BLZ is Bluzelle’s native token. It is used to pay for network transactions, Bluzelle DB and Oracle services, staking, earning rewards and participating in network governance.

The total supply of BLZ is 500 million, with nearly 10% of the tokens reserved for staking rewards. Its initial coin offering (ICO) launched in January 2018 and raised $19.5 million.

As mentioned above, the Bluzelle ecosystem operates on a dual-token system: ERC-20 BLZ and BLZ. ERC-20 BLZ is an external token used for exchange trading, while BLZ is a native token within Bluzelle’s own blockchain. Both tokens can be used for:

Pay online transaction fees

Pay for Bluzelle DB and Oracle services

Stake and earn rewards

Participate in network governance $BLZ #BLZ.24小时交易策略