Ask about FlareBank

Logo of FlareBankFlareBank(BANK)

Total Value Locked$214,626

TVL by Chain

Flare$214,626

Key Metrics

Fees 30d$156.10
Fees 30d by chain

Flare$156.10

Fees 7d$0.07

Flare$0.07

Fees 24h$0

Flare$0

Cumulative Fees$68,729

Flare$68,729

Revenue 30d$156.10
Revenue 30d by chain

Flare$156.10

Revenue 7d$0.07

Flare$0.07

Revenue 24h$0

Flare$0

Cumulative Revenue$68,729

Flare$68,729

Holders Revenue 30d$125.08
Holders Revenue 30d by chain

Flare$125.08

Holders Revenue 7d$0.06

Flare$0.06

Holders Revenue 24h$0

Flare$0

Cumulative Holders Revenue$54,984

Flare$54,984

Treasury$13,939

$0

Stablecoins$13,906

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 ($6.77m)Nirvana V2 ($2.48m)Rezerve Money ($591,194)United Founders Group ($205,257)Eggs Finance ($48,444)Apiary ($21,387)BakerDAO ($14,278)BLUE Protocol ($5,265)KronosDAO ($2,870)Hotfriescoin ($1,868)

Frequently Asked Questions

What is FlareBank's TVL?

FlareBank currently has $214,626 in total value locked. TVL has decreased 0.7% 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 $156.10 in fees. Of that, $156.10 was protocol revenue. Based on the trailing year, the annualized rate is $9,283 in fees and $9,283 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 $10.36m across 94 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 $13,939. Its holdings include $13,906 in stablecoins, $32.68 in other assets.