ICO data from icodrops.com
Start date
31 Jan 2022
End date
05 Feb 2022

About BlueBit
BlueBit is a decentralized yield aggregator protocol built on NEAR's Aurora EVM that offers a full set of farming solutions. The BlueBit Protocol is dedicated to providing DeFi users with various of risk tolerances with more secure, more assessible and more efficient farming experiences.

Why BlueBit?
Economic Incentives: BlueBit is the first yield aggregator that embedded the CRV voting escrow model into protocol, by locking utility token $BBT, users will get the governance token $veBBT, which enables users to participate in 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.

Security Assurance: We are 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 timelock for major contracts, whitelist for pools, and multisig for treasury fund(if needed).
Accessibility: Thanks to the NEAR and Aurora, the eco now has bridges allowing effortless token transferring process between Ethereum, Near, Terra, BSC, Avaxlanche, Polygon, Fantom, and Aurora. Meanwhile, unlike other complex DeFi projects, our engineers laid a heavy emphasis on a concise and easy-to-use UI design for DeFi newcomers.

Efficiency: 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.

Our Vision
Though we initiate our journey as Aurora 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.

StatusEnded

Project details

Started 31 January 2022
10 months ago
Development statusPrototype / MVP
Active fromJanuary 2022
AcceptsUSDT BUSD USD
Hardware walletNo

Twitter

by @BlueBitFinance 0 followers

🎯 BlueBit Weekly Report 🎯 😘 A report to start your week 😘 As the latest comment on the previous tweet, TVL this week is increasing 3k. And number of holders in vault still be stable. https://t.co/phT4cLRSdq

https://pbs.twimg.com/media/FjL-1UsagAEDF54.jpg

What do you want we improve on #BlueBit Finance platform? Never stop building 🔥

🎯 BlueBit Weekly Report 🎯 😘 A report to strengthen your mood 😘 Keep calm and farming over the storm Happy Farming Week https://t.co/1LYEcY9NS7

https://pbs.twimg.com/media/FiI_vAXVIAEySbj.jpg

In the wake of FTX and dozens of CeFi insolvencies, it is clear that DeFi is the way forward.

🎯 BlueBit Weekly Report 🎯 😘 A report to strength your mood 😘 Money flow is running into DEX again after a tsunami domino of bank run CEX #FTT #CRO. And money flow into the football also. (news will be reveal this week) Happy Farming Week https://t.co/xOdrzHXdhR

https://pbs.twimg.com/media/FhfUEQnUAAABPSe.jpg

Big airdrop to #BlueBit community is comming for #FIFAWorldCup 2022 event Guess what??? Stay tune and comment https://t.co/7CHFCL8oyT

https://pbs.twimg.com/media/FhQhHl0aAAI0_rT.jpg

🎯 BlueBit Weekly Report 🎯 😘 A report to strength your mood 😘 Trading is hard but farming ezier TRI-wNEAR still keep stable high APY 79% Meanwhile the stablecoin pool USDC-USDT-USN reach super high number 28%. Happy Farming Week https://t.co/bTRF71MKsa

https://pbs.twimg.com/media/FhFpD-rVEAAD0tp.jpg

The Crypto market reached its all-time high nearly a year ago. Imagine making it this far and quitting now. It couldn't be us. DeFi is backbone of every ecosystem.

🎯 BlueBit Weekly Report 🎯 😘 A report to start your new week 😘 TRI-wNEAR still keep stable high APY 170% - still juicy profit during the bear market time. Meanwhile the stablecoin pool USDC-USDT-USN reach super high number 48%. Happy Farming Week https://t.co/CUtlOcAGhp

https://pbs.twimg.com/media/FgYOtJrUUAA4IAK.jpg

Meanwhile #Fed bank interest is raising every single 0,25%, #bluebit produces 48% for stablecoin USDC-USDT-USN TLP.

🎯 BlueBit Weekly Report 🎯 😘 A report to start your new week 😘 TRI-wNEAR still keep stable high APY 187% - still juicy profit during the bear market time. Happy Farming Week https://t.co/2RhYE6trFX

https://pbs.twimg.com/media/FfzD3PAUoAIxkPE.jpg

🎯 BlueBit Weekly Report 🎯 😘 A report to start your new week 😘 TRI-wNEAR is having high APY 200% - still juicy profit during the bear market time. Happy Farming Week https://t.co/htt2zMTLPy

https://pbs.twimg.com/media/FfQjyYUaEAUojov.jpg

🎯 BlueBit Weekly Report 🎯 😘 A report to start your new week 😘 TRI-wNEAR is having high APY 791% - huge profit during the bear market time. Happy Farming Week https://t.co/AhQvdCVl9E

https://pbs.twimg.com/media/FewvzEraEAA47e5.jpg

🎯 BlueBit Weekly Report 🎯 😘 A report to start your new week 😘 Market still sideway in big trading range. And maybe you haven's known, the best time for farming is BTC sideway period. But prepare for the dump before pump our degens. Happy Farming Week https://t.co/yhLvy54TGj

https://pbs.twimg.com/media/FeI2tZCaEAEjqmL.jpg

🎯 BlueBit Weekly Report 🎯 😘 A report to start your new week 😘 Market still sideway in big trading range. And maybe you haven's known, the best time for farming is BTC sideway period. But prepare for the dump before pump our degens. Happy Farming Week https://t.co/kCVo3QLOGi

https://pbs.twimg.com/media/FdmHWrRVIAAE1YF.jpg

🎯 BlueBit Weekly Report 🎯 😘 A report to start your new week 😘 Market still sideway in big trading range. And maybe you haven's known, the best time for farming is BTC sideway period. Happy Farming Week https://t.co/KgSuA0emaw

https://pbs.twimg.com/media/FdEwfI4agAAWcMN.jpg

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