BLP Token
BLP, Beamex Liquidity Provider Index Token, is the platform's native liquidity provider asset.
The BLP token represents an index of assets used to support swaps and leverage trading on Beamex and is composed of:
ETH (15%)
BTC (5%)
DOT (20%)
GLMR (10%)
USDC (35%)
xcUSDT(15%)
You can mint BLP using any index asset or burn it to redeem any index asset.
The index tokens and weights can change at any time, the most updated values can be seen here
Buy and Stake BLP
To purchase BLP tokens, go to https://beamex.exchange/#/add_liquidity. You can buy it with BTC, ETH, GLMR, DOT, USDC and xcUSDT.
You can also stake BLP as LP tokens to supply liquidity to traders that trade with leverage. When such traders suffer a loss, BLP holders earn a profit and vice versa.
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