👏Welcome to BlueBit
Farming Philosopher | Future yield aggregator powered by Aurora
Last updated
Farming Philosopher | Future yield aggregator powered by Aurora
Last updated
BlueBit is a decentralized yield aggregator protocol built on NEAR's Aurora EVM. The Protocol allows DeFi users to earn more yield in a more secure, accessible, and efficient manner.
Ignited during the 2020 DeFi summer, yielding farming now has become prevalent in blockchain ecosystems. With the rise of NEAR blockchain and its Aurora EVM, farmers now have an even smoother and more efficient way to manage their capital.
BlueBit will be serving as a ”relay station” and an “amplifier” to help users allocate their resources and optimize their capital efficiency throughout the ecosystem.
Aurora is an EVM built on the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.
For the past week, Aurora has surged its TVL by +53%. As of Dec 12th, 2021, Aurora has captured $212.9M and tied to 24th place over all blockchains. We expect Aurora will continue to surge and attract a significant amount of EVM-based projects and capital inflows in the foreseeable future.
Economic Incentives mechanism: We’re the first protocol on Aurora that applies the curve-style voting escrow model, a proven successful DeFi tokenomics into our protocol. By locking utility token $BBT to get governance token veBBT, it will bring way more rewards to users such as platform fee rebate, farming boosting, and voting rights.
We believe this mechanism will effectively solve liquidity problems while aligning 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 (currently by HashEX), fully open-source codes, 24-hr timelock for major contracts, whitelist for pools, and multisig for treasury fund.
Earn more: Our unique product design allows users to earn with BlueBit in 6 different ways.
Accessibility: Intuitive and easy-to-use UI/UX design.
All-in-one suite: Our goal is to build a seamless farming suite with a complete set of farming tools to accommodate various farming demands. We will start with BlueBit Vault V1, then followed by single-asset vaults, lending, and leveraged farming…
