Buy Blackhole (BLACK)

What is Blackhole (BLACK)?

Blackhole (BLACK) is a decentralised exchange (DEX) and liquidity protocol built on the Avalanche C-Chain, designed to maximise capital efficiency, reward alignment, and sustainable liquidity growth. The platform uses an advanced ve(3,3) tokenomics model that combines vote-escrowed governance and game-theory mechanics to balance emissions, liquidity incentives, and protocol control.

The BLACK token serves as the native utility asset of the ecosystem, powering staking, governance, and emissions distribution. Users can lock BLACK to mint vote-escrowed NFTs (veNFTs), which grant voting rights, governance influence, and access to yield rewards. This structure encourages long-term commitment and aligns user incentives with the protocol’s overall health and growth.

How does Blackhole (BLACK) work?

Blackhole operates on Avalanche’s Proof-of-Stake (PoS) network, providing fast, low-cost, and energy-efficient transactions. It features multiple automated market maker (AMM) pool types — including stable, variable, and concentrated pools — designed to enhance liquidity and reduce slippage across different asset pairs.

The ve(3,3) model allows users to lock BLACK tokens to receive veNFTs, representing both governance power and emission control. Holders of veNFTs can vote on which liquidity pools receive weekly token emissions, influencing yield distribution and trading activity.

The protocol also introduces Supermassive veNFTs, created through permanent BLACK burns, granting holders enhanced governance power and higher staking rewards. This burn-to-boost mechanism strengthens token scarcity while rewarding deep participation.

Through its integrated governance, liquidity mining, and veNFT system, Blackhole creates a self-reinforcing ecosystem that prioritises long-term sustainability over short-term speculation.

What are the potential use cases for Blackhole (BLACK)?

Blackhole supports a wide range of use cases across the Avalanche DeFi ecosystem:

• Liquidity provision — supply assets to AMM pools to earn fees and emissions.
• Governance participation — vote on protocol parameters, emissions, and pool allocations via veNFTs.
• Staking and rewards — lock BLACK for yield opportunities and voting rights.
• Bribe markets — projects can offer incentives to veNFT holders to direct emissions to specific pools.
• Genesis Pools — support new project launches and token listings through controlled liquidity events.

These mechanisms position Blackhole as a capital-efficient DEX that rewards community engagement and long-term alignment between traders, liquidity providers, and protocol stakeholders.