to trade. They will also earn extra revenue through referral rebates. As the NFTs evolve and tier up they unlock higher trading-fee discounts and rebates inherently making them more valuable.
Yes. All holders receive 100% fee share on their portion of the POL irrespective of what stage the Beast is at.
There are 3 ways to earn Voltage Points - Trading | LP'ing | Referring. \
10$ of Cumulative trading -- 1 Voltage Point
1$ in earned fees as LP -- 50 VP
1$ in earned rebates from your referral link -- 250 VP
You can level up your Beasts by earning Voltage Points. Levelling up gives you more fee discount, starting from 10% all the way up to 35%. And fee rebates from 5% - 17.5%.
Yes! You can view them here -