FLY: @flyfndn Most people think of BNB as just gas, trading collateral, or liquidity for pairs But #BNB is actually one of the largest assets in crypto, with billions of dollars sitting on chain doing nothing while people trade. A huge amount of that lives in WBNB liquidity and wallets earning zero. What makes this interesting is that #BNB is also one of the few assets with a long track record of real yield. Through validator rewards and Binance Launchpools, BNB has been giving over 10%+ APY for years. The problem is simple: To earn that yield, you have to lock your BNB, and once locked, it stops being usable. So users are forced into a tradeoff: - Keep BNB liquid for trading and liquidity, earn nothing - Lock BNB for yield, lose usability FLY is built to remove this tradeoff with FLYBNB, a yield native representation of BNB that stays: - Fully liquid - 1:1 pegged to BNB - Usable in existing BNB trading terminals, bots, launchpads, etc User experience doesn't change, as yield generation happens in the background. And #BNB has real yield from real revenue (binance): - Validator and liquid staking yield - Binance Launchpools - Trading and liquidity fees generated inside the FLY ecosystem The same sources used by @Aster_DEX and @lista_dao, currently generating around 12% APY. How it works: FLYBNB behaves like BNB, but earns yield in the background. Users can: - Hold BNB like value in wallets - Trade across any existing BNB pair - Provide liquidity across DEXs - Earn yield in all states, even while idle. On top of this base asset, FLY ships with two adoption drivers: http://Flypad.app and http://Flybnb.trade These products show how FLYBNB can work in real usage & generate fees that flow back into FLY >http://Flypad.app is a launchpad for tokens using FLYBNB liquidity >http://Flybnb.trade is a trading terminal where users trade using FLYBNB The trading experience stays the same, but idle capital earns yield This creates a flywheel: Users hold and use FLYBNB > yield and fees are generated > value flows back into the system > liquidity deepens > adoption grows > more usage and more yield. Value accrual to FLY: - On Flypad, 60% of fees are used to buy back and burn FLY - 50% of protocol yield generated by FLYBNB liquidity is used for FLY buybacks TLDR: FLY introduces a yield-native base asset on BNB Chain. FLYBNB lets BNB stay usable for wallets, trading, and liquidity, while earning yield in the background. It uses a similar model to what Ethena does with ENA and USDe, but applied to BNB, one of the biggest assets.(Aeon)