bZx (PreICO) (BZX) ICO

updated 13 July 2018

Protocol for Next-Generation Relays

Token sale info
Status: ended
Start: 01 May 2018
End: 14 August 2018
Cap: 30 000 000 USD
Goal: No info
Price: 1 BZX = 0.0073 USD
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bZx (PreICO)

About bZx

bZx is not itself an exchange, but a protocol that can be integrated into the current exchange infrastructure. Exchanges and relays are incentivized by fees denominated in the BZRX protocol token (BZRX) to offer decentralized margin lending and margin trading services. Assets are valued and liquidated via competing oracle providers. By decoupling the valuation and liquidation of assets from the protocol, the oracle marketplace approach allows competition to drive the oracle provider fee to its marginal cost while encouraging experimentation and flexibility.