What Is Blitz Labs (BLITZ)? Coin Review? Guide About Blitz Labs

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.

Blitz Labs Coin journey begins with the creation of the $BLITZ token, which will serve as the foundation for Blitz Labs’ core products and services. The Sale will be the first project launched under the Blitz Labs brand.

Important Points Table Of Blitz Labs

How to Buy the Continental & Trade On Exchange?

$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; 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

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

$BLITZ staking

BlitzStaking

For a limited time, The Coin single-sided staking and LP farming will be offered to the $BLITZ holders while 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: $BLITZ – BUSD LP
• Earn: $BLITZ
• Pool rewards: 30,000,000 $BLITZ

Blitz Vault

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.

Services Fees

Services fees

Blitz Labs Coin protocol will profit from each token creation, presale, token airdrop, token lockup, vesting conducted through BlitzSale DApp. For example: BlitzSale will receive 0.2 BNB for each new token minted, 1 BNB for each presale created, and 4% of all BNB raised.

Revenue Distribution System

Profits from products and services after the deduction of operating costs (Opex) will be used to achieve three main goals:

• Paying out dividends to Blitz token holders.

• Increase available resources for Blitz ecosystem to continue building quality and new income generation avenues for Blitz token holders.

• Logistics focused on achieving long-term sustainability and growth.

Roadmap

Blitz Labs Coin roadmap currently contains our main short and medium-term plans, as well as high-priority tasks; however, as time passes and new products are introduced, this roadmap will be adjusted for growth.