Too Long; Didn't Read
Flexible Leverage Index products are ERC-20 tokens created by the Index Coop to give double (2x) exposure to Bitcoin, ETH, Matic and other popular crypto tokens. These products are appealing because they allow investors to gain exposure to leveraged returns while reducing the risk and complexity associated with leveraged trading. FLI tokens are designed to protect the user from the risk of liquidation during a large price correction. The return on a FLI token should track the 2x target during steady upward price movement with reasonable accuracy.