Currencies33910
Market Cap$ 3.54T+0.21%
24h Spot Volume$ 60.13B+5.51%
DominanceBTC61.52%-0.02%ETH8.81%+0.13%
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Bluejay Finance

Bluejay Finance BLUPrice $ 0.0557

BLU Price

0.0557
Price Range
LowHigh
$ 0.0557$ 0.0557

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Token

+2

Funds and Backers

Description

Bluejay Finance is a capital-efficient decentralized stablecoin protocol for issuing stablecoins pegged to real-world currencies

Bluejay Finance (BLU) Chart

Bluejay Finance price Index provides the latest BLU price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

BLU to USD Converter

Bluejay Finance (BLU)BLU

BLU Price Statistics

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Market Cap

N/A

Fully diluted value

FDV

$ 557.24

Total Supply

BLU 10,000

All Time High

$ 7.12

4 Nov 2022


All Time Low

$ 0.0399

9 Dec 2024


From ATH

99.2%

From ATL

39.6%
Trending Bluejay Finance Fiat Pairs

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 All Time High (ATH) of $ 7.12 was reached on 4 Nov 2022, and is currently -99.2% down.

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