Flux Token

Flux Token (FLX) is primarily used to facilitate transactions and operations within the Flux ecosystem. It serves as a means of payment for computational resources, storage, and other services provided by the Flux network. Additionally, FLX is used as an incentive mechanism to reward network participants, such as node operators and developers, who contribute to the maintenance and growth of the platform. Users can stake FLX to participate in network governance and decision-making processes, further enhancing the decentralised nature of the ecosystem.

The official Flux Token ticker is “FLX” and trades under that name on all the exchanges where it has been listed. The designation “FLUXT” is for CryptoCompare.com only.