1. Project Introduction
BXTB is a DeFi (decentralised finance) project designed to simplify the settlement of financial accounts and provide an yield opportunity that earn regular transaction fee for BXTB holders and miners that have staked their BXTB with USDT or another tethered coin.
Unlike many DeFi projects today that are struggling to achieve credibility and find real world use cases, BXTB is backed by a real and clearly visible source of value.
- BXTB owners that have staked their tokens can recover access to them at any time
- They will receive a transaction fee for every time their token has been spent with a partner company
- They have no risk that their funds will be lost or locked in to custodial account beyond their reach
The BXTB blockchain uses the Proof of Capacity consensus algorithm meaning that BXTB can be mined on any device that has some kind of storage such as flash memory or hard disk. Mining is available to just about anybody and is highly decentralised. This blockchain functions as the Governance Chain with BXTB as the Governance Token. The BXTB token is comprised of the mined PoC token and an associated ERC20 token that enables the BXTB to be transacted on the Ethereum network.
Working together with this is the CHIP or Yield Token which is an activated BXTB token issued on ERC20 Ethereum that is cryptographically tracked by the BXTB token and generates the actual yield.
The BXTB governance token entitles its holders to participate in decisions regarding the ethical and technological direction taken by the foundation and also to help determine important operational factors such as exchange rates, revenue share and technology development.
2. Coin Info
- Token Name: BXTB Token
- Token Symbol: BXTB
- Token Type: ERC20
- Total Supply: 21,980,000,000 BXTB (All testnet mined tokens were transferred to main net)
3. Useful Links
- Official Website: https://www.bxtb.net/
- Whitepaper: https://bc2dee06-257a-43d7-9d54-0b709fd686a6.filesusr.com/ugd/d0712c_6b7c370f8e7d410fb8c67cd18b119b62.pdf
- Smart Contract Address: 0x7bA9caa5D19002618F1D93e691490377361D5E60
