Hexagon Finance is a one-stop decentralized trading and investment platform incubated by Terra on Avalanche. Hexagon Finance is officially endorsed fork by Balancer.
$FLAKE's utility is similar to $BAL. First, $FLAKE holders can choose to stake their $FLAKE to get $veFLAKE. $veFLAKE holders will earn yields from protocol fees. Next, $veFLAKE can be designated to the mining pools for boosted mining rewards. Lastly, the $FLAKE holders have rights of governance.