What Is Ice Flake Finance (FLAKE)?

What Is Ice Flake Finance (FLAKE)? Complete Guide Review About Ice Flake Finance.

What Is Ice Flake Finance (FLAKE)?

Avalanche is the fastest smart contracts platform in the Blockchain industry, as measured by time-to-finality, and has the most Flake Finance securing its activity of any proof-of-stake protocol. Following the successful roll outs of both Ice Slush Finance (Layer 1) and Ice Cubes Finance (Layer 2), they are excited to introduce Ice Flake Finance (Layer 3), which represents the most modern and highly rewarding yield farming protocol on the Avalanche network.

Through various adaptations and customization in accordance with current market climate, your aim is to deliver a highly rewarding yield farming experience for all of your community, as we continue to strive to become one of the leading DeFi protocols on Avalanche. Following detailed deliberation, the Tokenomics of Ice Flake Finance has been carefully curated to deliver a resilient and sustainable yield farm, one that would inevitably benefit your beloved community.

Flake Finance Storage Key Points

Coin BasicInformation
Coin NameFlake Finance
Short NameFLAKE
Circulating Supply600.00 FLAKE
Total Supply50,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Withdrawal Fees

For the native Farms on Flake Finance, there will be no withdrawal fees charged. This is designed to increase the attractiveness of $FLAKE, particularly through high yields and zero fees. However, they will be introducing a 4% withdrawal fee on non-natives (as opposed to the typical deposit fee), which will enable investors to earn more rewards on their initial capital since their staked amounts are not immediately reduced. A summary is detailed below.

Stake $FLAKE to earn other tokens

Token holders will be provided with the opportunity to stake their $FLAKE to earn rewards in your Vaults. These rewards will be paid out in accordance with their respective pools, as compared to being paid out in $FLAKE. If a user stakes $FLAKE in the USDC Vault, this user will earn $USDC as rewards. There will be no withdrawal fees on Ice Flake Vaults.

Safety and Security Overview

The same codes were also used in your Layer 2, Ice Cubes Finance and they will be using the same audited codes for your Layer 3, Ice Flake Finance. Using the same codes which have previously proven to be safe and secure will help provide a greater piece of mind to all investors in Ice Flake Finance. A market provides liquidity, so you can trade financial risk with other users at the current market price.

To add to this, they will be completing a review with Rug Doc along with KYC for greater investor assurances. Rest assured, they have done your very best and will continue to prioritize safety to keep your contracts secure and your funds safe!

Ensuring Safe and Secure Deposits

Flake Finance top priority at Ice Flake is and always will be investor safety and confidence. They aim to achieve this by providing a well curated project that is safe for all of your community to stake and earn, whilst your deposits remain safe and secure. Your contracts and codes have undergone rigorous testing. This has been done in an attempt to further enhance the likelihood of a 100% bug-free yield farm.

Flake Finance Master Chef contract has also been modified to remove the infamous migration code, guaranteeing that there is zero chance of a rug pull happening. The same codes were also used in your Layer 2, Ice Cubes Finance and they will be using the same audited codes for your Layer 3, Ice Flake Finance. Rest assured, they have done your very best and will continue to prioritize safety to keep your contracts secure and your funds safe.