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, which it can do while making their investors a lot of money with passive income. 

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 every day, 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. It's practically the same as having an interest-bearing savings account.

If you unstake the whole money and lose stake incentives, you will be penalized 10%. Reflex will lock in your 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 for upcoming projects. For every project that chooses to embark on the Reflex platform, and for every investor who invests in those projects, the future is bright.

As the CEO puts it, Reflex is looking forward to working with so many upcoming teams and future DeFi leaders in their own right. He also firmly believes that steel sharpens steel. With his team working alongside these new projects day in and day out, the standard operating procedure becomes a product with near-perfect quality.

Reflex has many things lined up to create volume in its ecosystem. By Q4 2022, Tweedy believes that Reflex Finance will be one of the world's top globally recognized crypto projects. "We're going to take over completely, and our competitors should be worried about us."

According to the roadmap, the marketing campaign has only recently begun. We anticipate an NFT marketplace, a $REFLEX staking pool, and dApp connectivity this first quarter. For the second quarter, there will be NFT giveaways, play-to-earn game launches, and DEX listings, among others.

About Reflex Finance

Reflex Finance is a liquidity generating protocol with staking opportunities. Users can buy and hold $REFLEX then earn $BUSD. The project also includes an anti-whale mechanism to safeguard smaller investors. Reflex Finance creates value and engagement through multiple utilities released throughout 2022.

Website: https://reflexfinance.net/ 

Telegram: https://t.me/reflexfinanceOfficial 

Twitter: https://twitter.com/Reflex_Finance 

Instagram: https://www.instagram.com/reflexfinanceofficial/ 

YouTube: https://m.youtube.com/channel/UCIcGozPp0vTrLbtc83AgzFg 

Discord: https://discord.gg/reflexfinance 

Reddit: https://www.reddit.com/r/ReflexFinance/

Just 10 hours after the launch, the project already had 2,696 holders, $806,278 paid out in BUSD, and a $22M MCap. At the moment, there are over 4,000 holders and $1M already paid out in BUSD. In addition to exciting news, the project is bringing a secret utility in Q4.

The financial platform is creating a solid and infinite growing community. With its innovative and experienced team, Reflex Finance offers the crypto community a stable way of earning passive income. The project aims to disrupt and revolutionise the industry to benefit the crypto community ultimately.

Legion Launchpad at Work!

Recently, a Reflex Finance-backed project dubbed the Legion Launchpad will go live in the first quarter of 2022.  The launchpad aims to create a 100% secure token launching platform that is rug-proof on their network. According to Reflex's team, the launchpad was made by the people for the people. In addition, the team suggested that Reflex does not have long waiting periods or ignores new projects like PinkSale.  

By merging an all-in-one dex and launching platform, your buying power will be quicker and more precise on locking in costs and benefiting the community. The accelerated buyback and burn also helps the project to run fast. Notably, on Feb 2, the projects were listed on CMC and CG .

Staking to Earn on Reflex

Members of the Reflex community can stake their $REFLEX tokens on the staking dapp to obtain staking incentives in the native token. The Reflex Finance staking scheme is unusual in that, in addition to collecting $Reflex, stakers can also receive BUSD when they unstake. It's essentially the same as having a savings account with interest.

There is a 10% penalty if you unstake the total funds and lose stake incentives. Reflex will lock the APR of your stake. As a result, whether the project grows or decreases, the holder, who is locked in at the existing APR, will be unaffected. The staking period ranges from 7 days to 180 days with 5% to 40% APR ranges.

Tokenomics 

The total supply of $REFLEX is at one quadrillion. The ongoing presale will utilize 32% of the tokens and close on February 12, 2022, at 16:15 UTC. The presale rate is 1 BNB (400,000,000,000 Reflex tokens). The minimum purchase will be 0.1 $BNB, while the maximum will be 5 $BNB.

Note that the smart contract will distribute 8% of the total volume to all token holders. As a deflationary token, 1% of the tokens will be repurchased and burnt over time. Similarly, 34.1 % of the total token supply was burned before the presale. 

Reflex has set the locked liquidity for 14.9%. The individuals of the private sale are contractually obligated to hold $REFLEX for six months after launch. Meanwhile, the project reserves 3% of the tokens for future hires. Future hires will grow as the platform unlocks new features and brings in more use cases. 

The private sale will account for 14% of all the tokens. 2% of the total supply represents the team tokens, and the project will never sell these coins. The project will only pay the team in $BUSD reflections.

Roadmap Details

The first quarter of 2022, according to the roadmap, has already had a PinkSale presale, KYC, and Interfi audit. There has already been a Pancakeswap listing, CMC, and CG listing, all within a day of its launch. Meanwhile, its marketing campaign has just set off. In addition, we expect to see an NFT marketplace, $REFLEX staking pool, and dApp integration.

In the second quarter of 2022, there will be an NFT giveaway, team expansion, and a play-to-earn game launch. There will also be the wallet app launch, DEX listings, and voting.

In Q3 of 2022, Reflex Finance will give a sneak peek of the secret utility that they believe will disrupt the crypto space for the better. There will also be more exchange listings and $REFLEX merchandise. 

Towards the end of the year, in Q4, there will be a $REFLEX exchange, team expansion, and Reflex influencer marketplace.

About Reflex Finance

Reflex Finance is a cutting-edge liquidity generation and staking platform that allows you to earn consistent passive income. The project included an anti-whale mechanism to safeguard smaller investors. According to the team, the project aims to develop different income streams and new possibilities for the community.

Website: https://reflexfinance.net/ 

Telegram: https://t.me/reflexfinanceOfficial 

Twitter: https://twitter.com/Reflex_Finance 

Instagram: https://www.instagram.com/reflexfinanceofficial/ 

YouTube: https://m.youtube.com/channel/UCIcGozPp0vTrLbtc83AgzFg 

Discord: https://discord.gg/reflexfinance 

Reddit: https://www.reddit.com/r/ReflexFinance/

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