What IsBlizzard Network (BLIZZ)?

Blizzard Network (BLIZZ)is a yield aggregator platform that utilizes an auto-compounding function and aims to increase yield farmreturns. The protocolruns independently without receiving any special attention from the user. Here, the user generates liquidity and places the tokens in the Blizzard vault, and the platform then seeks to collect the rewards, retrade them, and the value placed in the vault aims to grow. Thus, an optimal growth curve is created by the protocol, which is difficult to create manually.

Blizzard identified that maximizing yields on the farming pools is a time-consuming task. However, by compounding yields, the users often receive rewards immediately but utilize a significant amount of gas fees. The problem here comes in the form of time and gas. Blizzard seeks to utilize the protocol to handle compounding and reduce time for the user. Also, by merging the whole pool in a single transaction, far less gas is required to handle accounts individually. Furthermore, the team that handles compounding seeks to increase the security and avoid the vulnerability in other yield aggregators.

The platform of Blizzard seeks to allow users to leverage the advantages of the compound yield. The platform aims to allow users to calculate returns for pools and vaults based on real performance rather than asset price and block speed assumptions. Meanwhile, return varies on factors such as emission rate in the pooled project and underlying asset value. Also, the Blizzard vault seeks to trade pool rewards, acquire liquidity provider (LP) tokens, and add those tokens to the pool. When the value of underlying assets drops, users witness a drop in the listed value of LP, even though the number of tokens increases. When the value becomes normal, growth is evident in both LP size and dollar value.

BLIZZ is the official cryptocurrencythat functions as the governance tokenand a reward within the platform. The users can utilize tokens to vote on proposals forwarded by the developers and community based on the amount of weight each person has stakedin the governance pool. The share of profit of every user is proportional to the user's share in the pool. Furthermore, the rewards from the governance pool seek to come from the vault performance fees, while profits seek to be paid in AVAX.