Flux Protocol Mining Guide (BSC)

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The Flux Protocol, a next-generation decentralized lending platform, officially launched its initial mining phase on the Binance Smart Chain (BSC) at block height 6,442,888—approximately April 10, 2025. This marks a pivotal moment for DeFi users seeking innovative yield opportunities across multiple blockchain ecosystems.

Backed by Zero One team and incubated within the Conflux ecosystem, Flux Protocol is designed to be secure, non-custodial, and highly efficient. With support for multi-chain deployment across Conflux, BSC, HECO, OKChain, and Ethereum, it introduces a novel interest rate model, optimized liquidation logic, and low gas consumption—making it a compelling addition to the decentralized finance landscape.

What Is Flux Protocol?

Flux Protocol enables users to deposit, borrow, and earn rewards using digital assets across supported blockchains. On BSC alone, users can mine FLUX tokens by interacting with native assets and cross-protocol deposit receipts.

Supported activities include:

All operations are non-custodial and secured by smart contracts audited by Certik, a leading blockchain security firm. You retain full control of your funds at all times.

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FLUX Tokenomics & Distribution Model

The FLUX token is an ERC-20 utility token with a fixed supply of 21 million, all generated through mining—no pre-mine, no VC allocations, no private sales. This fair launch model ensures equitable access for early participants.

Allocation Overview

Mining Reward Distribution (BSC Chain – 50% of Total Supply)

On BSC, half of the total FLUX supply is allocated to incentivize participation:

  1. Deposit Mining (8%) – Rewards distributed based on deposit interest share
  2. Borrow Mining (12%) – Incentivizes borrowers proportional to borrowing activity
  3. Venus vToken Staking (14%) – Supports vBTCB, vBNB, vETH, vDAI, vUSDT, vUSDC, vBUSD
  4. Cream crToken Staking (2%) – Includes crBNB
  5. Compound cToken Cross-chain Staking (7%) – bccDAI, bccETH
  6. Aave V1 aToken Cross-chain Staking (7%) – bcaDAI, bcaETH

Conflux Chain (25% of Total Supply)

Team & Ecosystem Allocation (25%)

Rewards follow a linear emission schedule with daily reductions of 16 FLUX tokens. The BSC head-mine period lasts 14 days, featuring a total of 1 million FLUX in incentive packages—750,000 allocated to miners and 250,000 locked for team and DAO distribution.

Step-by-Step BSC Mining Guide

Method 1: Direct Deposit & Borrow Mining

1. Connect Your Wallet

2. Deposit Assets for Mining

Let’s use BETH as an example:

🔄 Rewards are claimed automatically with each interaction—no need for manual harvesting.

3. Borrow to Earn Additional Rewards

Using DAI as an example:

You can both deposit and borrow simultaneously to maximize yield potential.

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Method 2: Stake Venus & Cream Deposit Receipts

Step 1: Acquire vTokens or crTokens

For Venus (vToken):

✅ The same process applies to Cream Finance using crTokens.

Step 2: Stake in Flux Mining Pools

This method allows you to earn dual yields: interest from Venus/Cream + FLUX incentives from Flux Protocol.

Method 3: Cross-Chain Mining with Aave & Compound

Step 1: Deposit on Ethereum Protocols

For Aave V1:

⚠️ Ensure you're interacting with Aave V1, not V2 or V3.

For Compound:

Same steps apply—deposit ETH or other supported assets to receive cETH, etc.

Step 2: Bridge Tokens from Ethereum to Conflux

Step 3: Bridge from Conflux to BSC

Now move your caToken (e.g., caETH) to BSC:

Step 4: Stake bcaTokens or bccTokens

This advanced strategy unlocks yield from legacy protocols while leveraging cross-chain liquidity.

Frequently Asked Questions (FAQ)

Q: Is Flux Protocol safe to use?

Yes. Flux has been audited by Certik, one of the most reputable blockchain security firms. Additionally, all code is open-source and tested on mainnet.

Q: Can I use any wallet?

You can use MetaMask for BSC and Ethereum interactions, and Conflux Portal Wallet for cross-chain operations involving Conflux.

Q: When does the BSC head-mine end?

The initial 14-day mining phase ends approximately on April 24, 2025. Early participation yields higher rewards due to declining emission rates.

Q: Do I need to manually claim FLUX rewards?

No. Rewards are automatically distributed with every deposit, withdrawal, or borrowing action.

Q: Can I stake FLUX tokens?

Currently, FLUX is primarily used for governance and mining incentives. Future staking modules may be introduced via DAO proposals.

Q: What happens after the mining phase?

Mining will continue beyond the head-mine period but at a gradually decreasing rate. The protocol is designed for long-term sustainability through community governance.

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Final Thoughts

Flux Protocol represents a significant evolution in cross-chain DeFi lending. By integrating native assets and deposit receipts from top-tier protocols like Venus, Cream, Aave, and Compound, it offers unmatched flexibility and yield potential.

Whether you're depositing stablecoins, borrowing against collateral, or bridging legacy protocol tokens across chains—the path to earning FLUX is clear, secure, and rewarding.

With fair distribution, robust security audits, and strong community governance foundations, Flux stands out as a forward-thinking player in the decentralized finance space.

Now is the ideal time to get involved—before emissions taper off and competition increases.

Start mining today and become part of the next wave of DeFi innovation.