# BloodyToken (BLOODY)

> BLOODY is a deflationary elastic experiment that clots if it doesn’t circulate.
How does clotting work?
Whenever the BLOODY transfer volume increases, everyone’s BLOODY balance gets a little bit bigger, whenever the BLOODY transfer volume decreases, everyone’s BLOODY balance gets a little bit smaller.
How is it deflationary?
Whenever there’s a BLOODY transfer, it spills. The faster it circulates, the higher the spill rate.
How often are rebases?
Hourly. After a rebase, transfers are frozen for 5 minutes.
How are BLOODY liquidity providers incentivized?
Half the spills are redistributed to BLOODY liquidity providers (up to 6% of ANY transfer).
A BLOODY-ROT pool will be added to Rottenswap on Halloween.
How is BLOODY initially distributed?
BLOODY cannot be minted, it is distributed once on Oct 27th 2020 to ROT holders with a balance above 7,500. The snapshot block (11106871) was chosen at random https://twitter.com/TheTimTempleton/status/1320722096578727937
20% of airdrop supply is allocated to a marketing/dev fund for the ROT ecosystem (was requested and voted on in multiple governance proposals, not my personal preference).
Are contracts audited?
BLOODY is written 100% from scratch, not tested nor audited. It is NOT secure, use at your own risk.
What does it BLOODY do?
Nothing, it is an experiment with no purpose.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: 46.18M BLOODY
- **Total Supply**: 648,488.196 BLOODY

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://bloodyfi.org/)
- [Etherscan](https://etherscan.io/token/0x892f5a0b08bb7b1eecccc63ef3916ff201c93664)
- [Coingecko](https://www.coingecko.com/en/coins/bloody-token)

## Links

- [View on Zerion](https://app.zerion.io/tokens/BLOODY-0x892f5a0b08bb7b1eecccc63ef3916ff201c93664)
- [Trade on Zerion](https://app.zerion.io/tokens/BLOODY-0x892f5a0b08bb7b1eecccc63ef3916ff201c93664)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset