A two token approach to decentralized trust and fast, low-cost payments in peer to peer rentals ecosystem
Flambu Tokens Flame ($FLAM) & Flambucks ($FBX)
The token economics in Flambu involves two tokens:
- Flame (FLAM): FLAM is the native utility token of Flambu, with 3 main purposes:
- Governance: As a platform owned and operated by its users, the future of Flambu is entirely driven by $FLAM governance. Everything about Flambu is governable, with the voting weight directly correlated to $FLAM staked for value-added services
- Flambucks (FBX): FBX is a stable token pegged to $USD and backed by other stable tokens such as USDC and FLAM. FBX tokens are used for fast, cheap & secure P2P payments on the Flambu platform. Users of Flambu will see their FBX token balances in their local (or selected) fiat currencies.
Flame & Flambucks Tokens Utilities