# Blue Protocol (BLUE)

> BLUE Protocol is a decentralized reserve currency system built on BNB Chain, forked from Olympus DAO. The protocol maintains a treasury-backed reserve currency called BLUE, where each token is backed by a diversified treasury of reserve assets including BOOK tokens, BUD stablecoin, BNB, and liquidity pool tokens.

The protocol operates through a rebasing mechanism that provides staking rewards to participants. Users who stake BLUE tokens receive sBLUE, which automatically rebases every 4 hours at a rate of 0.286% per epoch, targeting an annual percentage yield of 50,000%. The protocol features six rebases daily, with rewards auto-compounding without requiring user action.

## Price Data

- **Current Price**: $0.04
- **Market Cap**: $63.08K
- **Fully Diluted Valuation**: $63.08K
- **Circulating Supply**: 1.60M BLUE
- **Total Supply**: 1.60M BLUE

## Price Changes

- **24h**: +0.00%
- **30d**: -0.44%
- **90d**: -0.92%
- **365d**: N/A

## Chain Availability

Available on: binance-smart-chain

## Resources

- [Website](https://www.bluebnb.xyz)
- [Coingecko](https://www.coingecko.com/en/coins/blue-protocol)

## Links

- [View on Zerion](https://app.zerion.io/tokens/BLUE-07873afc-812a-4cec-8b86-ed16731ee888)
- [Trade on Zerion](https://app.zerion.io/tokens/BLUE-07873afc-812a-4cec-8b86-ed16731ee888)

## 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