FLURRY is the governance token of the Flurry protocol, available on swaps and exchanges.
By holding FLURRY, you can vote on various parameters in determining the development of Flurry protocol such as fee percentages, whitelisting or blacklisting yield farming DeFi protocols, or even proposing new strategies in the yield farming process. It is like stocks, except it is in token form on the decentralized network.
rhoToken is a cross-chain token which it pegged 1:1 to its underlying stablecoin. rhoUSDC is pegged to USDC.
The Flurry protocol automates the yield farming process with rhoTokens, sparing users all the tedious task of switching in and out of DeFi products on different chains to generate yield with your deposit.
In return, you will get rhotokens (rhoUSDT, rhoUSDC and rhoBUSD) which you can hodl, trade and spend as a medium of exchange while earning an interest automatically.
Timeline
Further Resources
FLURRY Finance and Kyber Network Set To Optimize Yield Farming
CoinQuora
Web
August 31, 2021
Flurry Finance deploys on Polygon after hitting $3 million TVL in just a month of launch
Cointelegraph
Web
November 26, 2021
rhoToken Successfully Launched on Flurry Finance DApp - Sponsored Bitcoin News
Web
October 11, 2021