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Home » Blog » What Is Blitz Labs(BLITZ)? Complete Guide & Review About Blitz Labs?
CryptoCurrencies

What Is Blitz Labs(BLITZ)? Complete Guide & Review About Blitz Labs?

Cws Team
Last updated: 13/05/2023 7:02 PM
Cws Team
3 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs. !
What Is Blitz Labs(BLITZ)? Complete Guide & Review About Blitz Labs?
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What Is Blitz Labs(BLITZ)?

Blitz Labs is a WEB3 collective dedicated to developing tools, services, and products that make basic crypto activities such as, but not limited to, participating in presales, exchanging tokens, bridging, as simple as possible and without unnecessary complexity. The ultimate goal is to create a one-stop shop where users can conveniently complete all of their tasks in one site while paying the least fees possible. The journey begins with the creation of the $BLITZ token, which will serve as the foundation for Blitz Labs’ core products and services. BlitzSale will be the first project launched under the Blitz Labs brand.

Contents
  • What Is Blitz Labs(BLITZ)?
  • Blitz Labs Storage Key Points
    • Blitz Labs Price Live Data
    • $BLITZ token
    • BlitzStaking
    • Single-sided staking
    • LP farming
    • BlitzVault
    • Treasury

$BLITZ is the primary token utilized by the products and services of. In order to grow the value of the token with price action, scarcity and underlying value; Blitz will be a fixed supply token that is deflationary by nature due to the features presented below: Buy Tax: 0.3% / Sell Tax: 0.3% Services fees are paid in $BLITZ Dividends paid out from profit streams coming from Blitz Labs services & products Buybacks result in a higher price floor and a larger LP $BLITZ will also facilitate Blitz Labs governance and allow holders to contribute to the network’s evolution.

Blitz Labs Storage Key Points

Coin BasicInformation
Coin NameBlitz Labs
Short NameBLITZ
Circulating Supply 270,000,000.00 BLITZ
Max Supply270,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Blitz Labs Price Live Data

The live Blitz Labs price today is $0.015122 USD with a 24-hour trading volume of $314,766 USD. They update the to USD price in real-time. This is down 6.07% in the last 24 hours. The current CoinMarketCap ranking is #3502, with a live market cap of not available. The circulating supply is not available and a max. supply of 270,000,000 BLITZ coins. If you would like to know where to buy Blitz Labs at the current rate, the top cryptocurrency exchange for trading in Blitz Labs stock is currently PancakeSwap (V2). You can find others listed on crypto exchanges page.

$BLITZ token

The native token $BLITZ is designed to provide its holders with ever-increasing value and an unlimited upside potential without inflation. This is the primary token utilized by the products and services of. In order to grow the value of the token with price action, scarcity and underlying value; They will be a fixed supply token that is deflationary by nature due to the features presented below:

- Advertisement -
  • Buy Tax: 0.3% / Sell Tax: 0.3%
  • Services fees are paid in $BLITZ
  • Dividends paid out from profit streams coming from Blitz Labs services & products
  • Buybacks result in a higher price floor and a larger LP

$BLITZ will also facilitate Blitz Labs governance and allow holders to contribute to the network’s evolution. 270,000,000 The tokens were minted at the token generation event; this is the maximum supply, which will only decrease from the time of launch. There will be no additional tokens minted.

The vast majority of tokes are owned by the community. They doesn’t have to pay out high farming rewards to incentivize liquidity providers because Blitz Labs owns the majority of liquidity, and as the largest liquidity provider, earns the majority of the LP fees, which is another source of revenue for the Treasury.

BlitzStaking

For a limited time, The single-sided staking and LP farming will be offered to the $BLITZ holders while the services and products are launched and begin to generate revenue.

Single-sided staking

  • Duration: Up to 5 months
  • Stake: $BLITZ
  • Earn: $BLITZ
  • Pool rewards: 10,000,000 $BLITZ

LP farming

  • Duration: Up to 5 months
  • Stake: – BUSD LP
  • Earn:
  • Pool rewards: 30,000,000

BlitzVault

Single-sided staking and LP farming will be phased out after five months, and inflation-free staking will be implemented:

  • Zero (0) Inflation — rewards paid out monthly in Stable Coins (USDC/MIM/USDT/BUSD/etc)
  • Staking Tiers (1/3/6/12 month)
  • The longer a user keeps their tokens in lock-up, the higher their dividend share will be.

Treasury

The treasury of is put to work using multi-chain profit-generating strategies in order to increase the funds held by Blitz Labs, which then serves as protection for $BLITZ holders & Blitz Labs interests. Treasury funds may be spent on marketing, development, partnerships, and listings. These funds will be used for additional buybacks in the future, in addition to those made from products and services profits. Until Blitz Labs products and services generate revenue, Treasury funds will be used to cover operating expenses (Opex).

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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People
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