Introducing BZB.Finance
Introducing $BZB a community driven DAO at the the epicentre of the BFI ecosystem.
With the successful launch of $BFI we saw an opportunity to strengthen the $BFI ecosystem and its community through the $BZB token.
$BZB is a non-inflationary cryptocurrency designed to reward users for locking up their $BFI.
Token Symbol: BZB
Max Supply: 11,000 BZB
Circulating Supply: 1100 BZB
Token price: $100
Presale: 1,000 BZB
LP Rewards: 9900 BZB
Presale Date: TBA
Users must hold 500 $BFI to participate in the presale of $BZB. Maximum contribution 5 $BNB
Easy one click staking Of $BFI allows users to earn rewards yielded from the 2% transaction fee.
$BZB Rewards pool
All 9900 BZB allocated for LP rewards will be distributed during 2 epochs.
Epoch 1 will start right away once the token has been listed on Pancakeswap.
Epoch 1
Duration: ~ 11 days (316,800 blocks)
Rewards: 2000 BZB*
Epoch 2
Duration: ~ 66 days (1,800,900 blocks)**
Rewards: 7900 BZB*
Reward allocation
50% — in BZB rewards
20% — in BTSC/BFI/BETH rewards (50/30/20)
25% — to the DAO treasury (controlled by LP stakers, owned by the DAO)
5% — to the BZB lottery pool (won by LP stakers)
All BZB rewards will be locked for a period of 14 days (duration can be changed through governance).
All BTSC/BFI/BETH rewards will be locked for a period of 90 days (duration can be changed through governance).
So how do we nurture the $BFI ecosystem? We will be completing an OTC swap of raised BNB to create a primary BFI /BZB trading pair . This will significantly help reduce the sell pressure of $BFI whilst rewarding holders for staking.
1-click Farming DAPP
How it works:
1. dApp takes 50% of the BFI and market-buys BZB from the PancakeswapLP
2. dApp takes that BZB and adds it together with the remainder BFI back into the Pancake swap LP
3. dApp receives LP token and stakes it for you
4. You receive rewards in BZB+BTSC/BFI/BETH
Penalty Fees
Besides the 2% fee on every transaction we have implemented a conditional penalty fee structure for rewards (which can be changed trough governance):
- early withdrawal of BZB rewards — 20% burn
- early withdrawal of BFI/BTSC/BETH rewards — 20% burn
assets get swapped to BZB which then gets burned - early unstaking of LP tokens — 10% fee
assets get sent to the DAO treasury (owned and controlled by LP stakers)
