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FIRE BITCOIN

FIRE BITCOIN

Created using Figma
Decentralized Perpetual Contract
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Vindax
    FBTC/USDT 2 one year ago
    $ 0.0003
    $ 291.70
    -
    -
To be announced
Token Details
Total supply
10,000,000
Additional Details
Platform
BEP20
Categories
Platform

About FIRE BITCOIN

  • FBTC

    FBTC is Fire Bitcoin's BEP-20 native Binance Smart Chain Network Token.

  • Staking

    FBTC holders can stake FBTCs to help provide a backstop for the protocol. In return, stakers are rewarded with part of the transaction fees plus staking rewards.

  • Governance

    Once the ecosystem is matured and there is broader token distribution, Fire Bitcoin will gradually transit to community governance and let the community decide the future development of the protocol.

    How does Fire Bitcoin Work?

    • Fire Bitcoin is composed of two parts: PancakeSwap-inspired Virtual AMMs backed by fully collateralized vaults and a built-in Staking Pool that provide a backstop for each virtual market.

    • Traders

      Similar to trading on PancakeSwap, traders can trade with Virtual AMMs directly without counter-parties. Virtual AMMs provide guaranteed on-chain liquidity with predictable pricing set by constant product formula.

    • Stakers

      FBTC holders can stake FBTCs to Staking Pool and Fire Bitcoin’s Insurance Fund is guaranteed by FBTC stakers. FBTC stakers collect transaction fees, and in exchange for that must backstop for the system.

FIRE BITCOIN Last News

$ 0.0003
Crypto Stats
Daily, %:
–
Weekly, %:
–
Monthly, %:
–
Market Info
Market Cap:
–
Volume 24h:
$ 291.73
Circ. Supply:
–
Ticker:
FBTC

Whitepaper
firebitcoin.org
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