Blocto

Explore Blocto's $BLT tokenomics, the backbone of Blocto's revolutionary cross-chain wallet and ecosystem. Blocto is on a mission to accelerate blockchain adoption by offering seamless and user-friendly access to blockchain applications, crypto, and NFT assets across multiple chains. Designed with both general users and developers in mind, Blocto ensures effortless onboarding, simplified crypto transactions, and a unified platform for blockchain interaction. $BLT serves as the utility and governance token for the Blocto ecosystem, ensuring smooth interaction between Blocto wallets, products, and users. With a total supply of 500 million tokens, BLT offers various functionalities, including staking for ecosystem stability and payment of network fees. Users benefit from staking BLT to maximize mining rewards or to increase monthly mining reward caps. BLT is also pivotal for developers, who must stake at least 10,000 BLT to qualify for developer mining rewards, incentivizing further collaboration with dApp builders. The Blocto wallet's smart contract features enable users to manage funds across Ethereum, Flow, Solana, and other major blockchains. This eliminates the need for holding multiple native tokens while introducing seedless account management as a streamlined, customizable solution. With its built-in Blocto points system, users can easily pay for network fees and even purchase cryptocurrencies with fiat, offering unparalleled accessibility. In addition to its wallet services, Blocto provides a host of innovative products: - **Blocto Swap:** A decentralized exchange on the Flow blockchain. - **Teleport:** Facilitates seamless cross-chain transfers between Ethereum and Flow. - **Blocto Balancer:** A cross-chain automated market maker (AMM), letting users earn transaction fees. - **Blocto Auction House:** A cross-chain compatible NFT marketplace. - **Blocto Vault:** A decentralized revenue-sharing pool where part of Blocto product revenues are redistributed to BLT holders through staking. Mining BLT is central to the Blocto ecosystem, with 40% of the token's supply allocated for miner rewards. Developers integrating Blocto within their applications earn mining incentives, while users gain rewards for meeting wallet balance thresholds. BLT can be purchased on major crypto exchanges like FTX Spot, Gate.io, and MEXC, making it accessible to a wide user base. With its focus on simplicity, interoperability, and community incentives, Blocto and $BLT are pioneering a new era in blockchain accessibility for developers and regular users alike.