Flexa Announcements
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Flexa offers the fastest, most fraud-proof payments network in the world.

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After many months of hard work, the Flexa Capacity dApp and staking contracts are now live on mainnet! Launching Flexa network collateralization is one of the biggest milestones in Flexa history. Learn how you can help collateralize the Flexa network and earn Flexacoin rewards based on the capacity you provide—all in our latest update: https://medium.com/flexa/announcing-flexa-capacity-35c62ade9522
Flexa network rewards are now live! Our latest blog post provides more detail on how the initial reward distribution of 1 billion FXC will be apportioned, and introduces a way to protect your Flexa Capacity collateral using Nexus Mutual:
📣 Flexacoin bonus token notice
Any bonus tokens received as part of the Flexacoin token sale are now unlocked and can be withdrawn directly from the bonus token vault using your original private keys. (If you participated in the private token sale, you will be emailed detailed instructions for retrieving your bonus FXC tokens within the next 24 hours).
It’s been quite the week here at NRF 2020 in New York City! Today, we’re delighted to announce a new undertaking between Flexa, Gemini, and NCR Corporation—the largest point-of-sale software vendor in the world. Learn more about how we’re enabling merchants to accept and sell cryptocurrencies more easily than ever before: https://medium.com/flexa/enabling-the-next-wave-of-mainstream-cryptocurrency-adoption-d5c613c9c3d
Today, we’re incredibly proud to be one of the 50 organizations helping launch the Celo Alliance for Prosperity, an effort to unlock the potential of digital assets across the globe. As part of the Alliance, we’re committing to help make digital assets and blockchain technologies more accessible to—and impactful for—real people all over the world. Learn more about these efforts and the other participating organizations on Celo’s blog: https://medium.com/celoorg/50-mission-aligned-organizations-join-the-celo-alliance-for-prosperity-a3b32d15bc4c
As we near the end of Q1, we wanted to share a quick update of what we’ve been working on here at Flexa. The team has recently wrapped up work on the initial release of the Wallet SDK, and our first wallet partner will be launching within the next couple of weeks. Furthermore, in response to the current global situation, we’re hard at work accelerating the development of Flexa-powered online payments so that we can directly support our merchant partners’ most pressing needs. We’re looking forward to posting a more thorough update detailing all of these plans after our SDK partner’s launch. In the meantime, all of us at Flexa thank you for your support, and we hope that you’re doing everything you can to keep you and your family safe and healthy. 💜
Channel photo updated
We’ve learned so much in the 12 months since we launched Flexa at Consensus 2019. And while we can’t gather again in person for Consensus 2020, we’re taking this opportunity to look back on the year we had, and to share more of our plans for the year ahead. Recap “One year of pure-digital payments” with us on the Flexa blog: https://medium.com/flexa/one-year-of-pure-digital-payments-814423951c35
The Compound governance token (COMP) is now supported on the Flexa network. Learn more about $COMP and the @compoundprotocol at https://compound.finance/governance/comp
Flexa is now live on DeFiPulse!

🏆 #1 in Payments
📈 #8 across all of DeFi
💰 US$64 million Total Value Locked (TVL)

A special thanks to the entire DeFiPulse team and the members of the Flexa community who helped support this integration. 💜

With the addition of Flexa, Ethereum is now the leading blockchain in every DeFiPulse category (including lending, DEXes, derivatives, assets, and now payments). We're excited to be a part of the DeFi community and to continue our work to democratize payments for everyone.

Learn more: https://defipulse.com/
Join us as we celebrate #BinanceTurns3! Tomorrow at 9:20am ET, our CEO Tyler Spalding will join a panel to discuss how crypto revolutionizes digital payments.

Register for your free ticket at http://bit.ly/BinanceTurns3
Curious about DeFi?

Friends of Flexa and industry veterans Lasse Clausen and Christopher Heymann just shared their core 1kx Capital investment thesis publicly for the first time on Bankless... 👀

We’re delighted to strengthen our partnership with Electric Coin Company and to continue bringing cryptocurrency awareness and financial literacy to underserved communities around the world. The new Crypto in Context program is exactly the kind of initiative that will help make digital currencies more impactful and accessible, and we’re proud to be working with Gemini, Messari, Binance, Digital Currency Group, LocalBitcoins.com, and LEANLAB Education on this mission: https://electriccoin.co/blog/ecc-partners-with-industry-leaders-and-community-leaders-to-launch-crypto-in-context-program/
Important updates to Flexa Capacity and Flexa network collateralization are coming soon. Join our Discord to participate in the testnet and get an early preview of all the new functionality: https://discord.gg/jhvUH98
Flexa is delighted to be one of the first digital currency companies to offer its services in Hawaii, as part of the new, experimental Digital Currency Innovation Lab: https://www.htdc.org/digital-currency-sandbox-first-cohort/
Flexacoin will be available to migrate to Amp starting on Tuesday, September 8, 2020. For more details, see the latest Amp development update: https://medium.com/amptoken/amp-development-update-2-c5cf7c556851
In advance of Amp’s release on Tuesday, September 8, please familiarize yourself with the official Amp contract address (0xfF20817765cB7f73d4bde2e66e067E58D11095C2), and beware of fraudsters who may try to convince you to accept alternative Amp tokens—which are likely worthless, and cannot be used with apps like Flexa Capacity. https://etherscan.io/token/0xff20817765cb7f73d4bde2e66e067e58d11095c2
Today we are announcing the most fundamental upgrade to Flexa-powered payments since the launch of the Flexa network itself, a new collateral token designed in partnership with ConsenSys. Amp makes Flexa faster, more efficient, more secure, and more trustworthy, and will fully replace Flexacoin as the primary collateral for the Flexa network on September 30, 2020 at 11:59 p.m. ET. Between now and September 30, Flexa will support both FXC and AMP as collateral. After that date, you will need to have migrated your Capacity stake to Amp in order to continue earning network rewards. https://medium.com/flexa/flexa-capacity-is-migrating-to-amp-636bd94e1241
A friendly reminder… Flexa Capacity is discontinuing support for Flexacoin (FXC) tomorrow. After tomorrow, you will always be able to withdraw your Flexacoin, but you will need to migrate to Amp (AMP) to continue earning rewards. Learn how to migrate to Amp in our recent blog post: https://medium.com/flexa/flexa-capacity-is-migrating-to-amp-636bd94e1241