Description
The only collateral accepted at Flux is OUSG, a tokenized US Treasury from Ondo Finance. OUSG currently invests largely in the tokenized BlackRock USD Institutional Digital Liquidity Fund (BUIDL), with the remainder in BlackRock's FedFund (TFDXX), bank deposits, and stablecoins. Flux is a fork of Compound v2, which has been around since 2019 and audited by industry leaders. Changes to the Compound open source codebase relate only to permissioning and have been audited bycode4rena code4rena.