FMP Season 2: DHT Staking is Live on Base
Discover how to participate in Flat Money’s FMP Season 2. Stake your DHT tokens on the new DHT Staking Vault on Base via Toros Finance and earn FMP rewards....
Jul 23 2024
Securing Flat Money: Sherlock Audits, Sherlock Bug Bounty Coverage, and Immunefi Bug Bounty Program
Explore how Flat Money fortifies its codebase with Sherlock audits, bug bounty coverage, and the Immunefi bug bounty program. Learn about our security measures and ongoing commitment to safety....
Jun 27 2024
Flat Money Ambassadors Program
The Flat Money Ambassadors Program is calling passionate community members to spread the mission of decentralized onchain money. Enjoy exclusive benefits and contribute to the ecosystem’s growth....
Jun 06 2024
Flat Money is Entering Phase 2: Fueling Adoption for Decentralized Onchain Money on Base
Flat Money, the decentralized delta-neutral flatcoin protocol on Base, is lifting its deposit caps for a full launch. Explore how this move promotes decentralized onchain money, enhances security, and fosters the flatcoin asset class....
Apr 17 2024
Flat Money Launches on Base: Bringing Decentralized Money to the Masses
We’re excited to announce our launch plans to bring the Flat Money protocol to life on Base. The launch will be rolled out in phases, with phase one beginning on April 15th. Last week, the Flat Money team deployed the Flat Money smart contracts on Base and began depositing the Early Depositor Vault funds into the protocol to begin earning yield. We’re ready to bring decentralized onchain money to the Base ecosystem. Welcome the Flat Money protocol to Base! We’re excited to bring Flat Money to...
Apr 16 2024
The Perpetual Futures Market: Bootstrapping Flat Money’s Perpetual Market at Launch
We’re excited to welcome Leverage Traders to the Flat Money protocol. As we prepare for launch, we want to outline how Flat Money’s rETH Perpetual Futures Market works. We'll also highlight the benefits and FMP incentives available for Leverage Traders who participate in the Perpetual Futures Market after launch. Bringing Liquidity for rETH Perpetual Futures to Base Flat Money will be the first protocol to create an onchain Perpetual Futures Market for Rocket Pool ETH (rETH) where interest is...
Mar 28 2024
The Case for UNIT: Building Better Onchain Money on Base
An overview of the fundamentals behind UNIT, Flat Money’s decentralized delta-neutral flatcoin backed by Rocket Pool ETH (rETH) and built on Base. In the first installment of our Building Better Money series, we talked about the crucial need for native onchain money and the Flat Money philosophy behind building decentralized money backed by ETH liquid staking derivatives (LSDs) and pure ETH, which we refer to as The ETH Standard. In this post, we’ll talk about UNIT—the first decentralized delt...
Mar 21 2024
The ETH Standard: A Path Toward Scalable, Decentralized Onchain Money
The Flat Money vision aims to return DeFi to its cypherpunk roots, untethering ourselves from centralization and TradFi risks to create onchain money free from offchain risks. The onchain movement is rooted in cypherpunk ideals that promote a more open internet, where applications are censorship-resistant; open source and fully auditable; and as free from centralization as possible. Decentralized finance (DeFi) is an extension of this movement, which aims to build an alternative financial sys...
Mar 13 2024
The Flat Money Points (FMP) Fair Launch and Incentives Plan
A review of the Flat Money Points allocated for incentives in the Flat Money ecosystem. At Flat Money, we’re on a mission to create censorship- and inflation-resistant onchain money that’s 100% backed by decentralized collateral and completely untethered from TradFi. Flat Money is a grassroots movement, and the earliest participants in our ecosystem should be rewarded for bolstering adoption and helping us realize our mission to return onchain money to our cypherpunk roots. FMP’s Fair Launch ...
Mar 08 2024
The Flat Money Points (FMP) Seasons Series
Announcing FMP Seasons, a series of incentives for users participating in the Flat Money ecosystem. To celebrate our upcoming launch in March, we want to share details about our Flat Money Points (FMP) Seasons. Flat Money Points will be ERC-20 tokens that are fully onchain. In the future, FMP will be converted to the protocol’s native token. FMP distribution will begin after the Flat Money launch on Base mainnet in March 2024. Over the next several months, we will distribute FMP to those who p...
Feb 27 2024
Pyth Retrospective Airdrop
Flat Money is a recipient of the Pyth Retrospective Airdrop. This PYTH allocation allows Flat Money to showcase the power of Pyth Price Feeds and our partnership with Pyth Network. We’re building Flat Money (UNIT), the first decentralized delta-neutral flatcoin backed by Rocket Pool ETH (rETH) built on Base. It’s a purely onchain, censorship-resistant currency that’s untethered from legacy finance. People can mint and hold Flat Money to preserve their purchasing power and offset volatility with...
Feb 14 2024
An Update on Our Phase 2 Testnet Competition, Base Mainnet Launch
In December, we held the first Flat Money Testnet Competition. Our community tested an early iteration of the protocol, provided valuable feedback on the protocol and user interface, and earned Flat Money Points (FMP) for their participation in the competition. The competition winners took home additional prizes for out-trading their fellow competitors as well! In late January we announced that we would be holding a second testnet competition, which we have referred to as our Phase 2 testnet co...
Feb 04 2024