The Blend token (BLND) is an ERC-20 token that tracks a transparent, algorithmically managed basket of Proof of Stake assets. Blend’s participation model provides synthetic staking that pools the risk and reward of PoS networks.
The easiest way to go long on the best Proof of Stake networks. One easy to hold ERC-20 token tracks the top PoS assets.
BLND is simple to buy, hold, and sell, making it easy to manage a position in the PoS industry.
All of the funds BLND raises are used to purchase an algorithmically managed basket of high quality PoS assets.
The BLND basket currently provides proxy participation for Tezos, Cosmos, and Algorand. The basket of assets are delegated to selected, trusted validators.
The Operations Team executes all resulting staking and participating duties under direction of the Staker Council, an entity elected by the holders of the STKR token.
To learn more about StakerDAO visit StakerDAO.com
Rewards generated by the underlying assets tracked by BLND are used to repurchase and subsequently burn outstanding BLND tokens.
The universe of potential PoS assets considered for inclusion into the basket are filtered by thresholds of a $300mn minimum market cap and a $1mn minimum in daily volume.
Assets are then multi-factor ranked through two inputs: staking ratio (quality) and reward ratio (growth).
The basket is comprised of the top three tokens, market cap weighted and rebalanced monthly.
StakerDAO is the underlying organization for BLND, founded by Tezos Commons Foundation and Tezos Capital veteran Jonas Lamis and backed by Polychain Capital. It is a platform for governing financial assets in a decentralized, secure, and compliant manner.
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