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Fluo

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What is Fluo?

FLUO — a cryptocurrency, designed to be the most sustainable project in the binance smart chain. It combines various secure token principles, such as a completely orphaned liquidity pool, to achieve true long-term sustainability. FLUO has appeared for investors who want an affordable and provably fair token.

Contents:

About the Fluo project

Many projects in the binance smart chain promise extremely high rates of return, up to 1000% per annum. These projects help to attract huge attention and lead to falling prices. They have a lot in common with classic pump-and-dump schemes, thanks to which token creators get a lot of money while investors lose money. The Fluo developers decided to create a sustainable project with acceptable profitability.

The platform uses its own income-backed betting mechanism, which means that all betting rewards appear entirely from the income, generated by the network.Fluo

To go even further, the team decided to distribute 100% of all tokens to the public (80% via token sale, 20% via Pancakeswap). The pancakeswap LP tokens (keys to the Pancakeswap pool) are also burned immediately after listing, making Fluo a resilient token.

Fluo uses 3 principles to achieve long-term sustainability. These principles work in both Fluo smart contract and token sale smart contracts:

Without a team and device There is no hidden wallet for the team / developer. 100% of all tokens goes to the community.
Liquidity pool After the sale of tokens, 20% of all tokens and 20% of proceeds from the sale of tokens will be locked in the Pancakeswap liquidity pool. All commissions will remain in the pool and increase the amount of available liquidity indefinitely, rewarding all holders.
Providing profitability Fluo's bidding mechanism is very different from other projects. In fluo, all staking rewards are backed by smart contract income.

Fluo smart contracts are truly deflationary. With each transaction, 2% of the tokens in the transaction are burned forever (another 2% are distributed among the participants). This is to increase the value of each FLUO token over time.

Additional data

The developers provide an introductory document that summarizes the specifics of the project. Also, there is a blog on the Medium site.

The community actively maintains social networks:

  • twitter;
  • telegram.

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.