# $BLP Token

Bluespade Liquidity Pool ($BLP) is the native liquidity token of Bluespade. It is a single stake token minted only with USDC, so 1 $BLP= 1 $USDC. As such, its value will always be the same as USDC.

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$BLP acts as the counterparty of all trades that are executed on Bluespade and earns a larger proportion of protocol revenue as compared to $BLU. BLP earns 50% of the fees generated daily. You can buy BLP on the buy page

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<https://www.bluespade.xyz/#/buy\\_blp&#x20>;

<mark style="color:orange;">$BLP will be automatically staked when buying it.</mark>\
Staking $BLP receives 50%  of the protocol revenues paid in <mark style="color:blue;">$ETH or $USDC</mark>