BladeSwapPrice

(BLADE)

BladeSwap is a decentralized exchange (DEX) operating on the Blast L2 network. It utilizes a "veDEX" model where 100% of platform fees are returned to token holders, and emissions are directed entirely through governance voting. It is an optimized version of established decentralized protocols, featuring significant modifications such as the addition of native batch transactions and the removal of rebase mechanisms. To ensure the security of its smart contracts, BladeSwap has undergone multiple comprehensive audits by reputable firms, including Zokyo, Hacken, and Scalebit.

$BLADE is the liquid utility and reward token used for trading and yield farming within the ecosystem. In contrast, $veBLADE is the "vote-escrowed" governance token. Users must lock their $BLADE to receive $veBLADE, which grants them the power to vote on pool emissions and earn a share of protocol fees. Locking tokens typically requires a commitment period, and early unlocks are generally restricted or subject to heavy penalties to ensure long-term protocol stability.

By locking $BLADE into $veBLADE, users gain voting power and receive 100% of trading fees from the pools they vote for. Additionally, BladeSwap distributes Blast Gold (developer points) to users who provide liquidity to eligible pools or participate in "Gold Maxi" and "Yield Maxi" features. Rewards and points are often distributed in epochs, with dashboard updates typically occurring at the end of each weekly cycle, often on Thursday mornings.

Native Batch Transactions are a core feature of BladeSwap designed to enhance the user experience. This technology allows users to bundle multiple separate actions—such as approving a token, performing a swap, and staking in a liquidity pool—into a single transaction. This innovation saves significant time and reduces gas fees compared to executing each step individually on the network.

Daily Free Loot Boxes are rewards granted to users based on their weekly activity rankings in swapping, liquidity provision, or governance. These boxes can contain Blast Gold, ecosystem points, or partner tokens. The "Yield Maxi" feature focuses on providing high APR through bribes and emissions, while the integrated "Gold Maxi" allows users to provide bribes to earn points that entitle them to Blast Gold and Points generated by the specific pool.

To participate, you must bridge ETH or stablecoins to the Blast network via the official bridge or other supported cross-chain platforms. Once on Blast, you can trade assets or provide liquidity. The project features a multi-season airdrop strategy where users earn points for their activity and referrals. These points eventually convert into token allocations. For those looking to trade the token, $BLADE can also be found on major platforms like LBank.