Blue Protocol
BLUE#3315
$0.311
24H -0.3%7D -31.6%30D +71.8%
BLOCKINSIDERLoading| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| PancakeSwap (v2) | 0XA90298E5B1203A2DD0006A75EABE158989C406FB/0XBB4CDB9CBD36B01BD1CBAEBF2DE08D9173BC095C | $290.80 | 0.61% | TRADE |
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BLUE Protocol is a decentralized reserve currency system built on BNB Chain, forked from Olympus DAO. The protocol maintains a treasury-backed reserve currency called BLUE, where each token is backed by a diversified treasury of reserve assets including BOOK tokens, BUD stablecoin, BNB, and liquidity pool tokens.
The protocol operates through a rebasing mechanism that provides staking rewards to participants. Users who stake BLUE tokens receive sBLUE, which automatically rebases every 4 hours at a rate of 0.286% per epoch, targeting an annual percentage yield of 50,000%.
The protocol features six rebases daily, with rewards auto-compounding without requiring user action..
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