BLUE

Blue Protocol

BNB ChainDeFi

Price
$0.008367
24h
+0.9%
7d
−13.3%
Market cap
$16.4K
24h volume
$0

binance-smart-chain 0xa90298e5b1203a2dd0006a75eabe158989c406fb

Report

Blue Protocol (BLUE) is a DeFi token on BNB Chain. 2M are in circulation, with no maximum. It ranks 10263rd by market capitalisation among the coins tracked here. The project publishes its website, explorer, X and telegram.

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.

Blue Protocol's own description, via CoinGecko. We did not write it and we are not endorsing it.
Circulating
2.0M
Total supply
2.0M
Max supply
No cap

Supply as of 21h ago