TVL $0.00
11+
Supported markets
5%
Token Supply
Why?
Lenders are at the core of the Blueberry Protocol, as all leveraged strategies borrow from the lending market. Therefore, the DAO is distributing over 5% of the BLB token supply to lenders for the first 56 days, as lenders are the most important contributors.
What is the duration of the lock?
We secure a stable protocol and liquidity base with a 56-day lockdrop period. After this, pools turn fully liquid. For maximum flexibility, early withdrawal is available with a 1% withdrawal fee
Is Blueberry audited?
Yes, Blueberry has undergone two audits with premier firms Hacken and Sherlock. Please find the reports in the Audits section of the documentation. The token reward system (bdBLB) was audited by Sec3, and a final fix review of the entire protocol was performed by top solo auditor 0x52.
Which Networks?
ETH Mainnet - decentralization and access to liquidity are our first priorities. L2’s and more soon.
What is the source of the yield?
The yield originates from lending to Blueberry's levered strategies featured on the Earn page. Launching a few weeks post-Lockdrop, these strategies and borrowing generate returns, alongside $bdBLB token distribution for lenders. The APR comprises both borrow and reward yields.
How is the APR Calculated?
Because the BLB token is not live yet, conservative hypothetical FDVs are used to calculate APRs. These values will also determine your acceleration price depending on your time of deposit. For deposits in the first month, a $20M FDV ($.02/BLB) will be used. For deposits in the second month, a $40M FDV ($.04/BLB) will be used.