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The $FLC token is the native currency that powers the Floor Protocol ecosystem. It unlocks and fuels customized platform utilities for all users.

Enabling Safeboxes
By staking $FLC in their Floor Account, users can create personalized Safeboxes to reserve NFTs for custom time periods. Higher $FLC stakes allow longer max durations and greater benefits.
Unlocking VIP Perks
Staking $FLC also determines a user's VIP status tier. Higher tiers unlock exclusive perks tailored to strategies from swift cash-outs to long-term stability and collector retention.

Incentivizing Liquidity Providers
The protocol rewards liquidity providers who add to $FLC and μToken exchange pools with $FLC mining rewards proportional to their share of the pool. These incentives robust liquidity vital for ecosystem growth.


Managing the Treasury Reserve
The protocol treasury accumulates a portion of all $FLC expenditures like fees and bids. These reserves help fund ongoing development, provide collateral, and maintain $FLC value stability. 

The treasury may also provide Eco-system contributor grants to worthy contributors and projects.

Maintaining Protocol Stability
Random Vault redemptions normally have no fees. But if reserves dip too low, a redemption fees in $FLC applies. This disincentivizes excessive withdrawals during periods of volatility.

In summary, $FLC constructs Floor Protocol's economic framework by incentivizing beneficial platform interactions. This enables a dynamic, utility-driven marketplace.

Floor Protocol

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FLC	USD
0.1	0.00030994524
1	0.00309945246
2	0.00619890492
5	0.01549726231
10	0.03099452462
20	0.06198904924
50	0.15497262311
100	0.30994524623
1000	3.10

USD	FLC
0.1	32.26
1	322.64
2	645.28
5	1,613.19
10	3,226.38
20	6,452.75
50	16,131.88
100	32,263.76
1000	322,637.63

Floor Protocol Converter

FLC to USD Price Chart

Price Performance

Price Performance

FLC to USD Conversion Table

Popular Conversions