SmartBTC
SmartBTC is a one-of-a-kind cryptocurrency backed in Bitcoin while providing passive returns through staking.
Every transaction with SmartBTC contributes to a reserve fund in Bitcoin.
This reserve fund establishing a floor price for the SmartBTC token who can only go up.
Whitepaper
01.
Asset-Backing
Every transaction with SmartBTC contributes to a reserve fund, supported by Bitcoin. This reserve fund continually grows, establishing a floor price for the SmartBTC token who can only go up. Even if the overall crypto market experiences turbulence, SmartBTC's base value will never fall below this floor, providing protection against extreme fluctuations and market crashes.
02.
Passive returns
Every transaction made with SmartBTC not only strengthens the reserve but also generates passive income for the community directly in SmartBTC and Bitcoin. This means that as you trade SmartBTC, you're not just benefiting of a Bitcoin-backed cryptocurrency whose price is pushed upwards by the asset-backing, but also earning passive rewards, adding an extra layer of value to your holdings.
03.
Security
What’s better than one heavy hitter third-party blockchain security company? Two companies! To further bolster security, SmartDeFi has selected PeckShield and SourceHat, so SmartBTC benefits from rigorous security measures and 2 audits.
04.
Cross-chain
SmartBTC is designed to be cross-chain compatible, leveraging SmartDeFi technology to ensure seamless integration across different blockchains. This compatibility includes:
Binance Smart Chain (BSC) / Base / Ethereum (ETH).
SmartDeFi technology ensures that there is only one total supply of SmartBTC tokens, regardless of the blockchain they are used on. This means users can transfer SmartBTC tokens across BSC, Base, and Ethereum without affecting the overall supply, maintaining the integrity and value of the cryptocurrency.
(In progress)
Tokenomics
SmartBTC has a fixed total supply of 21 million tokens.
100% of the total SmartBTC supply will be allocated to our tokenless presale event.
10% of the Vested share will be reserved for the following purpose : Centralized Exchange Listings / Development / Partnerships
| Tax type | Buy 4.6% | Sell 5.6% |
|---|---|---|
| Liquidity injection | 1% | 2% |
| Staking | 1% | 1% |
| Asset-Backing | 0.7% | 0.7% |
| Burning | 0.4% | 0.4% |
| Marketing & Development | 1% | 1% |
| Protocol fees | 0.5% | 0.5% |
SmartBTC Liquidity Generation Event
SmartBTC presale was tokenless, it's a technology developed by SmartDeFi. This innovative approach offers numerous benefits that address common challenges in traditional presale models.
Vested LP Interests: Presale participants receive vested LP shares, which promotes a stable token ecosystem and provides security for all token holders. This vested interest ensures that participants are aligned with the long-term success of the project.
Eliminate Presale Selling and Dumps: With no tokens to sell for profits, participants claim their earnings from the unlocked vested LP. This prevents the usual market dumps seen in token-based presales, thereby supporting the project's value and stability.
Developer Rewards Reimagined: Developers receive a share of the vested LP, aligning their interests with the project's long-term success. This model discourages developers from selling tokens, fostering a more sustainable and secure development environment.