🎁wBLUR

wBLUR represents a tokenized form of "staked-BLUR". Here's how it works:

  • When users deposit BLUR into Burst, it is directly stake into the Blur.foundation platform to earn BHP (blur holder points).

  • In exchange, users receive wBLUR, a tokenized version of "staked-Blur", at a one-to-one ratio.

  • The conversion to wBLUR is irreversible, although there are liquidity pools that enable trading wBLUR back to BLUR tokens.

Staking wBLUR:

  • Staking wBlur on Burst.wtf allows users to earn $BHP (blur holder points), similar to staking Blur on blur.foundation, but in the form of $BHP.

  • $BHP is an ERC20 tokens that represents the total "blur holder points" earned by the Burst.wtf platform.

  • Furthermore, wBLUR stakers can gain additional BHP from Burst's performance fees, as well as the platform's native token, $BURST.

PreviousBurst for Blur StakersNextBHP

Last updated