How does $FLUXB work?

$FLUXB is the native token of Fluxbot, and it plays a central role in the Fluxbot ecosystem. Users holding 1,000 or more $FLUXB tokens are entitled to "Reflections." These reflections are generated through a 3% tax on $FLUXB transactions. The breakdown of the tax distribution is as follows:

• 50% goes to holders, providing them with additional $FLUXB tokens.


• 25% is allocated to the Liquidity Pool (LP), contributing to liquidity in the ecosystem.


• Another 25% is directed towards team and operating expenses, supporting ongoing development and operations.

In addition to these reflections, 40% of the service fees generated by Fluxbot are distributed to $FLUXB holders. This model is designed to incentivize holding $FLUXB, promote liquidity, and reward users for participating in the Fluxbot ecosystem.

$FLUXB tokenomics and risks?

Tokenomics

• Total Supply: 500,000,000 (500m) $FLUXB tokens


• Initial Circulating Supply: 400,000,000 (400m) $FLUXB tokens


• Blockchain: Solana


• Tax: 3%

Risks

Market Risk: The value of $FLUXB is subject to market fluctuations, and users should be aware of the inherent risks associated with cryptocurrency investments.

Smart Contract Risk: As with any blockchain-based project, there may be risks associated with the smart contracts governing $FLUXB. Users should ensure the security and reliability of the smart contracts.

Regulatory Risks: Regulatory changes in the cryptocurrency space could impact the functionality and value of $FLUXB.

Operational Risks: The success of Fluxbot and $FLUXB is contingent on the ongoing development, security, and operational efficiency of the platform. Any disruptions or issues in these areas could pose risks to users.