Blastfi Ecosystem Token on BNB Chain
BRES / USDT
Price: $0.0322
Token: 0xa9231f3b68e8059722c86014df8ce8607bb8defe
Pair: 0xec2754b78a3c5d20c8b42b889b1e24fc78e80f91
Links
Token: 0xa9231f3b68e8059722c86014df8ce8607bb8defe
Pair: 0xec2754b78a3c5d20c8b42b889b1e24fc78e80f91
Price
$0.0322
Change 24h
-
1.17%
High 24h
$0.0326
Low 24h
$0.0322
Market cap
$32.22M
Volume 24h
$215.46
Liquidity
$65.44K
Tax
5%
Holders
5.7K
Added to BNB
5 months ago
Updated: 2024-9-20 15:24 UTC
Created: 2024-4-25 02:57 UTC
Pressure
Introducing Blastfi Ecosystem Token (BRES): A New Arrival on the BNB Chain
Welcome to the detailed profile of Blastfi Ecosystem Token (BRES), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Blastfi Ecosystem Token (BRES) was launched with the intent to join the thriving BNB Chain ecosystem.
This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.
At NewCoinHub, we provide up-to-date and comprehensive data about Blastfi Ecosystem Token (BRES) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.
Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.
Read on to learn more about Blastfi Ecosystem Token (BRES) and find answers to some frequently asked questions.
Token description
BlastFi revolutionizes staking with the innovative concept of restaking, utilizing the proof-of-stake consensus mechanism. Users are provided with a tokenized version of their staked assets, which can be reused on the consensus layer to earn additional rewards. This process enhances cryptoeconomic security across various blockchains. Whether staking assets directly on native mainnets or through liquid staking tokens (LST), users can seamlessly opt-in to BlastFi's smart contracts. BlastFi integrates with multiple blockchains using proof-of-stake consensus and acts as a validator on layer-1 blockchains. This integration simplifies staking and extends cryptoeconomic security to additional network applications, mitigating risks such as impermanent losses, smart contract vulnerabilities, and market manipulation. Utilities of Token The BRES token serves as the primary utility token within BlastFi's ecosystem, facilitating various functions and interactions on the platform. Users receive BRES tokens as rewards when participating in BlastFi's staking and restaking activities. Key Features: Staking Rewards Transactional Utility Liquidity Provision Ecosystem Incentives
Token overview
What is Blastfi Ecosystem Token (BRES)?
Blastfi Ecosystem Token (BRES) is a newly launched cryptocurrency token on the BNB Chain. We encourage all potential investors to do their due diligence and thoroughly research new tokens before making any investment decisions.
What is the price of Blastfi Ecosystem Token today?
As of our latest update, the current price of one Blastfi Ecosystem Token (BRES) is approximately $0.0322. Please note that cryptocurrency prices are extremely volatile and can change rapidly.
How do I buy Blastfi Ecosystem Token?
You can purchase Blastfi Ecosystem Token (BRES) by using the 'trade' button on NewCoinHub. Alternatively, PancakeSwap is another platform that allows trading of Blastfi Ecosystem Token.
What is Blastfi Ecosystem Token smart contract address?
The smart contract address for Blastfi Ecosystem Token (BRES) is 0xa9231f3b68e8059722c86014df8ce8607bb8defe. Always verify smart contract addresses before making transactions to avoid scams.
What is the Blastfi Ecosystem Token Market Cap Today?
The market cap of Blastfi Ecosystem Token (BRES) as of today is $32M. Market cap, which is the total value of all tokens in circulation, is calculated by multiplying the current price by the total supply of the token.
What is the last 24h Blastfi Ecosystem Token trading volume?
The trading volume of Blastfi Ecosystem Token (BRES) in the last 24 hours was $215.46. Trading volume represents the total number of tokens traded on all exchanges in the past 24 hours.
How much liquidity does Blastfi Ecosystem Token have?
As of now, the liquidity of Blastfi Ecosystem Token (BRES) is $65,441.90. Liquidity refers to the ease with which a cryptocurrency can be bought or sold without affecting its price.
How many people are holding Blastfi Ecosystem Token?
Currently, there are 5742 holders of Blastfi Ecosystem Token (BRES). This number refers to the total count of unique addresses holding at least some amount of Blastfi Ecosystem Token.
Frequently asked questions
What is a Newly Launched Crypto Token?
A newly launched crypto token is a type of cryptocurrency that has recently been released to the market. These tokens are often introduced through a process known as an Initial Coin Offering (ICO), Initial Dex Offering (IDO), or similar launch mechanism.
What is the BNB Chain?
The BNB Chain, formerly known as the Binance Smart Chain (BSC), is a blockchain network built for running smart contract-based applications. It's designed to be fast and efficient, with a focus on enabling the creation and exchange of new tokens.
What is PancakeSwap?
PancakeSwap is a decentralized exchange (DEX) running on the BNB Chain. Users can trade directly from their wallets in an automated manner, offering liquidity in exchange for fees.
What is a smart contract address?
A smart contract address is a unique identifier within a blockchain where a smart contract resides. Transactions, including token buying or selling, interact with these addresses.
What does token liquidity mean?
Token liquidity refers to how easily a token can be bought or sold without causing significant price changes. High liquidity usually means that the token can handle large trading volumes without substantial price swings.
What does token trading volume mean?
Token trading volume is the total quantity of a token that has been traded (bought and sold) during a specific period, typically 24 hours. It provides insight into the token's activity and popularity.
What is a token holder?
A token holder is a person or entity that owns some quantity of a specific cryptocurrency token. The number of holders can be indicative of a token's distribution and its community size.
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