flexUSD token
Overview
The Ethereum-based stablecoin flexUSD, issued by the Coinflex exchange, was structured to accrue yield for its holders via the platform's lending and trading operations. After Coinflex halted withdrawals in 2022, the token's dollar peg encountered difficulties.
Within The Counterparty graph, flexUSD connects to 2 tracked entities, most strongly to Ethereum, smartBCH.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | smartBCH | 95% |
Frequently asked questions
What is flexUSD?
flexUSD is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Ethereum, smartBCH.
What type of entity is flexUSD?
flexUSD is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is flexUSD connected to?
In The Counterparty knowledge graph, flexUSD is linked to 2 other tracked entities, most strongly to Ethereum, smartBCH.