BZRX Token Unlocks Tomorrow : CryptoCurrency


Every user who interacts with bZx products will earn BZRX. The token will capture value from fee sharing, balancer fees and BAL Rewards.

It can be redeemed for a basket of assets from the insurance fund, or staked for governing bZxDAO.

https://bzx.network/blog/bzrx-token

Critics will point out that bZx was hit by flash loan attacks in February 2020. However, the insurance fund prevented the users from taking a loss.

Prior to the attacks, bZx was the #2 defi project after Compound (in terms of DAI locked). The team knows how to grow a project. They are going to pump the token hard to attract deposits from Liquidity Providers.

Most of the supply will be locked into 4 year vesting with a 6 month cliff. Only 140 million tokens will unlock tomorrow, and a large portion of that will be held for staking. A price of $3+ is entirely possible.

Get ready for the launch



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