Red Alarm
FlashStake
High-risk yield farming on BNB Chain.
FlashStake StatisticsBNB Smart Chain
BNB Smart Chain
About FlashStake
What is 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. Upon staking into the Flashstake protocol, the staked tokens are immediately sent to the Flash Strategy and deposited into the underlying protocol (eg. AAVE, Yearn) to start earning yield. The Flash Protocol and Flash Strategy determine the number of fTokens that should be minted and sent to the staker based on staked token quantity and duration. The resulting fTokens entitle the holder to a proportional claim on yield generated by the Flash Strategy.