Wrapped BMX Liquidity Token price

wBLT/USDC wBLT/cbBTC wBLT/ETH wBLT/BMX wBLT/WELL wBLT/BNKR wBLT/VEIL wBLT/TYBG wBLT/MAMO Anyone can create a pool, set swap fee, provide liquidity, earn fees, stream rewards, and maximize capital efficiency. No meetings, no discussions, no permissions, no approvals, no bribes, no voting, no headaches. wBLT and chill papi

person used @bankrbot to set multiple limit buy orders of $BMX via a simple tweet 🤯 @bankrbot utilizes @0xProject v2 routing which natively includes @BMXDeFi’s BLT and custom wBLT mint/redeem routing, meaning @bankrbot trades can route through @BMXDeFi itself. Not just for $BMX trades since it’s paired with wBLT, but all underlying wBLT assets. Across trading platforms like @DefinitiveFi, most major aggregators, and CB wallet too. @BMXDeFi is infrastructure, like a railway. Deli Swap is the train that runs on it. wBLT and BMX capture 100% of the value created by it.

Concept, no promises: wBLT-(bluechip) lending market… It offers something to all BMX ecosystem participants, specifically focused on capturing LPs and capital allocators/funds who don’t want to directly provide wBLT or wBLT-(bluechip) LP token liquidity, but are comfortable providing USDC to borrowers using it as collateral. Example Characteristics: -wBLT/(bluechip) LP tokens as collateral -borrower auto-repayment in BMX tokens enabled from BMX tokens earned on Deli Swap (from the collateral position) -lender paid in BMX tokens, can opt for USDC minus a fee (directed to stakers) -LTV Example: 50% to start Two options: -Fixed rate, fixed term, fixed repayments (could be daily, weekly, or monthly payments) -variable rate, variable term, 1 monthly payment What does this product offer? For the Protocol/BMX stakers: enables more users to earn within the BMX Ecosystem who otherwise aren’t able to now. Attracts liquidity by enhancing capital efficiency, which drives core product volume and fees. For Borrowers: maximize capital efficiency and net earnings throughout the BMX ecosystem. Creates a self-repaying loan using future expected fees, 100% bluechip collateral (wBLT-bluechip LP tokens) that is actively productive within the greater onchain/BMX economy. For Lenders: Offers a USDC product that can likely generate competitively higher APRs than other USDC lending markets, understanding risk may be higher but generally isn’t regarded as absurd to any measure, given a wBLT/USDC LP collateral token is underlying 75% USDC and 25% BTC/ETH, for example. It’s productively generating fees as perpetual market making liquidity on BMX Classic as well as on Deli Swap, then collateralized. Instantly redeemable or mintable, via any major aggregator. I suspect we can use @MorphoLabs for most of it. Would want to display markets onto our own UI/UX offering lending for BMX ecosystem assets together with our other products and utilities. Overall, what do you think?

Walkthrough of why nearly 70% of $BMX is staked: -no locking periods -no cooldowns What incentivizes stakers to remain in the pool when token price increases? -real fee accrual distributed in ETH -multiplier points are earned at an equivalent ratio of 100% APY based on amount of BMX staked (e.g. 100 BMX staked for one-year earns 100 MPs; distributed by the second throughout the year). -if unstaked, these MPs are burned -when burned, every other stakers’ MPs become more valuable as total amount of MPs is reduced What is the value of MPs? -MPs drive more ETH to the staker -the total number of (BMX staked) + (multiplier points earned) = how much ETH a staker earns Where does the ETH come from? -BMX has multiple products that generate real revenues without token emissions. -100% of revenue is distributed to the BMX ecosystem, which includes stakers. ⭐️ If you think @BMXDeFi becomes a revenue powerhouse, staking now and stacking MPs will help drive more ETH to you, into the future. 👏To date, the protocol has distributed over $2.5m in fees to the BMX ecosystem. 🎯 One major change happening soon is the launch of Deli Swap, our Uniswap v4 DEX utilizing wBLT for all pairs. This will capture fees previously lost to third party DEXs.