What is BZRX?

BZRX is the governance token of bZx Protocol, a DeFi platform that enables users to trade or lend crypto through tokenised loans (iTokens) and tokenised positions (pTokens). The BZRX token is used to vote on protocol upgrades, reward participation, and incentivise protocol usage. Any active users will be repaid 50% of their platform fees in the form of BZRX.