About Reflexer Ungovernance Token

FLX is the Ungovernance token for RAI: A non pegged, ETH backed stable asset.

FLX will have two different core functions:

  • Lender of last resort: similar to other models such as the Maker protocol, the RAI system will have surplus and debt auctions. Debt auctions will autonomously mint and auction new FLX in case the system is underwater.
  • Ungoverning the RAI system: once the vast majority of governance capabilities are completely removed from the system, the community will be able to decide on how, when and if to securely governance minimize any remaining components. FLX will facilitate further ungovernance and allow the community to take decisions on how to remove themselves from discretion over the protocol.

Reflexer Ungovernance Token Technical Details

Circulating Supply 193,796
Total Supply 999,715
Max Supply 1,000,000

Reflexer Ungovernance Token FAQ

What is the price of Reflexer Ungovernance Token today?

As of Apr 12, 2026, Reflexer Ungovernance Token trades at $2.08.

What is the market cap of Reflexer Ungovernance Token?

Reflexer Ungovernance Token has a market capitalization of $402,730.28.

What is the 24-hour trading volume of Reflexer Ungovernance Token?

Reflexer Ungovernance Token has a 24-hour trading volume of $0.

What is the all-time high of Reflexer Ungovernance Token?

Reflexer Ungovernance Token reached an all-time high of $2,694.40, recorded on Nov 16, 2021. It is currently 99.92% below its all-time high.

What is the all-time low of Reflexer Ungovernance Token?

Reflexer Ungovernance Token recorded an all-time low of $1.06, recorded on Nov 22, 2025. It is currently 96.87% above its all-time low.

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