Revenue

Apart from the fees generated through swaps and buying/selling FLP, the FLP price continuously increases due to the players' losses.

The FLP index is the counterparty to every bet on the platforms built on top of the Fenix Protocol. It pays the wins and receives the losses.

The games connected to the FLP has a mathematical edge, which makes the FLP pool grow over time as the volume transacted through the game smart contracts increase. The revenue generated by the losses is added to the composition of native assets while not minting new FLP. The quantity of assets in the composition grows while the FLP supply stays the same. This increases the USD value of FLP steadily.

Mathematically speaking, the FLP index will be absorbing at least 2% of all the volume generated by the platforms built on top of the FNX Protocol as revenue.

For example, the testnet of NewFenix could potentially amass 136,000 ETH volume in the first few days. This resulted in a revenue of 4,526 ETH, roughly %3.3 of the total volume.