Bitcoin Proxy Protocol

Bitcoin Proxy Protocol

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BTC Proxy or the Proxy Protocol is a Layer-2 Interoperability of Bitcoin on Ethereum. It allows Bitcoin holders to stake their BTC into an insured custodian to mint an ERC20 token called BTCpx.

BTC Proxy solves a big issue within DeFi. BTC Holders are exposed to counterparty risks, price slippage, and lack of liquidity when performing an exchange into ERC20.
Ico
16 Apr 2021
16 Sep 2021
100% lengkap
Mengumpulkan dana - tanpa data
past
Pre Sale
13 Feb 2021
13 Feb 2022
100% lengkap
Mengumpulkan dana - tanpa data
past
Detail Token
Jantung
BTCPX
Total pasokan
21,000,000.00
Detail Perusahaan
Perusahaan Didirikan
Feb 13, 2021
detil tambahan
MVP / Prototipe
iya nih
Peron
BTC, ETH
Daftar putih
iya nih , dari Feb 13, 2021
Kategori
Peron

Tentang Bitcoin Proxy Protocol

BTC Proxy is a multi-institutional protocol for the decentralized tokenization of Bitcoin on ERC20 utilizing our Proxy Protocol called the Proxy Relay. It gives Bitcoin holders a decentralized bridge to stake their Bitcoin into custody and transfer that value into an ERC20 token without the need for centralized exchanges and systems that exponentially increase the counterparty risk of theft or loss.

BTC Proxy also allows for the transfer of value without price slippage and is independent of liquidity which is a factor that affects exchange prices on Centralized exchanges and Decentralized exchanges.

fitur

The following are the features of BTC Proxy:

  • Minting - Allows you to create new BTC Proxy tokens. It is completed in a decentralized form through interaction with a smart contract.

  • Redemption - Allows you to redeem BTCpx tokens for Bitcoin. You need to connect your ETH wallet to the Web3.js interface of the btcpx.io.

  • Earning Yield - Allows you to stake BTCpx into liquidity pools to earn rewards (yield)

  • Custody - Insured by a regulated custodian Hex Trust the features of this custodian allow for the segregation of funds and insurance against Crime, theft and employee dishonest

  • PROXY Governance - is through the PRXY token which allows for voting on key business issues around growth of the Proxy Protocol

 

Bitcoin Proxy Protocol Tim

Diverifikasi 0%

Perhatian. Ada risiko bahwa anggota yang tidak diverifikasi sebenarnya bukan anggota tim

Donnie Kim
Founder
tidak diverifikasi

Bitcoin Proxy Protocol Berita terakhir

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