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Bluejay FinanceBLUPrice $ 0.262
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DeFi
Tags (Sub-Categories):
Contracts:
Ethereum
BLU Price
0.00...097
BLU Price Statistics
Market Cap
FDMC
$ 2.62K
24h Trade Volume
N/A
N/A
All Time High
$ 7.12
04 Nov 2022
BLU to USD Converter
Bluejay Finance Monthly Returns (USD)
Bluejay Finance Quarterly Returns (USD)
Bluejay Finance Closing Price (USD) - Quarterly
BLU - USD Price Change
| Period | Change | Change (%) | High | Low |
|---|---|---|---|---|
| 24H | $ 0.000126 | +0.05% | $ 0.262 | $ 0.262 |
| 6M | -$ 0.875 | -77% | $ 2.75 | $ 0.262 |
| YTD | -$ 0.408 | -60.9% | $ 6.09 | $ 0.262 |
Bluejay Finance Annual Price (USD) Change
Bluejay Finance Markets
What is Bluejay Finance (BLU)?
Bluejay Finance is a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies. Every stablecoin issued is backed by protocol-owned liquidity. There are two main strategies for market participants: Staking and Bonding. Stakers stake their BLU tokens in exchange for more BLU tokens while bonders provide liquidity or DAI tokens in exchange for discounted BLU after a vesting period.
Bonding is a process to allow Bluejay to acquire its own liquidity and reserve assets (ie DAI) and bring stablecoins to the peg by selling BLU at a discount. There are two main types of bonds on Bluejay, treasury bonds, and stabilizing bonds. For both types of bonds, the user gets discounted BLU after a fixed vesting period. The only difference is that treasury bonds raise assets for the treasury directly while stabilizing bonds help to peg issued stablecoins to their prices.
Bluejay Finance Price Today
Bluejay Finance's current price is $ 0.262, it has increased +0.05% over the past 24 hours.
Bluejay Finance's All Time High (ATH) of $ 7.12 was reached on 4 Nov 2022, and is currently -96.3% down.