Walkthrough of why nearly 70% of $BMX is staked: -no locking periods -no cooldowns What incentivizes stakers to remain in the pool when token price increases? -real fee accrual distributed in ETH -multiplier points are earned at an equivalent ratio of 100% APY based on amount of BMX staked (e.g. 100 BMX staked for one-year earns 100 MPs; distributed by the second throughout the year). -if unstaked, these MPs are burned -when burned, every other stakers’ MPs become more valuable as total amount of MPs is reduced What is the value of MPs? -MPs drive more ETH to the staker -the total number of (BMX staked) + (multiplier points earned) = how much ETH a staker earns Where does the ETH come from? -BMX has multiple products that generate real revenues without token emissions. -100% of revenue is distributed to the BMX ecosystem, which includes stakers. ⭐️ If you think @BMXDeFi becomes a revenue powerhouse, staking now and stacking MPs will help drive more ETH to you, into the future. 👏To date, the protocol has distributed over $2.5m in fees to the BMX ecosystem. 🎯 One major change happening soon is the launch of Deli Swap, our Uniswap v4 DEX utilizing wBLT for all pairs. This will capture fees previously lost to third party DEXs.
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