Ask about FlareBank

Logo of FlareBankFlareBank(BANK)

Total Value Locked$229,880

TVL by Chain

Flare$229,880

Key Metrics

Fees 30d$218.10
Fees 30d by chain

Flare$218.10

Fees 7d$47.10

Flare$47.10

Fees 24h$0.07

Flare$0.07

Cumulative Fees$68,729

Flare$68,729

Revenue 30d$218.10
Revenue 30d by chain

Flare$218.10

Revenue 7d$47.10

Flare$47.10

Revenue 24h$0.07

Flare$0.07

Cumulative Revenue$68,729

Flare$68,729

Holders Revenue 30d$174.08
Holders Revenue 30d by chain

Flare$174.08

Holders Revenue 7d$38.08

Flare$38.08

Holders Revenue 24h$0.06

Flare$0.06

Cumulative Holders Revenue$54,984

Flare$54,984

Treasury$14,964

$0

Stablecoins$14,931

Own Tokens$0

Others$32.68

Protocol Information

FlareBank is a dApp built on the Flare Network, designed to create a dividend-driven ecosystem centered around its native token, $BANK

X/Twitter
Category:Reserve Currency

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: 10% fee on mints and burns (denominated in WFLR), 1% fee on transfers and LP swaps (denominated in BANK).View code on GitHubRevenue: 100% of fees are distributed as revenue: 80% to BANK token holders as dividends, and 20% to the protocol (15% team wallet, 5% DAO treasury).View code on GitHubHolders Revenue: 80% of all fees distributed as dividends to BANK token holders.View code on GitHubTreasury: Value of tokens owned by the protocol

Competitors

The Idols ($7.29m)Nirvana V2 ($2.51m)Rezerve Money ($632,953)United Founders Group ($205,151)Eggs Finance ($47,507)Apiary ($21,460)BakerDAO ($15,403)BLUE Protocol ($5,688)KronosDAO ($2,952)Hotfriescoin ($1,855)

Frequently Asked Questions

What is FlareBank's TVL?

FlareBank currently has $229,880 in total value locked. TVL has increased 3.7% over the past 30 days.

What chains does FlareBank operate on?

FlareBank operates on Flare. Flare holds the largest share at 100%.

How much has FlareBank generated in fees and revenue?

Over the past 30 days, FlareBank generated $218.10 in fees. Of that, $218.10 was protocol revenue. Based on the trailing year, the annualized rate is $9,654 in fees and $9,654 in revenue.

How does FlareBank's TVL compare to similar protocols?

Among Reserve Currency protocols tracked by DefiLlama, FlareBank ranks #4 by TVL. The category holds $10.96m across 98 protocols, and FlareBank accounts for 2.1% of that total. Other leading protocols include The Idols, Nirvana V2, Rezerve Money, United Founders Group, Eggs Finance, Apiary, BakerDAO, BLUE Protocol, KronosDAO, and Hotfriescoin.

Does FlareBank have a treasury?

FlareBank has a tracked treasury currently valued at $14,964. Its holdings include $14,931 in stablecoins, $32.68 in other assets.