24h Vol | $0.03722 |
---|---|
Liquidity | $27.65K |
Holders | 5.76K |
Age | 1 year |
FDV | $5.46M |
Market Cap | $5.46M |
About Blastfi Ecosystem Token (BRES)
BlastFi revolutionizes staking with the innovative concept of restaking, utilizing the proof-of-stake consensus mechanism. Users are provided with a tokenized version of their staked assets, which can be reused on the consensus layer to earn additional rewards. This process enhances cryptoeconomic security across various blockchains. Whether staking assets directly on native mainnets or through liquid staking tokens (LST), users can seamlessly opt-in to BlastFi's smart contracts. BlastFi integrates with multiple blockchains using proof-of-stake consensus and acts as a validator on layer-1 blockchains. This integration simplifies staking and extends cryptoeconomic security to additional network applications, mitigating risks such as impermanent losses, smart contract vulnerabilities, and market manipulation. Utilities of Token The BRES token serves as the primary utility token within BlastFi's ecosystem, facilitating various functions and interactions on the platform. Users receive BRES tokens as rewards when participating in BlastFi's staking and restaking activities. Key Features: Staking Rewards Transactional Utility Liquidity Provision Ecosystem Incentives
BRES/USDT Price Stats
The current price of BRES (BRES/USDT) on Pancakeswap V2 (BSC) is $0.005444, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.03722 with a total of 1 transactions. BRES/USDT contract address is 0xec2754b78a3c5d20c8b42b889b1e24fc78e80f91, with a Fully Diluted Valuation (FDV) of $5.44M and a liquidity pool of $27,652.09.