ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us
Best Crypto Blog Website
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
Advertisement
No Result
View All Result
Wootfi Media
No Result
View All Result
ADVERTISEMENT
Home COINS

Bluejay Finance (BLU) Coin Complete Detailed Review

Denny Bitsong by Denny Bitsong
07/05/2023
Bluejay Finance (BLU) Coin Complete Detailed Review
Share on FacebookShare on Twitter

About Bluejay Finance (BLU)

Bluejay Finance (BLU) is a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies. Every stablecoin issued is backed by protocol-owned liquidity. https://docs.bluejay.The introduction of USD stablecoins has allowed individuals and businesses to not only pay and receive payments but also to gain access to a wide variety of financial services like money exchanges (ie Uniswap), investments (ie Synthetix), asset management (ie Yearn), etc. This has helped reduce inequality by democratizing access to financial services, even for the underbanked population (ie Nigerians using DAI).

Coin BasicInformation
Coin NameBluejay Finance
Short Name(BLU)
Circulating Supply44,445.00 BLU
Total SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

BLU Price Live Data

The live Bluejay Finance price today is $2.69 USD with a 24-hour trading volume of not available. We update our BLU to USD price in real-time. Bluejay Finance has no change in the last 24 hours. The current CoinMarketCap ranking is #8953, with a live market cap of not available. The circulating supply is not available and the max. supply is not available. Bluejay Finance is a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies. Every stablecoin issued is backed by protocol-owned liquidity. To learn more about the project, head over to docs.

Bringing inclusion and prosperity within Asia

The mission is to bring financial access to those who need it the most by replacing traditional financial infrastructure with faster, better, and cheaper stablecoin rails.

Staking

Staking allows users to lock up their BLU tokens, in exchange for the staked BLU (sBLU), to earn rewards. The rewards come from proceeds of bond sales and liquidity provider fees. The staking reward is accrued and compounded every second to encourage and reward long-term stakers.

Bonding

Bonding is a process to allow Bluejay to acquire its own liquidity and reserve assets (ie DAI) and bring stablecoins to the peg by selling BLU at a discount. There are two main types of bonds on Bluejay, treasury bonds, and stabilizing bonds. For both types of bonds, the user gets discounted BLU after a fixed vesting period. The only difference is that treasury bonds raise assets for the treasury directly while stabilizing bonds help to peg issued stablecoins to their prices.

Stablecoin

Each stablecoin created by the protocol is backed by liquidity directly. This allows the protocol to be highly capital-efficient compared to models using overcollateralization only. The DAO will determine which stablecoins will be provided and maintained by the protocol as well as how much liquidity to allocate to the different stablecoins by adding or removing liquidity across different pools.

Governance

Supplying different types of stablecoins is one of the core revenue generators for the protocol. As such, the selection of different parameters governing the stablecoins affects the profitability of the DAO directly. These are some of the parameters that can be adjusted by the DAO:

Features :

Transparency

NUGEN yearns to provide the utmost financial freedom to users by standing as an open-source and transparent platform.

Trust

Being a project developed on the robust Binance Smart Chain network, NUGEN ensures the highest degree of trust for all the users on the platform.

Community

For the Community, By the Community. NUGEN is a community-focused platform where our members can directly vote to provide their opinions.

Longevity

NUGEN strives to provide real value to the holders and makes sure that all the assets in the platform will benefit them in the long run.

Where Can You Buy Bluejay Finance (BLU) ?

$SCH is available for trading on a growing number of exchanges: Binance Smart Chain Polygon

Bluejay Finance (BLU)

Faq Of Bluejay Finance (BLU)

Where I Can Find Bluejay Finance (BLU) Coin Whitepaper ?

You Can Find Bluejay Finance (BLU) By Clicking Here

Where I Can Buy/Sell Bluejay Finance (BLU)

You Can Buy Or Sell NUGEN COIN (NUGEN) On Some Popular Exchange For Example – Binance , Coinbase , Huobi Etc .

What Is Total Supply Of Bluejay Finance (BLU)?

Total Supply Of Bluejay Finance (BLU)) Is 1,000,000,000

Tags: Bluejay FinanceBluejay Finance sign up
Denny Bitsong

Denny Bitsong

Next Post
iBet Affiliate Program

iBet Affiliate Program - Learn How To Earn Money

LATEST .PRESS RELEASE

China Telecom 3 1676392532X9jsSLqXnt

China Telecom and Conflux Network to pilot Blockchain enabled SIM card in Hong Kong

16/02/2023
Screenshot 2023 04 27 at 182317 1682624159JYkP1VNy6v

AmazeWallet pre-launch mining skyrockets 3,293% in 1 month

01/06/2023

LATEST NEWS

Join the Sports Tournament on 1xBit

Join the Sports Tournament on 1xBit: Any Ticket Can Turn Up 50 mBTC

01/06/2023
Save Easter Eggs with 1xBit and Win Crypto

Save Easter Eggs with 1xBit and Win Crypto

18/05/2023
Venezuelan authorities urged mining companies and cryptocurrency exchanges in the country to stop working

Venezuelan authorities urged mining companies and cryptocurrency exchanges in the country to stop working

24/04/2023
Ethereum price

Ethereum price back to critical support: ETH technical analysis

24/04/2023
Altcoin rising 55% by challenging the falling market

Altcoin rising 55% by challenging the falling market

22/04/2023
Ripple price lost critical $ 0.5 support: XRP's new target

Ripple price lost critical $ 0.5 support: XRP’s new target

22/04/2023
Wootfi Media

Welcome to Wootfi, your number one source for all things [Cryptocurrency]. We’re dedicated to giving you the very best of [Crypto Review], with a focus on [Blockchain Technology ], [Crypto News], [Investment Website].

Follow Us

Categories

  • Affiliate Program
  • AIRDROPS
  • Best Crypto Wallet
  • Bitcoin News
  • Blockchain News
  • Buy Crypto
  • Cardano News
  • CASINO REVIEW
  • CLOUD MINING
  • COINS
  • Crypto News
  • Crypto Press Release
  • DEFI
  • Earning Survey Sites
  • Education Platform
  • Ethereum News
  • Exchange
  • Features
  • Fintech
  • Forex
  • Format Folder
  • Government News
  • Guide
  • ICO
  • Investment
  • Lending
  • News
  • NFT NEWS
  • Press Release
  • Ripple News
  • Uncategorized
  • WALLET
  • Web Hosting
ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Submit Guest Post
  • Contact Us

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .

No Result
View All Result
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - [email protected] .