Token Economy
Last updated
Last updated
Designed to reward token holders for their commitment, allows investors to lock in their tokens, thereby earning staking rewards that compound over time. Users can choose between various staking methods, including open or fixed-term staking, each offering different reward structures.
The Platform is central to Bitcoin L3 Token Economy, where commitment to the network is rewarded through an innovative staking system. Upon staking BTCL3 tokens, participants receive sBTCL3, a staking derivative pegged 1:1 with the original token. This 'smart' version of BTCL3 represents the staked amount and functions as a governance token, granting holders a say in key decisions and future directions of the ecosystem.
Smart Bitcoin L3 (sBTCL3) opens the door to exclusive benefits, such as entry into the upcoming Bitcoin Whale/Elite Club—a privilege reserved for committed stakeholders. This feature adds an exciting dimension to the BTCL3 experience, offering both influence and exclusive access within the growing Bitcoin L3 landscape.
The Bridge for BTCL3 enables the seamless conversion of BTCL3 between the Ethereum and Binance Smart Chain (BSC) networks. This interoperability solution addresses the need for flexibility and inclusivity, allowing token holders to transfer their assets across chains with ease and security. The bridge ensures that BTCL3 maintains parity in value and function, regardless of the chain they reside on, empowering users to take advantage of the unique benefits each network offers.