Bellevue Network Introduction
Bellevue Network is The First Price-Reactive Crypto With Governance.
The tokens supply is reactive to the market price, this helps safeguard against market volatility. The price-reactivity is directly connected with stakers rewards, so when the price of the token is increasing, the supply increases and stakers are rewarded with the extra minted tokens.
To counter-act the increasing supply according to price-reactivity, the protocol utilizes a deflationary element. Tokens are subject to a random 7-9% fee for wallet to wallet transfers, as well as penalty fees for unlocking tokens from the staking pool. When the tokens price is not positive, no new coins are created.
Bellevue protocol decentralizes it’s funding through a fully transparent, community DAO treasury. Holders with 500 or more BLV tokens can cast their votes on how project funds should be spent for such things as exchanges, marketing and partnerships.