BlueSale Finance
  • πŸ”Introduction
  • πŸ”Private Sale
  • πŸ“’Public Sale
  • πŸ“žContact Us
  • πŸ”—Official Links
  • πŸ—ΊοΈRoadmap
  • πŸ‘”Affiliate Program
  • Get Started
    • πŸ“–Get Started on Arbitrum
    • πŸ“˜Get Started on BlueSale
      • BlueSale Launchpad
      • xBLS
        • Dashboard
        • Get xBLS
        • Redeem xBLS
      • xBLS Plugins
        • Dividends
        • BlueSale Elite Club
    • ❓FAQ
      • BLS and xBLS Tokens
      • xBLS Plugins
      • Launchpad
  • Project Launching
    • πŸ› οΈToken Creation
    • πŸš€Launchpad
      • Create a Launchpad
      • Update a Launchpad
      • Finalize a Launchpad
      • Cancel a Launchpad
      • Add/Remove Whitelist
        • Enable Whitelist
        • Disable Whitelist
        • How to add Whitelist
        • How to remove Whitelist
      • Create a Presale using Stablecoin
      • Manual Listing
        • Create A Presale (Manual Listing)
      • Auto Listing
        • Create A Presale (Auto Listing)
    • β˜•Presale Vesting
      • Team Vesting Guide
        • How to lock team tokens
        • How to claim
      • Presale Vesting Guide
        • How to create presale vesting
        • How to claim
    • πŸ’°Investing (for investors)
      • How to participate in a Presale
      • How to claim tokens
      • Withdraw contribution
      • Urgent Withdraw
    • πŸͺ‚Airdrop
      • Create an Airdrop
      • Claim Airdrop
    • πŸ€–Anti-bot
    • πŸ”’Token Locks
      • Create Liquidity Token Lock
      • How to unlock
    • πŸ”€Multi-Sender
    • πŸ“„Service Fees
    • πŸ“ƒBlueSale KYC & Audit
    • β˜€οΈBlueSale Trending
  • Plugins
    • πŸ†xBLS Plugins
    • 🏦Dividends
    • πŸ’ŽBlueSale Elite Club
    • πŸ‘₯Community Plugins
  • Tokenomics
    • πŸͺ™BLS
    • πŸ”’xBLS
      • How to use xBLS
      • Conversion
      • DAO Governance
    • 🏦Platform Earnings
    • πŸ”₯Deflationary Mechanisms
  • References
    • πŸ”Audit
    • πŸ—ƒοΈMedia Kit
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  • Allocations
  • Transfer
  1. Tokenomics
  2. xBLS

How to use xBLS

Even though xBLS is not liquid and can't be traded right now, it can be used through plugin allocations and may have other uses in the future on approved (whitelisted) contracts.

Allocations

Users have the freedom to allocate their available xBLS to any plugin of their choosing to reap its benefits. However, while xBLS is allocated and deposited on the token contract, it cannot be used for any other purposes.

If a user chooses to deallocate their allocated xBLS, the amount will be promptly returned to their wallet.

A default 0.5% fee will be applied when deallocating xBLS.

Transfer

By default, xBLS cannot be transferred unless the addresses involved are whitelisted. This protocol is in place to make sure that important interactions with the token contract, such as allocations and redemptions, can still be done. Additionally, this feature allows for potential future use cases with specific partner implementations.

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Last updated 2 years ago

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