xBONZO XBONZO
XBONZO
0.009694
$
0.90 %
Change 24h
Market Cap
$ 371,666
Volume 24h
$ 761.97
Circulating Supply
38,337,900
Total Supply
42,619,000
XBONZO
$
Description
Bonzo 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.