$BLU

Utility and governance token

Tokenomics BLU is the platform's utility and governance token, holding the token unlocks a variety of benefits. Token Information

The BLU token address is 0x1542bA4CA0fb6D1B4476a933B292002fd1959A52 $BLU will have it's initial 5% token presale on Bored Candy CIty's launchpad. Expect the presale to happen in mid May. Once the presale is live you will be able to see it here https://candycity.finance/launchpad?chainId=25. Immediately after the presale we will deploy and lock on the Bored Candy City dex our liquidity with an additional 5% of the supply.

Staked BLU receives three types of rewards: Escrowed BLU Multiplier Points CRO Rewards

30% of fees generated from swaps and leverage trading are converted to CRO and distributed to staked BLU tokens. If you are staking on CRO you would receive CRO. Note that the fees distributed are based on the number after deducting and the network costs of , keeper costs are usually around 1% of the total fees.

To stake your BLU tokens visit this page: https://www.bluespade.xyz/#/earn ​

​​ Supply

The supply of BLU can be viewed on https://www.bluespade.xyz/#/dashboard The increase in circulating supply will vary depending on the number of tokens that get vested, and the number of tokens used for marketing / partnerships. The forecasted max supply is 20 million BLU tokens. Minting beyond the max supply of 20 million is controlled by a 28 day timelock. This option will only be used if more products are launched and liquidity mining is required, a governance vote will be conducted before any changes. 1 million BLU (5%) will go into presale contract. 1 million BLU (5%) will be allocated into liquidity pool on VVS and/or MMF 4 million BLU (20%) will be allocated to team and operations wallet. 4 million BLU (20%) reserved for vesting from rewards. 4 million BLU (20%) allocated for current and future partnership programs 4 million BLU (20%) reserved for marketing and community developers 2 million BLU (10%) allocated for contract migrations and cross chain expansion incentives

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