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BIT

ABOUT BITONITE 


Bitonite is at its core a copy-trading platform designed to help crypto investors grow their portfolios by following successful and trustworthy traders. We provide a range of products and services designed to cater to the diverse needs of our clients. Through decentralization, Bitonite has created the DAO token BIT, which plays a significant role in the Bitonite ecosystem.

BIT USE CASES

Governance: 
 Through governance, we aim to avoid a centralized administration by placing full authority in the hands of the involved users. To ensure the success of the project, $BIT was created as a governance token that ensures only users who are truly committed to the project can participate. Users acquire $BIT tokens, which represent their share in the DAO, by exchanging money for voting rights. This ensures that all participants act honestly and have a genuine interest in the DAO.

Farm: 
 Farming is a rewarding method to earn $BIT tokens. It involves depositing two tokens as liquidity, receiving LP tokens and then depositing them in the farming section to earn $BIT rewards.

Staking: Use your $BIT tokens to earn more $BIT tokens and benefit from additional advantages and discounts in the ecosystem. These two options provide you with a way to multiply your earned $BIT tokens and use them to your advantage in the BIT ecosystem.

Flexible Vesting: If you are an early user, you have been granted Bitonite EsBIT tokens that you can convert to $BIT tokens. These EsBIT tokens are snapshots for our community. The flexible vesting option we provide allows you to always have access to your deposited $BIT tokens. This implies that you can leave the vesting period at any time to use your $BIT tokens for other purposes. Once you have deposited your $BIT tokens into the flexible vesting system, you will have the opportunity to claim 1/365 of your EsBIT token holdings in $BIT tokens daily. This process will continue until you either end your vesting period early or convert all EsBIT tokens to $BIT tokens. You have the option to either deposit the same amount of EsBIT tokens into $BIT tokens for the flexible vesting system or a smaller amount.

Bitonite represents a well-thought-out and comprehensive concept that caters to the needs of both newcomers and experienced experts alike. The company opens the doors to the exciting possibilities of crypto copy trading, while simultaneously providing essential tools and resources such as staking and farming. These tools are crucial for establishing a strong footing in the dynamic and burgeoning field of cryptocurrency.

This extensive and user-friendly approach offers a unique platform that not only eases the entry into the world of crypto trading but also allows advanced users to further develop and refine their strategies.