The BSX Protocol is a decentralized exchange (DEX) focused on derivatives trading, built on the Base Layer-2 blockchain. It provides a platform for trading perpetual futures (perps), allowing users to speculate on asset prices without expiration dates.

BSX Protocol aims to offer a high-performance, low-latency trading experience with near gasless transactions. It includes features like Collateral Swap for efficient collateral management and plans to expand its offerings to include a spot aggregator and other yield-generating DeFi products.

The protocol is designed to empower traders with tools for efficient, scalable, and innovative financial interactions while leveraging Ethereum’s robust Layer-2 infrastructure for enhanced scalability and cost-effectiveness.

$BSX Tokenomics Design:

The $BSX token has a total supply of 1 billion tokens, distributed as follows:

Community Allocation (51.7%):

Airdrop (10%): Distributed to traders at the Token Generation Event (TGE).

Platform Incentives (21.2%): Reserved for traders over a 60-month period.

Community Treasury (20.5%): Funds protocol development, liquidity reserves, and community programs.

Contributors, Partners, and Investors: The remaining tokens are allocated to these stakeholders, subject to a multi-year vesting schedule to ensure long-term commitment to the project's success.

The $BSX token serves multiple functions within the ecosystem:

Staking: Users can stake $BSX to unlock governance rights and earn additional incentives.

Governance: Token holders participate in protocol governance, influencing future developments and decisions.

Incentives: A substantial portion of the token supply is designated to reward traders, promoting liquidity and active participation on the platform.

This tokenomic structure is designed to align the interests of all stakeholders, fostering a sustainable and community-driven ecosystem.

📌 $BSX Spot trading link: https://www.gate.io/trade/BSX_USDT and note $BSX listing time:
2025/1/16 10:00 (UTC)
📌 $BSX Startup Mining airdrops, hold $GT staking to claim up to $1 Million token rewards: https://www.gate.io/announcements/article/42525

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