Blue Protocol
BLUE

2.880
$
9.04 %
Change 24h
Market Cap
$ 415,019
Volume 24h
$ 8619.8
Circulating Supply
144,290
Total Supply
93,945
BLUE
$
# Exchange Pair Price Volume 24h

Description

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.