Flash Token ($FLASH) is an Ethereum token that enables interacting with the Flash Protocol. It was audited by Solidified and created by Blockzero Labs The Flash Token does not have a fixed supply. $FLASH is minted on every stake and it’s burned on every unstake (only if the staking period has not been elapsed). The process of minting can only be achieved using the Flash Protocol. The inflation rate of the token is corelated to the usage of Flash protocol, the FPY (Flash Percentage Yield) and the matching ratio. Flashstaking is the concept of locking money today and earning money from the future. With Flash, users receive instant upfront yield on stakes. Flash uses Proof-of-Time, meaning $FLASH is generated and rewarded to users who provide time to the protocol. Proof-of-Time (PoT) is a consensus algorithm based on DPoS, where the value of time is supposed to be protected and validated, and it is also the main treasure and wealth.
