BT Token

BT is the native token of the BTCoin project, which is designed to incentivize user participation and promote the stability of the btcUSD token's value. Users who collateralize BTCB tokens to mint btcUSD are rewarded with BT, creating an added incentive for users to participate in the project.

Holders of btcUSD are also entitled to btc liquidation profits. This means that when the collateralization ratio falls below 120%, and the collateralized BTCB tokens are liquidated, the profits from the liquidation are distributed to holders of btcUSD. This mechanism further incentivizes user participation and promotes the stability of the btcUSD token's value.

The total supply of BT is capped at 21,000,000, ensuring that the token remains scarce and valuable. This limited supply also helps to maintain the stability of the btcUSD token's value, as a limited supply of BT reduces the potential for inflation and devaluation.