What is a FlashPool
FlashPool is a part of a bundled service that consists of FlashPool and DualDefence audit. Where FlashPools guarantees rewards in case of critical findings in DualDefence audit.
DualDefense FlashPools are the first-ever security prediction markets. They function as a 30-day boosted APY DeFi staking tool that enables community-backed audits
The FlashPool consists of two parts: the APY Pool, fully funded by the Audit provider in stable coins (usually in USDC), and the Reward (Bounty) Pool, which is funded by the staked community tokens. The APY Pool ensures that community token holders receive their boosted APY, while the Reward (Bounty) Pool is used to reward security researchers who discover critical vulnerabilities.
The APY is dynamic and can reach up to 180%. It changes based on factors like pool size, the number of participants, market conditions, and demand for audits.
Rewards for FlashPools come from Real Yield. Unlike unsustainable models based on token emissions, Real Yield is derived from real revenue streams, such as auditing services of the Audit provider. This ensures that profits are based on actual earnings, making decentralized finance more sustainable, healthy, and secure. Similar to dividends from shares, Real Yield allows you to earn a portion of the genuine income generated by your staked assets in DeFi instruments like DualDefense FlashPools.
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