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Flappy Protocol is a protocol that powers lending and borrowing applications, connecting connects lenders, borrowers and data platforms. The platform utilizes smart contracts and economic incentives to create successful ecosystems which provide access to decentralized loans for borrowers, yield for lenders and insights for data providers. It allows borrowers to lock parts of their funds in a protocol and lenders to lend money overtime on a contract that defines the terms of the loan: rate, length, and other conditions. The idea is to allow borrowers to access liquid funds instantly while leveraging the benefits of lending.
FLP token powers Flappy Protocol. 70% of the total supply will be used for given as incentives for lenders, borrowers and liquidity providers.