Smart Contracts

Smart contracts are at the heart of Flux, enabling trustless and automated trading, liquidity provision, and reward distribution.

• Core Functions: Smart contracts will handle the execution of trades, management of liquidity pools, and implementation of fixed and floating exchange rates. They will also govern the P2P interactions and any other programmable actions on Flux.

• Security Measures: Security is paramount for smart contract operations. Flux will implement best practices for sensitive operations and circuit breakers for emergency pauses if needed. The code will follow established patterns to prevent common vulnerabilities like reentrancy attacks.

• Audit Plans: Before deployment, all smart contracts will undergo rigorous security audits by established third-party firms. Continuous monitoring for smart contracts will also be in place to ensure ongoing security.