After community discussion, our Ops team proposed the "Blend Methodology" to decide which assets qualify for the Blend Basket.
You can learn more about the research done in 2019 by the Ops team on our Medium channel; review our updated research pieces (April 2020) here:
More information about the Blend Basket and the Blend Methodology is available on the Blend website for qualified participants.
Blend is not available for "U.S. Persons", if eligible you can visit the Blend site to learn more about purchasing BLND.
Since BLND represents a collateralized basket of PoS assets, there is a fluctuating NAV (Net Asset Value) associated with it. To make sure our community is in line with the price of BLND we created a dashboard to show a live representation of the BLND NAV.
The Blend dashboard includes:
Summary of Total AUM (USD), Blend NAV (USD), and Blend Supply.
Basket breakup into the 3 tokens with the USD amount per token.
Addresses of wallets and delegations to validators
3. Burn and Buyback Auctions
Blend offers 2 types of Buyback mechanisms:
Burn / Buyback Auction Model Rewards from PoS tokens are used to buyback and burn BLND from registered holders through BLND auction buybacks.
Optional BLND Buybacks at NAV process As designated by the StakerDAO Council, registered holders may participate in BLND buybacks.
Blend is not available for "U.S. Persons", if eligible you can visit the Blend site to learn more about BLND Buybacks.
Coming soon! We are working on an API for the BLND NAV that can be shared on DEXs, Wallets, dApps, websites etc.
This is the offical BLND contract Ethereum address:
This is the ONLY address; please be aware of scammers!
This notice does not constitute an offer of any securities for sale. BLND is not offered and may not be sold to or for the benefit of any “U.S. person” as that term is defined under U.S. securities law. If you are a U.S. person you may not purchase BLND.