Few understand that they're getting a low-risk share in a very profitable casino by staking BZRX. There's no slashing and you get a share of the fees the protocol generates. It's one of the most generous yield-bearing assets in Crypto.
1. Platform relaunch 2. Staking 3. Liquidity mining incentives 4. Yield farming 5. Two big announcements (top 3 defi integration & investment and partnerships with big name backers) 6. Big exchange listings 7. All other DeFi projects have pumped and investors are looking for the next big DeFi project to invest in and BZRX is it 8. Undervalued compared to the other top DeFi projects 9. BZRX was the #1 DeFi project and had more TVL than COMP 10. The platform was so good that Aave (LEND) copied their platform and tokenomics 11. Had the first decentralized margin trading transaction in blockchain history 12. Literally invented DeFi -Short term target price $3. At $3 it will have a similar marketcap of the other top defi projects at 400m.
Is 5,000 enough to make it? I really like this coin and rewards seem solid
Christopher Hall
What about the supply though? Only like 140m from a total of 1b is in circulation. When will the other 80%+ of the supply enter the market?
Adam Howard
Make it stack is 10,000 but that’s still pretty comfy
John Hughes
The rest of the supply will release an 1/8 at a time every 6 months for 4 years after platform relaunch.
Elijah Cook
There is an initial 6 month cliff then distribute over a 42 month period for vested tokens. We can make an assumption the team wont dump their share of the tokens, they would be more profitable staking them long term. Pic related is the way in which tokens will be used, ignore the staking column. The builder fund and ecosystem fund will not be stakable and do not get fee sharing rewards.
So, while there is 1b tokens, only ~600m will be able to stake.
Christian Brooks
10k stack is suicide stack, 50k is make it stack, 100k is fuck you money
William Rivera
Not only is it more profitable to stake long term, but half of the profits from staking go into the insurance fund, directly backing the token and thus increasing its value.
Henry Howard
comfy as fuck.
Liam Ward
op copy and pasted my post. it's all a lie. i just wanted a quick 2x flip and i got it. there is no exchange listings, etc.
Oliver Ramirez
Major exchange listings to be announced after staking is active. Buy in and stay tuned or fomo in later after the news is days old.
Parker Lopez
i raed on here a while ago that in an interview Kyle tongue in cheek mentioned that it would be released by midnight Hawaii time on the 31st -- is that true/ are there concerns that they wont actually release this month?
Ryan Barnes
There is no exact release date, its going to be in August. At the very latest it'd be on the 31st
>Major exchange listings to be announced after staking is activ liar. team said they arent seeking exchange listings.
Lincoln Nguyen
The token has voting power, and can get a % of the fee rewards through staking. So not only is it a passive revenue stream, staking will create scarcity driving up the token price Check out the staking calculator bzx.network/calc
Voting power for governance, and a claim to the fee rewards, you can delegate your tokens to elect 1 of 3 representatives. The 3 highest voted for become the voting power for the legistlative branch. The executive power is held by 2 core team leads, and the judicial is the smart contract. more detailed information here bzx.network/blog/bzrx-token
Ok I read it it, but why would people buy it, and thus we accumulate staking rewards from fees, if it doesn't do anything?
If it's not planned to be listed on exchanges, then the fees accumulated would be pretty low due to lack of exposure, right? So with that, and the fact the token itself has no value as it has nothing special about it, why would people buy it, and thus we get rewards?
Joshua Wright
Why is this piece of shit not doing anything? You guys said it would moon in August
Dominic Ward
I want to get in but the gas fee is so ridiculous
James Bailey
Are you dumb or is this bait?
You can do the same shit with BZRX that you can do with LINK, COMP, or whatever your favorite shit coin is. Stake it, receive fees. Most coins don't even let you do that.
Exchange listings don't affect the volume on the bzrx platform itself and therefore have no influence on fees. Come on dude
Nicholas King
Ok but link actually has a purpose, meme or not. Why would people buy BZRX over any other shitcoin? For staking rewards? So it's just an infinite feedback loop of people buying for staking rewards, then people already staking get rewarded, and then new people buy and the original person who bought then gets staking rewards?
Colton Martin
The incentive for owning the coin is to own a percent of the fees accumulated from bzx team's products and to promote someone for governance. When this goes live, if people choose to sell, they lose the right to the income stream. There is an incentive to hold, taking out tokens of the circulating supply. You got to be atleast 18 to post here buddy.
