τBitcoin price

ΤBTC

τBitcoin brings Bitcoin to DeFi and its price will be 1:1 pegged to that of Bitcoin. Backed by institutional miners representing 12% of Bitcoin’s global hashrate, τBitcoin will be a synthetic Bitcoin uniquely suitable for DeFi use cases.

Total initial liquidity of τBitcoin is proposed to be set at 2,100. Here are launch parameters of τBitcoin initial liquidity event proposed; all time intervals are approximated by block accounts: * Earned by staking BTCSTs: 1,050 (50.00%); distributed over 8 weeks; rewards halve weekly (determined by block counts). * Earned by staking BTCBs: 21 (1.00%); distributed over 8 weeks; rewards halve weekly. * Earned by staking τBitcoins: 84 (4%); distributed over 8 weeks; rewards halve weekly.

Airdrop parameters of τBitcoin proposed; all time intervals are approximated by block accounts: * One-time airdrop to PancakeSwap Syrup Pool: 10.5 (0.5%); distributed following Syrup Pool rules; users may visit PancakeSwap’s syrup pool to claim syrup pool airdrops. * Airdropped to PancakeSwap BTCST-BNB Liquidity Providers: 10.5 (0.5%); distributed over 8 weeks; rewards halve weekly; to be eligible for a week’s BTCST-BNB LP airdrop, a user must be a BTCST-BNB LP on PancakeSwap for the preceding week and maintained at least USD 1000 in BTCST-BNB liquidity; the amount of tBitcoin airdrops that a user is eligible to receive is proportional to the user’s average balance of BTCST-BNB LP Tokens for the preceding week. * Airdropped to BTCST holders: 84 (4%); distributed over 8 weeks; rewards halve weekly; to be eligible for a week’s BTCST Holder airdrop, a user must hold BTCST in a personal wallet (exchange accounts and other similar custodian accounts are ineligible for the airdrops) for the preceding week and maintained at least USD 1000 of average BTCST balance; the amount of BTCST Holder airdrops that a user is eligible to receive is proportional to the user’s average balance of BTCSTs for the preceding week. * BTCST’s new version of dApp will feature an Airdrop page to allow users to connect their wallets to view and claim BTCST-BNB and BTCST Holder airdrops.

τAsset treasury will reserve 840 (40%) of τBitcoin’s initial liquidity for community grants and other ecosystem building purposes.