Program Structure

Points are earned through three key activities:

1. Trading

   For every $10 traded, you will earn 1 point.

   Each completed transaction, regardless of the amount, earns 1 point.

2. Providing Capital (LPers)

   For every 10 USDC/day deposited, you earn 3 points per day, based on UTC+7.

   Withdrawals reduce earned points based on the percentage withdrawn relative to the total balance.

3. Referral Program

   Earn 1 point per referral when the invited user completes one transaction and verifies their email.

   Additionally, you receive 30% of the total points earned by your referred users, applicable only to direct referrals.

Note: Points are accumulated in real-time.

Epoch 1 is just the beginning—your participation will help shape the future of the Flaex community.

FAQs

How do I start earning points?

Points are earned automatically through your trading, capital providing, and referral activities on Flaex.

What happens if I withdraw my liquidity?

Withdrawing liquidity will proportionally reduce your earned points based on the percentage withdrawn.

Can I refer multiple users?

Yes, you can refer multiple users, and you will earn points for each referred user who completes a transaction and verifies their email.

About Flaex

Flaex is the only decentralized margin trading exchange that offers native yield on on-chain assets. Backed by Aave, the largest decentralized lending platform, Flaex enhances the trading experience by offering key advantages, including:

• Funding rate of approximately 1%, significantly lower than competitors—5x lower than GMX and 14x lower than Hyperliquid and dYdX.

• Sustainable compound returns of 20% for liquidity providers using USDC, delivering real and consistent profits.

• Passive compounding up to 5% on trader balances, even when not actively trading.

With these features, Flaex delivers a powerful combination of decentralized trading, efficient yield, and optimized returns for all users.

Learn more about Flaex at: Website | Whitepaper | TG contact

As part of the Optimism Superchain, Unichain promises to slash costs by up to 95%, providing faster transactions with block times as short as one second. Its seamless interoperability with other chains within the Superchain framework is aimed at addressing Ethereum's known bottlenecks, such as high gas fees and slower transactions, making DeFi participation smoother and more cost-effective.

The Benefits of Unichain for DeFi

The introduction of Unichain brings a range of advantages for the broader DeFi sector. One major upside is the drastic reduction in transaction fees, which makes DeFi more accessible by lowering the financial barriers to entry.

Additionally, the improved transaction speeds (with block times as low as one second) will significantly enhance user experiences, making operations feel almost instantaneous and reducing the risk of failed trades during network congestion. Furthermore, cross-chain liquidity enabled by Unichain’s integration into the Optimism Superchain ensures that users can access deeper liquidity pools across multiple chains, fostering a more cohesive and efficient DeFi ecosystem.

Potential Downsides of Unichain for DeFi

However, the launch of Unichain is not without challenges. A key concern is the risk of fragmenting liquidity, as liquidity providers may find their assets split between Ethereum’s Layer 1 and Unichain, which could potentially lead to higher slippage and less efficient trading.

Another challenge is the increased complexity for users, especially those accustomed to using Uniswap solely on Ethereum. The introduction of a new Layer 2 chain may require users to navigate additional layers of technical complexity. Lastly, in its early phases, Unichain’s validator network will be controlled by Uniswap Labs, raising concerns around centralization until the network matures into a more decentralized structure.

How Flaex Can Benefit from Unichain’s Launch

For Flaex, which relies on Uniswap for decentralized trading and protocols like Aave for lending, Unichain presents several promising opportunities. First, the reduced transaction fees and faster execution times will enhance the overall user experience on Flaex, making trading more efficient and cost-effective.

Additionally, Unichain’s access to cross-chain liquidity within the Optimism Superchain will allow Flaex to tap into a broader and more diverse liquidity pool, improving trading conditions. Moreover, the protection against Miner Extractable Value (MEV) that Unichain offers will ensure fairer and more secure trade execution for Flaex users, making it a valuable upgrade.

Looking Ahead: Flaex and Unichain’s Future

While Unichain is still in its test phase and will take time to fully roll out, its potential to reshape DeFi is substantial. The Flaex team will continue to prioritize its current development efforts, ensuring the platform is prepared for whatever comes next.

As Unichain matures, Flaex looks forward to leveraging its advantages to improve the trading and liquidity experience. For now, we’ll be watching closely to see how Unichain evolves and what it will bring to the broader web3 landscape, as Flaex remains committed to staying at the forefront of these exciting developments.

Also learn more about Flaex at: Website | Whitepaper | TG contact

What is Flash Swap?

A Flash Swap is a unique feature of Uniswap that allows users to borrow any amount of assets from a liquidity pool without needing upfront collateral, provided that the borrowed amount is returned within the same transaction. If the borrower fails to return the assets by the end of the transaction, the entire trade is rolled back. This atomic nature of Ethereum transactions ensures there is no risk of default from the lender's perspective.

How Flaex Innovates with Flash Swap

Flaex integrates Flash Swap with lending protocols to create an optimized margin trading environment. Here's how it works:

1. Increased Borrowing Power: In a traditional system, you must deposit collateral before borrowing assets. Flaex flips this by allowing users to initiate trades with Flash Swap, gaining instant access to assets like ETH. These assets can be used as collateral in lending protocols such as Aave, enabling traders to immediately borrow additional funds without the need for multiple transactions.

2. Efficient Leverage: Through Flash Swap, traders can maximize their leverage by recycling assets as collateral multiple times within a single transaction. This innovation allows traders to reach leverage levels up to 4x without exposing themselves to the immediate liquidation risks that exist in over-collateralized lending models.

3. Lower Risk, Higher Rewards: By reducing the need for excessive collateral and enabling the trader to move assets seamlessly between borrowing and trading platforms, Flaex minimizes the liquidation risk that often occurs in traditional margin trading. Traders can also enjoy lower funding rates, thanks to Flaex's use of Aave’s liquidity pools, which offer competitive interest rates on borrowed assets.

An Example in Action

Let’s say a trader, John, wants to go long on ETH using $1,500 in USDC, aiming for 2x leverage. In a traditional setup, John would be restricted by the need to collateralize ETH before borrowing USDC. With Flaex’s Flash Swap, John can bypass these limitations. He borrows ETH instantly via Flash Swap, deposits it as collateral in Aave, and borrows USDC against this collateral to further increase his position. This smooth, atomic transaction enhances leverage while reducing borrowing risks.

Why This Matters

For DeFi traders, access to higher leverage with minimized risk is a game-changer. By utilizing Flash Swap, Flaex opens up a world of possibilities where traders can execute complex margin trading strategies with minimal friction, lower costs, and reduced liquidation threats. With up to 4x leverage available, Flaex is setting new standards for decentralized margin trading.

But what if 4x leverage isn’t enough for your trading strategy? How can Flaex help traders boost their capital for larger positions? Stay tuned for the next Flaex 101 to find out!

Also learn more about Flaex at: Website | Whitepaper | TG contact

Innovative Features of Uniswap v4

Singleton Contract: One of the standout features is the Singleton Contract, which consolidates all liquidity pools into a single contract. This drastically reduces gas fees, an ongoing challenge in DeFi. By managing all pools under one roof, Uniswap v4 streamlines liquidity provision and cuts transaction costs significantly.

Hooks for Custom Liquidity Pools: Another groundbreaking addition is the hooks system, which allows developers to customize the behavior of liquidity pools. This level of customization opens new doors for financial experimentation, enabling more advanced use cases like conditional orders, dynamic fees, and other custom logic within a pool.

Time-Weighted Average Market Maker (TWAMM): TWAMM enables the gradual execution of large trades over time, reducing market slippage and enhancing price stability. This feature is especially important for DeFi traders executing high-volume trades and looking to minimize price impact.

Native Oracles: Uniswap v4 integrates native oracles to offer more secure and reliable price feeds. This ensures that liquidity pools operate on accurate and tamper-proof pricing data, enhancing the security of the entire trading ecosystem.

Flash Accounting: Uniswap v4 also introduces Flash Accounting, which optimizes transaction flow and reduces redundant calculations. This leads to more efficient transactions, reducing gas fees further and making the platform more accessible to smaller traders.

The Value of Uniswap v4 to DeFi Development

Uniswap v4 doesn’t just benefit individual traders or developers—it adds value to the entire DeFi ecosystem. By reducing gas costs and allowing for greater customization through hooks, it empowers developers to create more innovative financial products. With TWAMM and native oracles, the platform enhances market stability and security, attracting both new and experienced DeFi participants. These improvements make DeFi more accessible, scalable, and sustainable, driving forward the next wave of decentralized innovation.

The Value for Flaex

For Flaex, the release of Uniswap v4 brings immense benefits. By leveraging Uniswap’s trading infrastructure, Flaex traders will enjoy significantly lower gas fees due to the Singleton Contract. The customizable hooks system also presents new possibilities for advanced liquidity management, enabling Flaex to implement more sophisticated trading strategies. TWAMM will allow Flaex users to execute large-margin trades with minimal slippage, improving overall trading efficiency. Moreover, native oracles will enhance price accuracy and security, offering traders greater peace of mind when executing their transactions.

In summary, Uniswap v4 is a game-changer for the DeFi world, and the innovations it brings will greatly benefit platforms like Flaex, enhancing user experience, security, and flexibility in margin trading.

Learn more about Flaex at: Website | Whitepaper | TG contact

If you’re diving into the world of DeFi, you’ve probably come across the term Flash Swap on Uniswap. It’s a powerful tool that lets you borrow tokens from a liquidity pool without having to put down any upfront collateral. Sounds pretty wild, right? Let me explain how it works in simpler terms. Let's see how it works 👇

So, what exactly is a Flash Swap?

Normally, when you trade on Uniswap, let’s say you want to exchange USDC for ETH, you send your USDC to the pool first. Once the pool receives it, it calculates how much ETH you’ll get and then sends you the ETH. Pretty straightforward.

But with a Flash Swap, things happen in reverse:

You can withdraw the tokens you want (like ETH) before putting down anything. Yes, you read that right. After you have the tokens, you can do whatever you need—maybe sell them, trade on another platform, or take advantage of a price difference. By the end of the transaction, you either return the borrowed tokens or repay with the equivalent value in another token (like sending USDC instead of ETH).

Here’s the catch: everything has to happen within the same Ethereum transaction. If you don’t repay what you borrowed by the end of that transaction, it all gets rolled back, meaning the tokens were never borrowed in the first place. It’s like the whole thing never happened—super safe for the pool’s assets.

Let’s look at an example:

Imagine Alice sees that ETH is priced lower on Uniswap compared to another exchange. She could:

1. Use a Flash Swap to borrow 1 ETH from Uniswap without depositing any USDC upfront.

2. Instantly sell that ETH on the other exchange where the price is higher.

3. Use the profits from that sale to repay the Uniswap pool in USDC—all within the same transaction.

4. If she pulls it off, she pockets the difference in price as profit. If not, no worries—because the whole transaction just gets canceled, and it’s like she never borrowed the ETH in the first place.

Flash Swaps are really handy for things like arbitrage, refinancing, or any operation where you don’t want to lock up your own funds upfront. It’s a great tool for more advanced DeFi users to get creative with their strategies.

Use Cases

Arbitrage: Flash swaps enable arbitrage opportunities by allowing you to borrow tokens from a Uniswap pool, sell them on another exchange, and then pay back the borrowed tokens, all within a single atomic transaction. This allows you to profit from price discrepancies between exchanges without needing any upfront capital.

Debt Refinancing: You can use flash swaps to refinance debt from one protocol to another with a lower interest rate. By borrowing tokens from Uniswap, paying off the original debt, taking out a new loan at the lower rate, and then paying back the Uniswap loan, you can reduce your interest costs.

Leveraged Trading: Flash swaps make it possible to execute leveraged trades without needing to deposit collateral upfront. You can borrow tokens from Uniswap, use them to open a leveraged position on another platform, and then pay back the borrowed tokens from the profits of the trade.

Liquidity Provision: Flash swaps can be used to provide liquidity to Uniswap pools in a capital-efficient manner. By borrowing tokens from one pool, depositing them as liquidity in another pool to earn fees, and then paying back the borrowed tokens, you can generate yield without tying up your own capital.

Collateral Swaps: In decentralized lending protocols, flash swaps allow you to atomically swap the collateral asset used to secure a loan. This can be useful for optimizing your capital efficiency or preparing to take out a new loan.

In summary, flash swaps enable a wide range of decentralized finance use cases by allowing you to borrow tokens without any upfront capital requirements. The key is that the entire transaction, including paying back the borrowed tokens, must succeed atomically or else the entire transaction is reverted.

You can mint the entry to donate to the Flaex team. We will have some gifts for you if we succeed in the future.