BlueBit is now live on Aurora Mainnet!
Hello, Hola, 你好, Bonjour, 안녕하세요, Xin chào, Привет
BlueBit Finance has officially launched on the Aurora Mainnet! 👏👏👏
You can now deposit real funds into BlueBit, and start earning compound yield with supported Trisolaris TLP tokens. The “Genesis of Blue” Mining Program will also take place within 24 hours. Funds deposited in BlueBit will automatically start earning BBT yield on April 9th, 2022, at some time between 3:00–5:00 UTC.
Meantime, Your can also start to stake your BBT to earn weekly rebate income as well as accelerate your liquidity mining APY!
Try BlueBit on Aurora Mainnet now: www.bluebit.fi
✅the Audit Report and Bug Bounty Program
Before diving deep, we want to notify you that we have passed the security audit conducted by HashEX. A final audit report is being prepared by HashEX and will soon be delivered. Meantime, we are in contact with the ImmuneFi team for a bug bounty partnership of up to $25,000. Safety is always the first priority of BlueBit’s initiative.
🏆the “Genesis of Blue” Mining Program
To reward early platform adopters and participants, the “Genesis of Blue” Mining Program will be launched shortly after the BlueBit mainnet launch. A total of 8 million BBT will be emitted for a 12-week period. Thereafter the emission rate will drop significantly.
The following 7 Trisolaris TLP tokens will be supported upon mainnet launch with additional BBT emission:
<wNEAR-ETH> (19% emission)
<USDC-wNEAR> (19% emission)
<USDT-wNEAR> (19% emission)
<USDC-USDT> (19% emission)
<WBTC-wNEAR> (19% emission)
<TRI-wNEAR> (5% emission)
<BBT-wNEAR> (0% emission, only compounding earning)
The mining program will last 12 weeks. A total of 8 million BBT tokens will be emitted according to the following program plan:
Week 1 0.6% (600,000) | Week 2 0.65% (650,000)
Week 3 0.70% (700,000) | Week 4 0.75% (750,000)
Week 5 0.80% (800,000) | Week 6 0.80% (800,000)
Week 7 0.75% (750,000) | Week 8 0.70% (700,000)
Week 9 0.65% (650,000) | Week 10 0.60% (600,000)
Week 11 0.55% (550,000) | Week 12 0.45% (450,000)
👑What a user can expect from farming with BlueBit?
Set and forget = easy + convenient
Auto-compound = LP compound every 30 mins automatically= max yield
Additional sapphire BBT rewards on top = approximately $4 million USD token emission for the first 12 weeks
Lock BBT = earn more = up to 2.5x boost factor + weekly platform fee rebate + original BBT deposit = less selling power + more buying power = relatively stable $BBT price + relatively stable APY
Deposit early = more emission share = higher APY
🚀Get it started
You can now start depositing supported Trisolaris TLP on BlueBit and earning compounded yield, and BBT reward will also be immediately available when it goes live.
Trisolaris TLP tokens can be obtained by providing liquidity on Trisolaris using their APP. If you already have supported TLP tokens staked in a Trisolaris farm, you will need to unstake from Trisolaris before staking on BlueBit.
For earned BBT, you can choose to lock them in the BlueBit vote escrow staking system and get veBBT in return. veBBT enables you to participate in a weekly rebate program (50% of platform fee in BBT and wNEAR), plus a boost factor on your liquidity mining position to up to 2.5x.
You may also choose to add liquidity with your earned BBT on Trisolaris wNEAR-BBT TLP and deposit it on BlueBit for a higher compound yield!
Click here or visit our Docs to learn more about BlueBit Vault V1.
Track your compound yield:
When you made a deposit in a vault, there will be a green trumphy icon under your deposited amount. Hovering on the icon will indicate how much compound yield you’ve earned so far.
Track your BBT earning:
In the right upper center of the vault page, a beautiful box is displaying how much BBT you’ve earned from farming BlueBit vaults. You can also track real-time BBT price over there.
Track your weekly rebate earning:
After you locked BBT in stake page, your veBBT will be enrolled in next week’s rebate pool, and the reward will be claimable after next week. When the harvest icon is activated, you can hover on it to check how much you’ve earned, and click to claim of course.
