Blur (BLUR)

Tokenomics & Utility

Supply and distribution

Blur’s token plan began with 3 billion BLUR minted at genesis. The foundation assigned 51% to the community, 29% to past and future core contributors, about 19% to investors, and about 1% to advisors. These rounded percentages describe the original allocation. Contributor and investor allocations followed four-year vesting schedules, while advisors had schedules lasting four to five years. Vesting spreads access to an allocation over time rather than making it all available at once. (docs.blur.foundation)

The community share includes an initial 12% allocation for eligible traders, earlier users, and creators. The remaining 39% was set aside for a community treasury that could support incentives, grants, and other initiatives. Blur has used token rewards as part of its approach to encouraging participation in the marketplace. (docs.blur.foundation)

What holding BLUR does

BLUR’s documented role is governance. Voting power is based on the number of tokens a person holds or receives through delegation. Delegation means assigning voting power to an address, which can be the holder’s own address. Blur’s governance process provides for discussion, a preliminary community vote, and an on-chain vote for proposals that require execution. (docs.blur.foundation)

Governance powers include decisions about certain marketplace and Blend protocol fees, treasury grants, and parts of the voting process itself. A holder’s ability to vote is different from a right to a fixed payment from marketplace activity. Community discussions have explored other ways to use BLUR, including changes to fees and voting arrangements; the token’s documented governance role remains the clearest basis for understanding its utility. (docs.blur.foundation)