Flurry Finance (FLURRY) is a DeFi protocol offering cross-chain yield aggregation with rhoToken. More
Fully Diluted Valuation | $1.71M |
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24H Trading Volume | $853 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 824.70M |
Total Supply | 4.43B |
Max Supply | 10.00B |
Categories | Decentralized Finance (DeFi) 4 more |
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Founder | Mike Ting 1 more |
Website | flurry.finance |
Socials | 3 more |
Chains |
Ethereum Ecosystem
1 more
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Explorer | Binplorer 4 more |
Contracts |
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Name | Pair | OG Score |
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Flurry Finance (FLURRY) is a decentralized finance (DeFi) platform designed to simplify yield farming and liquidity provision. Using the FLURRY governance token and rhoToken, which is pegged 1:1 to its underlying stablecoin, Flurry Finance automates yield farming across various DeFi protocols without locking up user funds.
Key Features of Flurry Finance
Cross-Chain Yield Aggregation:
Flurry Finance searches for the best yield opportunities across multiple blockchains, not just Ethereum. This helps users maximize returns while keeping transaction costs low.
Lower Gas Costs:
By pooling assets and moving funds in a single transaction, Flurry Finance reduces the average gas cost per user.
Risk Diversification:
Flurry Finance spreads investments across different DeFi products, reducing the risk associated with any single investment.
User-Friendly Interface:
The platform offers a clear and intuitive interface, showing users how much interest they’ve earned and how their funds are allocated.
Founders and Team
Flurry Finance was co-founded by Mike Ting and Lawrence Wong. Mike Ting, a Cornell and Stanford graduate, has experience in equity derivatives trading at JP Morgan and Societe Generale. Lawrence Wong, who holds a Master’s Degree from Imperial College London, has worked in high-profile roles at Daiwa Capital Markets, KBC Financial Products, and Barclays Capital Markets. Their combined expertise in finance and technology drives Flurry Finance’s mission.
Security Measures
Flurry Finance uses collateralization, covenant monitoring, and cross-chain identification to ensure platform security. However, the platform faced a security breach, leading to the suspension of all smart contracts and features for a thorough investigation and enhanced security measures.
Future Goals
Flurry Finance plans to expand its services to more protocols, making DeFi more accessible and efficient. By simplifying yield farming, reducing costs, and diversifying risk, Flurry Finance aims to attract a wider user base.
Conclusion
Flurry Finance is a DeFi project focused on improving the yield farming experience. With innovative solutions, a strong team, and a commitment to user-friendly design, Flurry Finance is set to make a significant impact in the DeFi space. However, users should always conduct their own research and proceed with caution in the dynamic world of cryptocurrencies and blockchain technology.
Flurry Finance (FLURRY) offers cross-chain yield aggregation through rhoToken, automating yield farming without locking up funds, thus reducing gas fees and diversifying risk.
Flurry Finance was co-founded by Mike Ting, a Cornell and Stanford graduate with experience at JP Morgan and Societe Generale, and Lawrence Wong, an Imperial College London graduate with roles at Daiwa Capital Markets and Barclays Capital Markets.
You can buy Flurry Finance (FLURRY) on BitMart, PancakeSwap (v2) cryptocurrency exchanges.
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