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  • 🩵Single stake bLIT to Earn USDC Rewards
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Single stake bLIT to Earn USDC Rewards

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Last updated 10 months ago

Single Staking $bLIT

  1. Introduction

    • Brief overview of single staking $bLIT.

  2. Staking Options

    • Staking durations: 7 days, 15 days, 30 days.

    • Longer durations offer better APY.

  3. Token Minting and Burning

    • Mint $bLIT using USDC.

    • $bLIT burned upon selling.

  4. Reward Mechanism

    • USDC rewards will be sourced from various streams, including taxes (5%), volume fees, minting, and v3 Rehypothecation

    • Distributing rewards in ETH offers several advantages, including liquidity, interoperability, and broader utility within the cryptocurrency ecosystem.

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