BLANK Token Metrics Updated
The Blank wallet project and the team have made great strides since its inception. We have released our $BLANK token on Uniswap.io, Gate.io, and PancakeSwap. Our community has grown to over 23,000 Twitter followers and 40,000 Telegram members. A lot more is coming and our roadmap can be found on our website.
In short, a lot has changed for the Blank Wallet and $BLANK token. As so, we decided to improve and update our official $BLANK tokenomics.
A quick recap on $BLANK
As most of you already know, Blank wallet is a blockchain-based project that aims to bring complete and easy-to-use privacy features to Decentralized Finance (DeFi) users. To do so, the team has worked on a user-friendly wallet extension that can be used with normal transactions and additional privacy features
The $BLANK token itself is not a privacy coin. It is a simple token that offers additional features and benefits to its holders, allowing the Blank wallet to build and cater to its community and create additional incentives to use the wallet and rewarding users for doing so. These benefits include discounts on privacy features, early-access to new features and incentive programs, and much much more. More info on these benefits can be found here.
Updated Tokenomics
As previously mentioned, we have updated the tokenomics. This is a simple and brief update described below.
We have shifted $BLANK fee collection and distribution from:
- 1/3 to Company Reserve
- 1/3 to Uniswap LPs (and later on Privacy LPs upon our own Smart Contract launch)
- 1/3 bought and burned
To
- 50% Uniswap LPs (and privacy LPs)
- 50% bought and burned
We believe that this change will benefit the $BLANK token and its holders. It’s important to note that the company will not take revenues until further notice.
We’d love to hear your thoughts about these changes so feel free to discuss them on our official Telegram group!
About Blank
Blank is the most private, non-custodial Ethereum browser extension wallet.
Blank allows the user to easily interact with privacy smart contracts on Ethereum to hide the amounts and the origins of cryptocurrency held, in a decentralized, non-custodial, and frictionless manner.
Blank solves the problem of privacy in crypto transactions. Each time you want to make a withdrawal, Blank will create a new wallet address for you with the amount of crypto that you requested. This address originates from the smart contract where everyone’s funds are pooled. All of this is achieved using cryptographic proofs to ensure that the user cannot be linked with the original depositing address.
With crypto transactions increasing, on-chain transaction privacy is being highly discussed to keep you safe from exposing yourself. Blank has developed a system that adds the ultimate protective layer to your crypto transactions while facilitating every function that other wallets offer.
Anyone can easily install Blank and start reaping the privacy benefits in no time at all. Besides the smart contract functionality, Blank wallet offers a higher level of privacy due to Tor integration. Upcoming functionality includes DeFi web3 integrations as well as support for Metamask Snaps Plugins to allow for seamless connectivity and usage.
Reclaim privacy on your Ethereum transfers. Go Blank.
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