BlueBit is on its way
Native Efficient Yield Aggregator on NEAR’s Aurora EVM
The BlueBit Protocol is a decentralized yield aggregator powered by Aurora . The protocol is designed to serve users with various risk tolerances, as well as to deliver more secure, more accessible and more efficient farming experiences.
A native yield aggregator on Aurora
Aurora is an EVM built on the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.
Aurora has multiple pros as a chain, as outlined on their website:
DefiLlama is currently tracking Aurora at over $770m TVL and growing, making it a serious contender already — mere 2 months since launch. Aurora will continue to surge and attract a significant amount of EVM-based projects and capital inflows in the foreseeable future.
BlueBit is exerting its best efforts to help users to enhance their farming experiences on Aurora., as well as to enrich Aurora’s ecosystem as a farming philosopher.
Your gateway to DeFi 2.0
In addition to the assurance topics that most protocols can provide, BlueBit is dedicated to solving problems and building for DeFi 2.0, with the innovative features as below:
Economic incentives. BlueBit is the first yield aggregator that embedded the CRV locking model into protocol, by locking utility token to get the governance token that will bring way more rewards to users, such as platform fee rebate farming boosting and voting rights.
We believe this mechanism will effectively solve liquidity problems while align users’ goals with platform’s in the long term, so as to solve liquidity problems and help to maintain vault APY and $BBT price at a relatively stable range.
More Secure. Fund safety comes first and foremost. We will be exerting our best efforts to diminish users’ exposure to risks to a minimum level, that includes continuous audits from trusted third parties, fully open source codes, 24hr time lock for major contracts, whitelist for pools, and multisig for treasury funds(if needed).
More Accessible. Thanks to the NEAR and Aurora, the rainbow bridge now allows an effortless token transferring process between Ethereum, Near and Aurora. Meanwhile, unlike other complex DeFi projects, our engineers laid a lot of emphasis on a concise and easy-to-use UI design for DeFi newcomers.
More Efficient. Taking advantage of high-throughput, scalable on-chain transaction experiences powered by NEAR blockchain, BlueBit is dedicated to set up a full range of farming tools gradually to suffice the needs of different users, including LP pair vaults, single-asset vaults, lending, and leveraged farming. We’ve also planning to collaborate with Rainbow Bridge to support cross-chain yield farming on NEAR mainnet later on.
What to expect?
BlueBit is going to build a more decentralized farming world. Though we initiate our journey as NEAR ecosystem yield aggregator, BlueBit’s vision goes beyond that — In the future, under the governance and supervision of BlueBit DAO, BlueBit will continue contributing our bit to DeFi ecosystem in more effective ways. Namely, BlueBit DAO will cooperate, incubate, and invest promising DeFi projects to further thrive the ecosystem, and our results and achievements would be shared with every BlueBiter.
About BlueBit.fi
The BlueBit Protocol is a decentralized yield aggregator powered by Aurora . The protocol is designed to serve users with various risk tolerances, as well as to deliver more secure, more accessible and more efficient farming experiences.
