If I'm reading this right, the primary purpose of FLUX is to be burned to get the 10x multiplier to get more FLUX? What are the other use cases for FLUX outside of this? I understand DAM's use case as being the mechanism that produces FLUX through locking... but that mechanism assumes that FLUX has underlying value or some natural reason that people would want to use / buy it.
Right now you're basically describing a two-tier ponzi system. Is there something that I'm missing that can be clearly explained?
FLUX is currently in the DeFi ecosystem, well it's a bit like a ponzi, but DeFi allocates rewards from the supplies they have, and they'll also routinely burn, I guess it's not the same as ponzi.