BLASTX Utility

Cultivating Dedication and Involvement Within the Blastex Ecosystem

The BLASTX token is the driving force of our decentralized ecosystem, offering a range of utilities that enhance its value and versatility. As a BLASTX user, you possess more than a new crypto asset with great growth potential; you gain access to a potent suite of bleeding-edge passive income generation tools built on Blast and leveraging its innovations.

Bonding Mechanism

Vesting Time The Bonding mechanism enforces a 5 to 30-day period during which BLASTX tokens are committed to a Bonding contract. This timeframe, determined at the outset, allows participants to lock their tokens.

Bonding Rewards After the Bonding period, you receive your initial Bonded funds plus an extra 5 to 30% in BLASTX. This incentivizes active participation and commitment to the ecosystem.

Utilizing Bonds in Liquidity Staking Post-Bonding, you can opt to leverage your Bonded funds further in Liquidity Staking, contributing to the token’s liquidity and stability.

The minimum Bonding amount is just 0.001 ETH.

Maturity

Once the lock-in ends, you get rewards on the ETH invested:

+30% after 30 days
+20% after 20 days
+10% after 10 days
+5% after 5 days

Liquidity Provision Mechanism

Liquidity Staking This Liquidity Staking mechanism enables you to provide liquidity for the BLASTX token using your Bonded funds, thus enhancing its market presence, including both available and future tokens based on lock-in time. You need to match your Bond with an equal ETH amount to participate in Liquidity Staking.

For example, if you have a 1 ETH Bond, you need to add another 1 ETH. This collective approach increases the pool’s size and value.

Sustainable Profit Cap Profit from Liquidity Staking is capped at 150% to maintain a solid ecosystem and discourage speculative behavior.

Daily Yield Rate The yield varies daily based on total token liquidity, individual liquidity contribution, and the duration of non-claiming or selling of the token, promoting strategic participation.

Base Yield BLASTX stakers start with a daily yield of 1%.
Hold Bonus Earn an extra 0.05% if you don’t claim or sell for 36 hours. It's capped at 2%.
Personal Bonus Get 0.1% to your daily yield for every 1 ETH you add, rewarding your liquidity contribution. It's capped at 1%.
Liquidity Bonus Adds another 0.1% to your daily yield for every 25 ETH in the Blastex liquidity pool, encouraging more liquidity. It's capped at 100%.

Let's say there's already 100 ETH in the Blastex TVL. Your Liquidity Bonus will add 1% to your daily Liquidity Staking yield. Similarly, a 250,000 ETH TVL will give you a 100% Liquidity Bonus.

Longevity & Scalability

The Bonding and Liquidity Staking mechanisms incentivize long-term engagement, contributing to the token’s stability and market liquidity, and fostering a durable economic environment.

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Last updated 10 months ago

Bonding Mechanism

Bonding Rewards After the Bonding period, you receive your initial Bonded funds plus an extra 5 to 30% in BLASTX. This incentivizes active participation and commitment to the ecosystem.

Utilizing Bonds in Liquidity Staking Post-Bonding, you can opt to leverage your Bonded funds further in Liquidity Staking, contributing to the token’s liquidity and stability.

The minimum Bonding amount is just 0.001 ETH.

Maturity

Once the lock-in ends, you get rewards on the ETH invested:

+30% after 30 days

+20% after 20 days

+10% after 10 days

+5% after 5 days

Liquidity Provision Mechanism

For example, if you have a 1 ETH Bond, you need to add another 1 ETH. This collective approach increases the pool’s size and value.

Sustainable Profit Cap Profit from Liquidity Staking is capped at 150% to maintain a solid ecosystem and discourage speculative behavior.

Base Yield BLASTX stakers start with a daily yield of 1%.

Hold Bonus Earn an extra 0.05% if you don’t claim or sell for 36 hours. It's capped at 2%.

Personal Bonus Get 0.1% to your daily yield for every 1 ETH you add, rewarding your liquidity contribution. It's capped at 1%.

Liquidity Bonus Adds another 0.1% to your daily yield for every 25 ETH in the Blastex liquidity pool, encouraging more liquidity. It's capped at 100%.

Let's say there's already 100 ETH in the Blastex TVL. Your Liquidity Bonus will add 1% to your daily Liquidity Staking yield. Similarly, a 250,000 ETH TVL will give you a 100% Liquidity Bonus.

Longevity & Scalability

The Bonding and Liquidity Staking mechanisms incentivize long-term engagement, contributing to the token’s stability and market liquidity, and fostering a durable economic environment.