Bladeswap (BLADE): An innovative decentralized exchange (DEX) on the Blast chain

in bladeswap •  9 months ago 

BLADB.jpg

  1. Project Overview
    Bladeswap (BLADE) has been listed on HIBT on May 21. Bladeswap (BLADE) is the top native decentralized exchange (DEX) on the Blast chain with native multi-call functionality. Bladeswap returns 100% of platform fees to token holders through its innovative “veDEX” model and redirects 100% of emissions through voting in the governance structure. Bladeswap aims to simplify the user experience, eliminate the complexity and inefficiency of the traditional ve(3,3) mechanism, and provide a convenient Web2-like experience. BLADE is currently open for trading on HIBT.

  2. Project Highlights
    Efficient and convenient user experience: Bladeswap focuses on providing a simplified transaction process, supports native batch transactions, and reduces user operation steps and gas fees.
    Comprehensive revenue return mechanism: All platform revenue is returned to token holders, and users can redirect emissions through voting to maximize revenue.
    Powerful technical support: Bladeswap utilizes Velocore’s core contract and adopts Curve’s stable pool technology to enhance liquidity and stability.
    Flexible governance system: Bladeswap provides a pool creation and bribery mechanism that does not require a whitelist. Users can freely set the bribery period and distribution method, which greatly improves the flexibility and participation of governance.

  3. Token Economics
    Token symbol: BLADE
    Voting Token: veBLADE
    Casting ratio: 1:1
    Benefit type
    Staking yield readjustment: Staking yield based on L1 ETH balance.
    Treasury Yield Rescale: Yield based on USDB balances.
    Natural gas revenue sharing: part of the natural gas revenue generated from transactions is returned to users.
    Token allocation and lock-up rules
    Bladeswap’s token allocation and staking rules are designed to ensure market stability and long-term development. All users holding veBLADE can participate in voting to determine the distribution of token incentives and liquidity benefits.

  4. Core functions
    Batch transactions: Users can bundle multiple operations into one transaction, reducing multiple approvals and repeated operations and improving transaction efficiency.
    Bribery mechanism: Users can add tokens as bribes to the selected pool at any time and set the bribe distribution period. Bribery increases are distributed linearly over a set period, providing a flexible reward mechanism.
    Governance system: Bladeswap’s governance does not depend on epochs. veBLADE holders can vote for any pool at any time and flexibly adjust their votes as needed. Rewards are issued in real time to avoid missing out on rewards due to voting mode.
    Open Liquidity Platform: Bladeswap does not require whitelisting to create pools or add bribes, providing a permissionless, diverse liquidity market.

  5. Market performance and analysis
    User experience: Bladeswap’s batch transaction and bribery mechanism simplifies user operations, reduces transaction costs, and improves user participation and satisfaction.
    Revenue return mechanism: By returning 100% of platform revenue to token holders, Bladeswap has attracted a large number of liquidity providers and enhanced the competitiveness of the platform.
    Technical support: With the technical support of Velocore and Curve, Bladeswap provides stable liquidity and efficient trading experience.
    Flexible governance: Bladeswap’s flexible governance and open liquidity platform make it stand out in the highly competitive DEX market and attract more users and liquidity providers.

  6. Future Development
    Expanded functions: Bladeswap will continue to utilize Blast’s native mechanism to develop more functions and provide users with greater profit opportunities.
    Increase liquidity: Through continuous token incentives and flexible bribery mechanisms, attract more liquidity providers and further enhance the competitiveness of the platform.
    Improve user engagement: Improve user engagement and loyalty by improving user experience and increasing the convenience of governance participation.

  7. Summary
    Bladeswap is an innovative and efficient decentralized exchange that has significant competitive advantages in the DEX market with its convenient user experience, comprehensive revenue return mechanism and strong technical support. Its flexible governance system and open liquidity platform provide users with diversified participation and profit opportunities. In the future, Bladeswap is expected to continue to attract more users and liquidity through technological innovation and functional expansion, and consolidate its market position.

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