Quick Start
Get to know BTU in 3 minutes
Last updated
Get to know BTU in 3 minutes
Last updated
BTU is a BTC-backed Asset certificate Stablecoin. It is the first protocol on the Bitcoin network which is suitable for Mapping BTC by increasing the liquidity and leverage.
Truely CDP on the Blockchain
Originally BTC-Backed for Stablecoin
Securely Asset Certificate by Decentralized Network
BTU offers Bitcoin holders the opportunity to unlock liquidity without compromising their principles of decentralization and asset control. Traditionally, Bitcoin holders have had limited options for generating yield or participating in the DeFi ecosystem without trusting centralized exchanges or custodians. BTU changes that by offering a secure, decentralized way to issue stablecoins, increase liquidity, and maintain full control of BTC.
Trustless Asset Control: Users maintain full control of their BTC throughout the process. BTU cannot transfer or use a user’s BTC without their permission, ensuring complete security and decentralization.
Permissionless Participation: Any BTC holder can participate in the BTU protocol, providing proof of their BTC balance without needing to move their assets or rely on third parties.
Higher Leverage and Liquidity: By issuing BTU, users can leverage their BTC holdings and gain access to liquidity, allowing them to participate in yield farming, staking, or other DeFi opportunities, all while keeping their Bitcoin secure.
The decentralized stablecoin market has witnessed exponential growth, driven by increasing demand for digital assets and the need for more stable store-of-value options. Among the pioneers in this space, MakerDAO stands out as a prominent project.
BTU will extend MakerDAO's concept of collateralized debt positions (CDPs) to mint a BTC-based stablecoin, as a strategic expansion of its program. BTU's innovative governance model, where token holders actively participate in decision-making, has further cemented its position as a leader in the BTCFi ecosystem.
In the highly competitive stablecoin market, BTU is poised to challenge established players like USDT, DAI, and USDC. By leveraging its innovative collateralized debt position mechanism and decentralized governance model, BTU aims to offer a more flexible and decentralized stablecoin solution. While these incumbents have significant market share, BTU's focus on interoperability and scalability could attract users seeking a more decentralized and efficient option.
BTU's DAPP system is built to serve three key user roles:
Institutional Users: institutions seeking to hedge against market fluctuations
Individual Users: individual building diversified portfolios
Liquidation Traders: traders actively seeking arbitrage opportunities
The following table delineates the specific user roles that each function within the user manual is catered to.
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