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  • xFLY - Active Participation
  • FLY33 - Passive Participation
  1. Fly
  2. $FLY

xFLY & FLY33

Active or Passive Participation

Previous$FLYNextSupported Networks

Last updated 4 days ago

xFLY - Active Participation

xFLY isn’t just for governance and voting, it’s your boarding pass to influence the fly ecosystem and earn

  • Bribes: Protocols will bribe voters to direct emissions toward their asset pairs.

  • Vote: on asset allocations for emissions. Lock for longer to increase voting power.

  • Slippage & Fee Subsidies: Heavily voted assets have lower fees and slippage, making it cheaper to trade where the value is.

  • Direct FLY emissions to trading pairs you want to trade on

  • Shared Revenue: xFLY stakers earn a cut of the revenue generated on their voted assets.

  • Multiply: The more you stake and more you trade, the more you earn. xFLY holders receive multipliers based on their activity β€” boosting voting power, weekly trading incentives, and protocol fee share. They decay over time to maintain fairness and prevent inflation

    • Active participants get more weight in governance and rewards

      • This ensures that long-term and engaged users see meaningful benefits, where it’s like compounding influence, directly tied to how much value you drive through fly.

Standard Vesting Exit

  • 3-month linear lock

  • Converts xFLY to liquid tokens over time - no burn

  • Encourages stability and commitment to ecosystem

InstaExit

  • Immediate conversion from xFLY to liquid FLY

  • 50% of token amount burned

  • Reduces circulating supply

With this model, traders win, voters win, protocols win, and fly scales with real demand, not TVL, turning FLY into more than just a staking and governance token, rather, it becomes a tool for directly optimizing and incentivizing your trading experience.

If you're looking for a more passive way to participate, FLY33 should interest you.

FLY33 - Passive Participation

We designed FLY to cater to both the traders of DeFi, and those who prefer to hold, or be a bit more passive. If you’re more into passive incentives and just holding, FLY33 may be for you.

  • Vote: algorithmic voting - let us do the work for you

  • Earn: auto-compound your rewards

  • Token: liquid token - no lock period

With this option, users can take part it some of the rewards of the fly ecosystem even if they’re not big traders.