Bolide price BLID
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Self-reported circulating supply
- 2,108,873,312 BLID
- Total supply
- 9,889,820,984 BLID
- Max. supply
- --
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About Bolide
What is Bolide?
Bolide emerges as a multifaceted platform within the cryptocurrency and blockchain ecosystem, focusing on enhancing the accessibility and usability of decentralized finance (DeFi) for users across the globe. At its core, Bolide is designed as a stablecoin, uniquely backed by ETH derivatives rather than centralized assets, ensuring its stability against the US dollar through market-driven mechanisms. This approach not only underscores its commitment to decentralization but also highlights its resilience and censorship resistance, key attributes in the ever-evolving DeFi landscape.
Expanding beyond its stablecoin foundation, Bolide has evolved into a comprehensive decentralized and cross-chain cryptocurrency investment platform. It offers a self-custody DeFi app, enabling users to hold, track, and manage their crypto assets with ease and security. This platform is built with the vision of lowering the barriers to cryptocurrency adoption, making it more accessible to a broader audience.
The Bolide team, with its deep expertise in blockchain technology and finance, has developed a suite of tools aimed at simplifying the DeFi experience. These tools are designed to provide users with smart, simple, and secure solutions for growing their crypto holdings. From intuitive features and expert guidance to automated tools that manage the complexities of DeFi on behalf of the user, Bolide positions itself as a comprehensive hub for all things crypto.
In essence, Bolide represents a significant step forward in making DeFi more accessible and user-friendly. Its combination of a stablecoin backed by ETH derivatives and a platform offering a wide range of DeFi services and tools exemplifies the innovative spirit of Web3. Bolide is about empowering users with the means to securely and efficiently navigate the DeFi space, embodying the principle of DeFi done better.
How is Bolide secured?
Bolide employs a multifaceted approach to ensure the security of its platform and users' assets. One primary method is the integration with hardware wallets, which are known for their robust security features, allowing users to store their assets offline and reduce the risk of online threats. This feature is particularly important for users seeking an added layer of protection for their digital assets.
In addition to hardware wallet support, Bolide enhances its security through several other measures. The platform utilizes a crypto vault, which acts as a secure storage solution for cryptocurrencies, safeguarding them from unauthorized access. Smart contract audits are another critical aspect of Bolide's security strategy. These audits are conducted by independent third parties to examine the smart contracts for vulnerabilities, ensuring they function correctly and securely.
Transparency in exchanges is also a key component of Bolide's security framework. By maintaining clear and open communication about transactions and activities on the platform, Bolide fosters trust and reliability among its users. The use of high-quality cameras and intelligent monitoring functions further bolsters security, enabling the platform to monitor activities closely and respond swiftly to any suspicious behavior.
Moreover, Bolide adheres to strict policies for protecting personal data, ensuring that users' information is handled with the utmost care and confidentiality. This comprehensive approach to security, combining technological solutions with rigorous policies and procedures, positions Bolide as a secure and trustworthy platform for engaging with DeFi.
Bolide's commitment to making DeFi accessible, smart, simple, and secure is evident in its suite of tools and features designed to empower users. By prioritizing security through various measures, Bolide provides a safe environment for users to hold and grow their crypto, embodying the essence of Web3 and DeFi done better.
How will Bolide be used?
Bolide is positioned as a comprehensive solution within the cryptocurrency and decentralized finance (DeFi) sectors, aiming to simplify and enhance the user experience in managing digital assets. It serves as a neo-banking platform, designed to cater to the evolving needs of the market, by integrating a variety of features that address both traditional and innovative financial activities.
The platform is structured to offer automated returns on cryptocurrency holdings, which is a significant draw for investors looking to maximize their earnings on digital assets without the need for constant market monitoring. This automated mechanism is designed to optimize returns based on prevailing market conditions, making it an attractive feature for both novice and experienced investors.
In addition to investment returns, Bolide facilitates easy and quick transfers between individuals. This feature is particularly useful for users seeking to share or transfer funds with friends or family members within the crypto ecosystem, streamlining the process and enhancing user convenience.
For those interested in more advanced trading strategies, the platform provides margin trading options. This allows users to leverage their positions in the market, potentially increasing their returns while also introducing a higher level of risk.
Retail payments represent another key aspect of Bolide's functionality, indicating its ambition to bridge the gap between cryptocurrency and everyday transactions. This feature aims to make it easier for users to make purchases using digital currencies, pushing forward the adoption of crypto in mainstream retail environments.
Lastly, Bolide incorporates NFT trading into its suite of services, tapping into the burgeoning market of non-fungible tokens. This allows users to buy, sell, or trade NFTs, which have become a significant aspect of the digital asset landscape, offering a new form of asset ownership and investment opportunity.
In essence, Bolide is carving out a niche as a versatile platform that not only simplifies the management of digital assets but also broadens the scope of what can be achieved within the DeFi space. It aims to make decentralized finance more accessible and practical for a wider audience, by providing a secure, intuitive, and comprehensive platform for managing a diverse range of crypto-related activities.
What key events have there been for Bolide?
Bolide has marked its presence in the cryptocurrency and blockchain space through a series of significant events and developments, showcasing its commitment to enhancing the DeFi experience for its users. Among these, the introduction of Bolide Season Pass NFTs stands out as a notable initiative, offering users unique benefits and experiences within the Bolide ecosystem. The platform also engaged its community through thematic campaigns, such as the Bolide Halloween Campaign, further enriching user interaction by distributing rewards to Halloween campaign NFT airdrop winners.
Another key aspect of Bolide's engagement strategy includes the Bolide Raffle ticket claim, where participants had the opportunity to win prizes, highlighting the project's focus on community involvement and reward mechanisms. The announcement of NFT Raffle Winners further exemplified this, showcasing Bolide's commitment to transparency and community rewards.
Ensuring the security and reliability of its platform, Bolide has successfully passed multiple smart contract audits, with notable audits conducted by reputable firms in September 2023 and July 2023. These audits underscore Bolide's dedication to maintaining a secure and trustworthy environment for its users.
Bolide's roadmap outlines future developments, signaling ongoing innovation and improvement of its offerings. The platform has also implemented various incentives and events, such as the Bolide Referral Program Instructions, aimed at expanding its user base and fostering a vibrant community.
It's important for potential investors and users to conduct thorough research and consider the inherent risks before engaging with cryptocurrency investments. Bolide's approach, focusing on security, community engagement, and continuous development, reflects its ambition to provide a comprehensive and user-friendly DeFi experience.