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What is flexacoin used for?

It can be used as a medium to exchange value, as well as to access special features on the mobile app. Flexacoin was introduced in 2018 as an instant collateralization for digital asset transactions. In the years since, the decentralized finance landscape has evolved dramatically, leading Flexacoin to evolve.

How much is flexacoin worth?

The value (or market capitalization) of all available Flexacoin in U.S. dollars is $44.24 million. What hashing algorithm does Flexacoin use? Flexacoin is a coin that uses the ETH Token algorithm.

What happened to flexacoin?

In 2018, we completed a private sale of Flexacoin tokens to a group of accredited investors and established token funds. The proceeds from this token sale have helped us continue to build out the Flexa network through additional merchant integrations and relationships with critical infrastructure partners.

Who can stake flexacoin?

The short answer is that anyone can stake Flexacoin and support an app on the open Flexa network. In return for using their collateral to secure Flexa payments, stakers are paid a small percentage of each transaction that’s processed through the app they choose to collateralize.

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