Trade FLUX with Leverage

Flux (FLUX) is a decentralized cloud infrastructure provider designed to enable the development, management, and deployment of decentralized applications (dApps) across multiple servers and blockchains. As an alternative to traditional cloud providers like Amazon Web Services (AWS), Flux offers a blockchain-based, decentralized ecosystem that allows developers to create and host applications with high availability and no single point of failure.

Flux leverages a Proof-of-Work (PoW) consensus mechanism combined with a network of decentralized nodes known as FluxNodes. FluxNodes provide computational power to the network and are rewarded in FLUX tokens. To run a FluxNode, users must stake a specific amount of FLUX as collateral: 1,000 FLUX for Cumulus, 12,500 FLUX for Nimbus, and 40,000 FLUX for Stratus nodes. Additionally, the platform introduced Titan nodes, which are enterprise-level nodes that require only 50 FLUX for participation and are designed to provide more accessible staking options for users without requiring technical knowledge​.

Flux also features parallel assets, which are essentially tokenized representations of FLUX on various blockchains, providing interoperability and cross-chain functionality. These assets can be used for cross-chain transactions and arbitrage trading, allowing for the efficient use of FLUX across different blockchain networks. Flux supports the decentralized governance of its network through its DAO, called XDAO, where node operators with staked FLUX can vote on platform proposals​.

The total supply of FLUX is capped at 440 million, with the distribution as follows: 94.7% is owned by users, 2.9% by the Flux Foundation, 1.7% allocated for exchange listings and liquidity, and 0.7% to the Flux team. The token's distribution model ensures a high degree of decentralization, with a large portion allocated to the community.

Flux uses GPU mining power not only for securing the blockchain but also for real-world applications such as encoding videos, machine learning, and weather prediction. Flux aligns computational resources with valuable, practical tasks beyond traditional cryptographic mining​ through its Proof of Useful Work (PoUW), distinct from other Proof-of-Work blockchains.