BitUSD Whitepaper
  • Introduction
    • Overview
    • Background
    • Goal
    • Links
  • Product
    • btcUSD
    • Collateralization
    • Minting and Redemption
    • Liquidation
    • Asset Utilization
    • Compatibility
  • Native Token
    • BT Token
    • Distribution Mechanism
    • Governance mechanism
  • Incentive Mechanism
    • Staking Rewards System
    • Liquidity Mining
    • Governance Rewards
    • Collateral Liquidation Profits
  • Roadmap
    • Roadmap
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  1. Incentive Mechanism

Liquidity Mining

Our liquidity mining program incentivizes users to provide liquidity to the BTCB/btcUSD and USDT/btcUSD liquidity pools by rewarding them with BT tokens. This program serves multiple purposes, including:

Encouraging user participation: By providing rewards for liquidity provision, we encourage users to participate in the BitUSD ecosystem and become active members of our community.

Ensuring stability: By increasing the liquidity available in the ecosystem, we can help ensure the stability of the btcUSD token, even during times of market volatility.

Supporting decentralization: By incentivizing the creation of liquidity pools, we can help ensure that our ecosystem remains decentralized and community-driven.

To participate in our liquidity mining program, users simply need to provide liquidity to the BTCB/btcUSD or USDT/btcUSD liquidity pools on supported decentralized exchanges (DEXs). In return, they will receive a share of the BT tokens distributed as rewards.

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Last updated 1 year ago