Flur Experience Points (FXP)

This page will guide you through everything you need to know about FXP, an innovative token that uses Trade to Mint technology to distribute rewards through completed trades on Flur or via the Flur smart contract.

What is FXP?

Flur Experience Points (FXP) is a unique token designed to incentivize trading activity. FXP stands out from traditional tokens by using a Trade to Mint mechanism. This means that tokens are only minted (released) as a reward when a trade is fully completed. The process is simple: you must create an order on Flur or via the FXPCat20Buy or FXPCat20Sell smart contracts and complete the trade. Upon completion, the maker of the order is awareded a claim that can be redeemed for FXP.

Key Features of FXP

1. Trade to Mint Technology

The core feature of FXP is its Trade to Mint design:

• Only way to mint FXP: A mint is unlocked only after a full trade is completed on Flur or via the Flur smart contract.
• Open order book trades: The trade must be a fully executed order (no partial orders).
• Claimable Mint: Once a trade is complete, a mint is available for the order maker to claim. Only the order maker can claim the mint.

2. Mint Reward Distribution

• Upon the completion of a trade, the order maker is rewarded with a claim that can be redeemed for FXP.

3. Randomized Minting System

The number of tokens released per mint is randomly determined by the blockchain’s output hash, and can vary widely:

• Random Mint Reward: Each mint releases a random number of FXP, anywhere from 1 to 128 tokens.
• Jackpot Mint Reward: There is a special jackpot mint of 420 tokens if the output hash hits number 69 during the minting process.

4. Full Orders Only

• No rewards for partial fills: Only full buy or sell orders trigger a mint. If an order is partially filled, no mint will be unlocked until the entire order is completed.

Token Details

Here’s a quick summary of the key details for Flur Experience Points (FXP):