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BLT (Bullets) Token
BLT Token is the native governance and utility token of the Bullets.finance decentralized exchange (DEX) on the zkSync layer-2 network. It serves as the fuel of the platform and enables holders to participate in various governance activities, including proposing and voting on changes to the protocol, as well as receiving a share of the trading fees generated by the platform.
Additionally, BLT Token also serves as a liquidity provider reward and is used to incentivize liquidity providers on the platform. Holders of BLT Token can earn additional tokens through yield farming, staking, and participating in liquidity pools.
The BLT Token has a maximum supply of 10 million tokens, with a portion of the initial supply distributed through a community airdrop and the remaining supply allocated for liquidity mining and future development.
- 1.Liquidity Provision: Users can provide liquidity to BLT trading pairs on the platform and earn a share of the trading fees generated by the platform. This incentivizes liquidity providers to contribute to the growth of the platform.
- 2.Trading: BLT can be used to pay for trading fees on the Bulletswap Finance platform. This provides a convenient and cost-effective way for users to trade cryptocurrencies.
- 3.Governance: BLT holders have the right to vote on proposals related to the future development of the platform. This ensures that the platform evolves according to the community's wishes and needs.