Ask about FlareBank
Logo of FlareBankFlareBank(BANK)
Total Value Locked$204,808.26

TVL by Chain

Flare$204,808.26

Key Metrics

Fees 30d$193.08
Fees 30d by chain

Flare$193.08

Fees 7d$0

Flare$0

Fees 24h$0

Flare$0

Cumulative Fees$68,573.07

Flare$68,573.07

Revenue 30d$193.08
Revenue 30d by chain

Flare$193.08

Revenue 7d$0

Flare$0

Revenue 24h$0

Flare$0

Cumulative Revenue$68,573.07

Flare$68,573.07

Holders Revenue 30d$155.07
Holders Revenue 30d by chain

Flare$155.07

Holders Revenue 7d$0

Flare$0

Holders Revenue 24h$0

Flare$0

Cumulative Holders Revenue$54,858.45

Flare$54,858.45

Treasury$13,183.28

$0

Stablecoins$13,183.28

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

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 ($6.83m)Nirvana V2 ($2.57m)Rezerve Money ($595,612.94)Eggs Finance ($32,381.72)Apiary ($23,825.3)BakerDAO ($13,212.76)BLUE Protocol ($6,900.95)KronosDAO ($2,846.36)Hotfriescoin ($1,869.4)Photon Protocol ($1,361.18)

Frequently Asked Questions

What is FlareBank's TVL?

FlareBank currently has $204,808.26 in total value locked. TVL has increased 7.6% 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 $193.08 in fees. Of that, $193.08 was protocol revenue. Based on the trailing year, the annualized rate is $12,539.07 in fees and $12,539.07 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 $10.28m across 99 protocols, and FlareBank accounts for 2% of that total. Other leading protocols include The Idols, Nirvana V2, Rezerve Money, Eggs Finance, Apiary, BakerDAO, BLUE Protocol, KronosDAO, Hotfriescoin, and Photon Protocol.

Does FlareBank have a treasury?

FlareBank has a tracked treasury currently valued at $13,183.28. Its holdings include $13,183.28 in stablecoins, $0.00025 in other assets.