Roermond, The Netherlands--(Newsfile Corp. - February 14, 2022) - Reflex Finance has recorded tremendous growth just a few days after its launch. According to the President and CEO of Reflex Finance Myles Tweedy, in the first 48 hours, 4,000 holders and 1 million dollars in BUSD had been paid out already.
"The people are what make this project so special. The team is fantastic. We have an amalgamation of developers from all over the DeFi space, with talent that has already proven themselves."
Disrupting the Crypto Industry
Tweedy mentioned that the primary focus of the Reflex project is to disrupt and revolutionise the industry for the benefit of the general crypto community.
Reflex's launchpad aims to launch projects safely, fairly, and more hassle-free than the current competition. Reflex insures against rug pulls and scams.
Tweedy mentioned that crypto has to solve a problem or serve a purpose, and they will do both. Reflex will burn bad actors, and they will not allow people to be hurt any longer. "People are taken advantage of everyday, and it's time to change that," says Myles. The project also has proper customer support for faster contact with the users.
Earning Passive Income on Reflex
Staking rewards in the native token are available to members of the Reflex community who stake their $REFLEX tokens on the staking dapp. The Reflex Finance staking mechanism is unique in that stakers can get BUSD in addition to $REFLEX when they unstake.
If investors unstake the whole money and lose stake incentives, they will be penalized 10%. Reflex will lock in the investor's stake's APR. As a result, the holder, locked in at the current APR, will be unaffected regardless of whether the project develops or shrinks. The staking term extends from 7 to 180 days, with APRs ranging from 5% to 40%.
What the Future Holds For Reflex Finance
According to the Reflex CEO, the future is Reflex. The project has already announced the Legion Launchpad, a game-changer in the DeFi space...
Original Source of the original story >> Reflex Finance Poised to Moon, Breakout Crypto of 2022