Ask about FlareBank
Logo of FlareBankFlareBank(BANK)
Total Value Locked$209,279.21

TVL by Chain

Flare$209,279.21

Key Metrics

Fees 30d$104.56
Fees 30d by chain

Flare$104.56

Fees 7d$0

Flare$0

Fees 24h$0

Flare$0

Cumulative Fees$68,573.07

Flare$68,573.07

Revenue 30d$104.56
Revenue 30d by chain

Flare$104.56

Revenue 7d$0

Flare$0

Revenue 24h$0

Flare$0

Cumulative Revenue$68,573.07

Flare$68,573.07

Holders Revenue 30d$83.86
Holders Revenue 30d by chain

Flare$83.86

Holders Revenue 7d$0

Flare$0

Holders Revenue 24h$0

Flare$0

Cumulative Holders Revenue$54,858.45

Flare$54,858.45

Treasury$12,842.55

$0

Stablecoins$12,842.55

Own Tokens$0

Others$0.00025

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 ($6.5m)Nirvana V2 ($2.57m)Rezerve Money ($579,345.76)Eggs Finance ($30,362.9)Apiary ($23,690.79)BakerDAO ($12,637.85)BLUE Protocol ($6,706.37)KronosDAO ($2,808.08)Life DAO ($1,898.7)Hotfriescoin ($1,870.28)

Frequently Asked Questions

What is FlareBank's TVL?

FlareBank currently has $209,279.21 in total value locked. TVL has increased 11.7% 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 $104.56 in fees. Of that, $104.56 was protocol revenue. Based on the trailing year, the annualized rate is $11,449.07 in fees and $11,449.07 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 $9.93m across 97 protocols, and FlareBank accounts for 2.1% of that total. Other leading protocols include The Idols, Nirvana V2, Rezerve Money, Eggs Finance, Apiary, BakerDAO, BLUE Protocol, KronosDAO, Life DAO, and Hotfriescoin.

Does FlareBank have a treasury?

FlareBank has a tracked treasury currently valued at $12,842.55. Its holdings include $12,842.55 in stablecoins, $0.00025 in other assets.