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About BlastFi Ecosystem Token
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
Market Stats
Market Cap
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FDV
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Circ. Supply
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Max Supply
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Total Supply
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Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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All time high
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Price Change (1Y)
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Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.001352 per $BRES with a 24-hour trading volume of £0.00.
Market details
$BRES vs markets
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$BRES vs BTC
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$BRES vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xA9231F3B68E8059722C86014Df8ce8607Bb8DEFE |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.001352 | |
1 Day | £0.001374 | |
1 Week | £0.001389 | |
1 Month | £0.001382 | |
1 Year | £0.003618 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
BlastFi Ecosystem Token calculator
Related assets
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
