xBONZO
XBONZO#3192
$0.016
24H -1.3%7D -12.6%30D -13.8%
BLOCKINSIDERLoadingBonzo Finance is The Liquidity Layer of Hedera — an open source, non-custodial DeFi protocol in the Hedera ecosystem, offering access to lending, borrowing, staking, yield strategy vaults, bridging, and more. xBONZO is a a liquid receipt token, received when users single-sided stake BONZO.
The ratio of xBONZO-BONZO began at 1:1 and increases over time as the staking mechanism automatically compounds via distributions from community rewards treasury and the protocol's automated BONZO buyback mechanism, with funds sourced from protocol fee generation..
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