BLXN Limitless Launch
December 9 update – the Telegram says it launches at 2pm UTC, but the countdown on the site and the contract has it launching at 7:07am on December 10. We’ve set this for 7:07am in an abundance of caution.
The dApp opens to VIP users for 24 hours before it opens to public. VIP users had to pay 0.05 BNB to reserve a spot. This post is for the public launch.
- Multi-round mechanism – each round starts after a 7-day VIP reservation period. Once the VIP reservation is over, the round begins for VIP members only for the first 24 hours, then opens to the public
- A round ends once the balance for the round reaches 5% of the maximum TVL, after which the balance is reset and a new round begins with a base TVL from the previous round. Once a round ends, the cycle repeats
- To receive VIP status, you need to pay 0.05 BNB during the 7-day VIP reservation period — users who purchase VIP status for 5 rounds, receive VVIP status and have access to VIP benefits for free (no fees) in every round
- At the start of each round, users stake BUSD and earn daily yield paid in BUSD (subject to availability of funds in the contract balance for payment)
- Daily ROI: 6%
- VIP users receive 7% daily ROI
- Minimum deposit: 50 BUSD
- No maximum deposit
- 5% deposit, 5% compound and 5% withdrawal fee
- Initial deposit cannot be withdrawn
- 48 hours rewards accumulatio cutoff; after which you need to perform an action (compound/withdraw) to continue earning rewards
- 2% referral commission on referred user’s deposits