HelloBTU
  • Welcome
  • Getting Started
    • Quick Start
    • HelloBTU Protocol
    • Stable Vault
    • External Participants
    • Price Stability Mechanisms
  • User GUIDE
    • User Manual
  • Dev Guide
    • Developer Manual
    • Contract ABI
    • Contract Address
    • Channel Account
    • Self Custody
  • Governance
    • Module
      • Chief
      • Pause
      • Spell
  • Resources
    • Stablecoin
    • CDP
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  • The BTC Certificate
  • The Stablecoin
  1. Getting Started

HelloBTU Protocol

Introduce the main operating mechanism of HelloBTU

PreviousQuick StartNextStable Vault

Last updated 6 months ago

The HelloBTU protocol is a decentralized, over-collateralized stablecoin lending system that leverages Bool Network's DHC and Taproot timelock technology. It is governed by the governance token called "GOV", which allows holders to vote on various risk and reward parameters to maintain protocol stability.

The BTC Certificate

BTCC is a token certificate generated to identify BTC asset transfers.

The Stablecoin

BTU is a USD-pegged stablecoin whose stability is guaranteed through over-collateralization. It is a asset with minimal price volatility, effectively hedging against inflation.

HelloBTU allows users to mint BTU by staking BTC.