Reflexer Ungovernance Token (FLX)

What purpose does the FLX token serve?

1 | Backstop mechanism: FLX stakers are the first line of defense in case the RAI protocol goes underwater. The second line involves debt auctions that mint new FLX and auction it in exchange for RAI.

2 | Ungovernance: For RAI to scale, human control over the system must be progressively minimized through governance reduction. Once this process is complete, FLX holders will be able to remove control from any remaining components in RAI.

3 | Money God League airdrop: FLX holders will often receive token airdrops from friendly fork projects.