FLASH Flashstake

The Flashstake protocol is a novel financial infrastructure that allows users to receive instant yield on deposited assets by locking up principal for a chosen duration. The protocol is made possible by Flash Strategies, which utilize underlying protocols such as AAVE, Yearn, etc. to generate yield.

FLASH Token

• The purpose of the token is to govern the Flashstake protocol.

fTokens

• Flash protocol creates strategy-specific fTokens, an ERC-20 token, whenever a new strategy is registered.
• fTokens represent a proportional claim to the yield pool of the strategy they represent.
• 100% of the total fToken supply can be redeemed for 100% of the total yield accumulated within a given strategy.

FlashNFTs

• FlashNFT can be minted to allow for a tradable representation of a user’s stake.
• FlashNFTs can also be created after the initial stake if the stake still has remaining tokens available.