What Tools and Components Make Up The Flux Ecosystem?
As Flux prepares to launch, it’s important to note a couple of interesting characteristics about how Flux has been designed - for all of the different stakeholders involved!
Flux is a Protocol: First things first, Flux is an open-source protocol. What that means, is that much like NEAR protocol, Flux is building an Ecosystem of active and engaged stakeholders: Liquidity Providers, Validators, Users, and Developers who will govern Flux in a decentralized and permissionless manner.
Flux Protocol Is Equipped With A Number of Useful Tools: As an open-source protocol, the Flux team has built a number of very useful tools into the protocol for anyone to make use of!
The Flux Open-Source Application: For trading open-markets on Flux.
The Flux Software Developer Kit: For developers to quickly and easily create new markets, tools, and notifiers on Flux.
The Flux Oracle: For pulling data from other areas of the internet, to resolve markets in a permissionless and valid manner.
The Flux Automated Market Mirror: To seamlessly clone odds on any other betting or market platform into a Flux Market.
Open Order Books and Automatic Market Makers: Easily track predictions across markets, or partake in providing liquidity with unique incentives!
How Do All of These Tools Fit Together? Flux Protocol is a Layer 2 protocol solution built on the NEAR Blockchain. In context, the Flux Solutions stack is multi-layered: Not only is Flux built on a dynamically sharded blockchain Ecosystem, but it also operates as a foundation for startups and developers to offer their own open-market solutions!
Who Uses Flux?
USERS --- FORECASTERS --- TRADERS ---- DEVELOPERS --- FOUNDERS --- ENTERPRISES