The Flashstake protocol is a unique financial infrastructure that enables users to receive immediate yield on their deposited assets by locking up their principal for a chosen duration. This protocol is made possible by Flash Strategies, which utilize underlying protocols like AAVE, Yearn, etc., to generate yield.

When staking into the Flashstake protocol, the staked tokens are immediately sent to the Flash Strategy and deposited into the underlying protocol (e.g., AAVE, Yearn) to start earning yield. The Flash Protocol and Flash Strategy determine the number of fTokens that should be minted and sent to the staker based on the quantity and duration of the staked tokens. The resulting fTokens entitle the holder to a proportional claim on the yield generated by the Flash Strategy.

For example, if the yield pool currently contains $1,000 USD and a staker holds 100% of the fTokens for that strategy, they can burn their fTokens and redeem the entire $1,000 USD.

The Flashstake protocol was deployed to the mainnet on July 28, 2022, with a total supply of 150,000,000 tokens. This total supply can be broken down as follows:

Community Airdrop - 18.66% (27,984,427 tokens) immediately in circulation*

Blockzero Treasury Allocation - 15.17% (22,755,425 tokens) immediately vested but not immediately in circulation*

Flashback Staking Rewards - 12.34% (18,504,723 tokens) vested and released over 12 months*

Flashstake Growth Budget - 38.84% immediately vested but not immediately in circulation

Flashstake Team Budget - 15.00% (22,500,000 tokens) vested over 24 months for ongoing team support* (7,875,000 tokens have been released on 01.09.22)

Total circulating supply: 58,614,852 tokens

FLASH Token* The purpose of the FLASH token is to govern the Flashstake protocol.

fTokens* The Flash protocol creates strategy-specific fTokens, which are ERC-20 tokens, whenever a new strategy is registered. * fTokens represent a proportional claim to the yield pool of the strategy they represent.* 100% of the total fToken supply can be redeemed for 100% of the total yield accumulated within a given strategy.

FlashNFTs* FlashNFTs can be minted to provide a tradable representation of a user's stake. * FlashNFTs can also be created after the initial stake if the stake still has remaining tokens available.

Flashstake was planned and developed by the Flashstake project team from Blockzero Labs. Blockzero (formerly XIO Network) was established in 2019 and has now grown into a global team spanning over a dozen countries. The team consists of strategists, protocol designers, engineers, developers, marketers, creatives, business developers, and community champions.

The Flashstake smart contracts have undergone audits by Peckshield and Openkertify/Secure3. Additionally, Flashstake has undergone numerous successful community testnets to further ensure protocol security.

FLASH is available on Uniswap V2 and Uniswap V3.

For more information about Flashstake, please visit flashstake.io and refer to our detailed Flashstake Protocol documentation.

The Flashstake protocol is a unique financial infrastructure that enables users to receive immediate yield on deposited assets by locking up principal for a chosen duration. The protocol utilizes Flash Strategies, which leverage underlying protocols like AAVE, Yearn, etc. to generate yield.

When staking into the Flashstake protocol, the staked tokens are sent directly to the Flash Strategy and deposited into the underlying protocol (e.g., AAVE, Yearn) to start earning yield. The Flash Protocol and Flash Strategy determine the number of fTokens that should be minted and sent to the staker based on the quantity and duration of the staked tokens. The resulting fTokens entitle the holder to a proportional claim on the yield generated by the Flash Strategy.

For instance, if the yield pool currently holds $1,000 USD and a staker possesses 100% of fTokens for that strategy, they can burn their fTokens and redeem the entire $1,000 USD.

The Flashstake protocol was deployed to the mainnet on July 28, 2022, with a total supply of 150,000,000 tokens. This total supply can be broken down as follows:

Community Airdrop - 18.66%, immediately in circulation.* 27,984,427 tokens

Blockzero Treasury Allocation - 15.17%, immediately vested but not immediately in circulation.* 22,755,425 tokens

Flashback Staking Rewards - 12.34%, vested and released over 12 months.* 18,504,723 tokens

Flashstake Growth Budget - 38.84%, immediately vested but not immediately in circulation.

Flashstake Team Budget - 15.00%, vested over 24 months for ongoing team support.* 22,500,000 tokens, of which 7,875,000 have been released on 01.09.22

Total circulating supply: 58,614,852 tokens

Flashstake was conceptualized and developed by the Flashstake project team from Blockzero Labs. Blockzero (formerly XIO Network) was established in 2019 and has now grown into a global team spanning over a dozen countries. The team comprises strategists, protocol designers, engineers, developers, marketers, creatives, business developers, and community champions.

FLASH can be purchased from Uniswap V2 and is also available in Uniswap V3.

For more information about Flashstake, you can visit flashstake.io and refer to our comprehensive Flashstake Protocol documentation.