# Flooring Lab Credit (FLC)

> The $FLC token is the native currency that powers the Flooring Protocol ecosystem. It unlocks and fuels customized platform utilities for all users.

Enabling Safeboxes
By staking $FLC in their Flooring Account, users can create personalized Safeboxes to reserve NFTs for custom time periods. Higher $FLC stakes allow longer max durations and greater benefits.
Unlocking VIP Perks
Staking $FLC also determines a user's VIP status tier. Higher tiers unlock exclusive perks tailored to strategies from swift cash-outs to long-term stability and collector retention.

Incentivizing Liquidity Providers
The protocol rewards liquidity providers who add to $FLC and μToken exchange pools with $FLC mining rewards proportional to their share of the pool. These incentives robust liquidity vital for ecosystem growth.
Managing the Treasury Reserve
The protocol treasury accumulates a portion of all $FLC expenditures like fees and bids. These reserves help fund ongoing development, provide collateral, and maintain $FLC value stability. 

The treasury may also provide Eco-system contributor grants to worthy contributors and projects.
Maintaining Protocol Stability
Random Vault redemptions normally have no fees. But if reserves dip too low, a redemption fees in $FLC applies. This disincentivizes excessive withdrawals during periods of volatility.

In summary, $FLC constructs Flooring Protocol's economic framework by incentivizing beneficial platform interactions. This enables a dynamic, utility-driven marketplace.

## Price Data

- **Current Price**: $0.000009087
- **Market Cap**: $19.20K
- **Fully Diluted Valuation**: $227.17K
- **Circulating Supply**: 2.11B FLC
- **Total Supply**: 25.00B FLC

## Price Changes

- **24h**: -0.01%
- **30d**: +0.28%
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://flooring.io)
- [Discord](https://discord.gg/flooringlab)
- [Coingecko](https://www.coingecko.com/en/coins/flooring-lab-credit)
- [Dex.guru](https://dex.guru/token/eth/0x102c776ddb30c754ded4fdcc77a19230a60d4e4f)

## Links

- [View on Zerion](https://app.zerion.io/tokens/FLC-0x102c776ddb30c754ded4fdcc77a19230a60d4e4f)
- [Trade on Zerion](https://app.zerion.io/tokens/FLC-0x102c776ddb30c754ded4fdcc77a19230a60d4e4f)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset