Blizzard Network, Yield aggregator built on Avalanche. The primary aggregation platform for Avalanche returns info and direct access to the platform.
Blizzard Network is an advanced yield accumulator that helps users (even with little technical know-how) to achieve an optimised farming adventure, helping them to farm and stake.
Imagine being able to exploit your assets and harvest your returns autonomously, quickly and efficiently, with the ability to use the multiple pools of Avalanche Dexes, Pangolin and Trader Joe. All the while being able to determine the best time to reinvest.
An unparalleled opportunity to earn passive income on the Avalanche Channel – This is Blizzard.
Blizzard Network, let’s discover the concept in more detail:
Blizzard is an advanced yield accumulator that helps users (even with little technical know-how) to achieve an optimised farming adventure, helping them to farm and stake.
An unrivalled opportunity to earn passive income on the Avalanche Chain
Taking their profits and yields relatively higher than the regular farmer on avalanche.
Our yield aggregator will not only provide the benefits of enhancing your farming, but accelerating your outputs and allowing for some crypto-trading experience at the same
time. This is yield farming reimagined.
Blizzard Network, here is its token, BLIZZ
BLIZZ is going to be a governance token and will be available in the vaults as well. BLIZZ will be used to vote on proposals made by developers and/or the community. In order for vault users to be earning passive income, BLIZZ needs to be inflationary.
Token sale allocation:
Initial BLIZZ supply will be 600.000 BLIZZ tokens. 40% of the tokens go to liquidity, 50% is what is sold in presale, 8% goes to the team, 1% is airdropped to the gold and diamond LIGHT holders, and the final 1% is left for a bug bounty program.
In the vaults, users will earn AVAX from fees. For every 1 AVAX earned in the vaults, 225 BLIZZ is minted and put back in the vaults.
Blizzard provides vaults for single assets (At the moment PNG, JOE and BLIZZ). In BLIZZ vaults, users are able to earn high yields since the 30% performance fee on other LP vaults is what is collected and given out as the reward for the BLIZZ pool.
Users holding BLIZZ will control the market and will get rewarded with most of the performance fee profits from the farm. BLIZZ holders are to stake their tokens in the BLIZZ Governance Pool so as to receive the profits in AVAX.
The amount of BLIZZ you have staked and your percentage share in the pool are what determines the amount of profits you receive. Consequently, staking more BLIZZ gives you more impact in the whole ecosystem.
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