 | Blend (BLEND) |
Blend is a decentralized, non-custodial liquidity market protocol on Bitcoin Layer 2, enabling users to supply liquidity and earn passive income or borrow assets using overcollateralized or undercollateralized loans.
Seed Round: N/A
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BitcoinWhat is Blend
Blend is a decentralised non-custodial liquidity market protocol on Bitcoin layer 2.
Blend is a decentralised, non-custodial liquidity market protocol on Bitcoin layer 2, it has been launched on BEVM, Merlin, B2 Network and Bitlayer.
Blend enables users to participate either as suppliers or borrowers. Suppliers contribute liquidity to earn passive income, while borrowers can take out loans in either overcollateralised (long-term) or undercollateralised (short-term for one block) manners.
Token distribution
Seed Round - 5%
Private Round - 5%
Public Round - 4%
Initial Liquidity - 5%
Advisor - 4.5%
Team - 15%
Ecosystem and Treasury - 15%
Community Incentive - 40%
Airdrop - TBD
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