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description: BlueBit's utility token
---

# BBT

### **BlueBit Token(BBT)**

BBT token is the BlueBit platform's utility token, it can be gained through liquidity mining rewards, and DEX trading upon TGE. Additionally, users need to stake BBT token to acquire veBBT token, which is the BlueBit platform's governance token that enables holders to be eligible for a range of benefits and participate in governance.

### Token Info

a. Name: BlueBit Token

b. Sticker: $BBT

c. Total Supply: 100,000,000

d. Network: Aurora Mainnet

e. Standard: ERC-20

f.  Key feature: BlueBit is the first yield aggregator that embedded the CRV voting escrow model into protocol

g: TGE: March 23rd 9:00 UTC

h: Contract: 0x4148d2Ce7816F0AE378d98b40eB3A7211E1fcF0D&#x20;

i:  On March 19, 2022, _362439.883076 unsold IDO BBT tokens_ were sent to black hole address. Check TX [here](https://aurorascan.dev/tx/0xbccc32bf11d3c1e7995d7a151a655b54bf99af7a43b5cae24e5968ed92ede85a).

### **Token Allocation**

BlueBit Token(BBT) has a total supply of 100,000,000 and will be allocated as follows:\


![](https://1471809851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FlEfyugxpTPHVap8iJWet%2Fuploads%2FgOiUU0ooqwgmDlEhvy4A%2Fimage.png?alt=media\&token=608f705f-5a6e-4e75-968c-84bcb094ba54)

### **Vesting Schedule**

<table data-header-hidden><thead><tr><th width="169"></th><th width="150" align="center"></th><th width="150" align="center"></th><th></th></tr></thead><tbody><tr><td><strong>Category</strong></td><td align="center"><strong>%</strong></td><td align="center"><strong>Token Amount</strong></td><td>   <strong>Unlock</strong> <strong>Schedule</strong></td></tr><tr><td>Strategic Partners:</td><td align="center">20%</td><td align="center">20,000,000</td><td></td></tr><tr><td>-(Seed)</td><td align="center">(10%)</td><td align="center">(10,000,000)</td><td><p>     2 Months cliff</p><p>     12 Months linear</p></td></tr><tr><td>-(Strategic)</td><td align="center">(5%)</td><td align="center">(5,000,000)</td><td><p>     1 Month cliff</p><p>     12 Months linear </p></td></tr><tr><td>-(Other Partners)</td><td align="center">(5%)</td><td align="center">(5,000,000)</td><td><p>     1 Month cliff</p><p>     12 Months linear </p></td></tr><tr><td>Advisors</td><td align="center">3%</td><td align="center">3,000,000</td><td><p>     4 Months cliff</p><p>     12 months linear </p></td></tr><tr><td>Treasury</td><td align="center">12%</td><td align="center">12,000,000</td><td>     18 Months linear</td></tr><tr><td>Team</td><td align="center">10%</td><td align="center">10,000,000</td><td><p>     4 Months cliff</p><p>     12 Months linear</p></td></tr><tr><td>LM rewards</td><td align="center">49%</td><td align="center">49,000,000</td><td>   <a data-mention href="../../emission-schedule/genesis-of-blue-mining-program#emission-schedule">#emission-schedule</a></td></tr><tr><td>IDO</td><td align="center">1%</td><td align="center">1,000,000</td><td>      40% Unlocked<br>      60% over 3 Months </td></tr><tr><td>Initial Liquidity</td><td align="center">5%</td><td align="center">5,000,000</td><td>         Unlocked</td></tr></tbody></table>
