BLD is the native token of the Agoric chain, a foundational asset to the network that enables staking, voting, and governance activity within the Agoric ecosystem. It is supported across various platforms, including self-custody wallets, institutional custodians, decentralized exchanges, and centralized exchanges.
BLD's Role in Network Security
Staking BLD is essential for validating transactions as well as maintaining the security and stability of the Agoric network. By staking BLD tokens, BLD stakers contribute to the network's security while earning staking rewards, aligning their interests with the health of the blockchain.
Agoric Governance Participation with BLD
BLD also empowers token holders to actively participate in governing the Agoric ecosystem. By voting on governance proposals, BLD holders contribute their voice to the future development and policy decisions of the Agoric network, letting community members dive in and take part in blockchain governance.
Explore governance topics: https://community.agoric.com
BLD Staking Rewards
Holders of staked BLD are rewarded for staking through the issuance of BLD tokens and fees generated by Inter Protocol. This reward mechanism encourages ongoing participation in the network's growth and security.
Read our whitepaper: https://agoric.com/whitepaper
Utility and Accessibility of BLD
Multiple wallet solutions support BLD, facilitating ease of transaction and interaction with the Agoric network. These include browser extensions, mobile app wallets, and integration with popular wallets like Keplr, Leap, and MetaMask.
Explore available wallets: https://agoric.com/economy
BLD Token Supply and Circulation
As of Q4 2023, the total supply of BLD tokens in the Agoric ecosystem stands at 1,060,000,000, with a circulating supply of 649,159,296 BLD. These figures evolve, so make sure you find the most relevant and up to date information by visiting the Big Dipper block explorer.
BLD plays a multifaceted role in the Agoric blockchain ecosystem. The token’s contributions to network security, governance, and as the foundation for the Agoric economy demonstrate its importance as a native token. As Agoric continues to evolve, BLD remains a crucial element of the platform’s community governance and economic growth.