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.
$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 Basic | Information |
|---|---|
| Coin Name | Blitz Labs |
| Short Name | BLITZ |
| Circulating Supply | 270,000,000.00 BLITZ |
| Max Supply | 270,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click 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:
- 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).
