Token
$BELOS
The token projects stake to post smaller bonds, bought back and burned with 30 % of every swap fee.
Follow updates on X
Status
$BELOS is not launched. There is no contract address. Anyone sharing one is scamming you.
Launch venue: Clover. Date: around Elysium mainnet, announced only on X.
Utility
Bond discount. A project that stakes $BELOS in the Listing contract posts a smaller HYPE bond. The discount grows linearly with the stake up to 50 %, which creates demand from projects, not only from traders.
Buyback-and-burn. 30 % of every swap fee on every Belos pool goes to the Treasury in HYPE. After launch, 100 % of that share buys $BELOS and burns it.
What it is not
No governance over fee splits. The 50 / 30 / 20 split is three constants in the FeeRouter contract and no vote can change them.
No revenue to the team. The protocol's share of fees goes only to buybacks.
No presale. There is nothing to buy before the launch on Clover.
Treasury
Reserved for $BELOS buybacks
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Held by the Treasury contract. Buybacks stay disabled until $BELOS launches.
Received, lifetime
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30 % of every swap fee.