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why stake btc20

BTC20 is a green ERC-20 version of Bitcoin built on Ethereum. Our verified smart contract distributes BTC20 tokens to the staking pool in line with the Bitcoin block schedule. Stake BTC20 to earn a percentage of these rewards.

Stake to Earn

With every Bitcoin block confirmation, 50 BTC20 tokens are released and distributed to all participants in the staking pool, in sync with the Bitcoin blockchain.

14,950,000 BTC20 tokens are locked in the staking contract to reward staking pool participants. Rewards accrue in real time every 10 minutes.

6,050,000 tokens are held by the BTC20 community following our fair presale. These tokens need to be sent to the staking pool in order to earn more BTC20 over time.

The maximum supply of BTC20 is 21,000,000 tokens. This number will be reached in approximately 120 years.

Dynamic Yield

Staking rewards for BTC20 are governed by a smart contract that will adjust each wallet’s rewards and APY according to its current percentage of the staking pool.

Staking Simulation:

Rewards Per Block (BTC20): 50 Approximate Blocks Per Year: 52,000 Total Annual Rewards (BTC20): 2,600,000

Total Staking Pool (BTC20): 500,000 Individual Amount Staked (BTC20): 5,000 Percentage of Pool: 1%

Individual Rewards (BTC20): 26,000 Annual Percentage Yield (APY): 520%

4-year HALVINGS

Just like Bitcoin, BTC20 is programmed to reduce its simulated block rewards by 50% every four years, starting at 50 BTC20 every 10 minutes.

First BTC20 Halving - 2025 (Rewards reduced to 25 BTC20 per block)

Second BTC20 Halving - 2029 (Rewards reduced to 12.5 BTC20 per block)

Third BTC20 Halving - 2033 (Rewards reduced to 6.25 BTC20 per block)

How To stake BTC20

With a fixed token release schedule over the next 120+ years, staking your BTC20 tokens for the long term could increase your returns over time.

ROADMAP

BTC20 follows a path inspired by the historic journey of Bitcoin driven forward by the innovation of staking for passive income.

whitepaper

The goal behind BTC20 is to give people a chance to buy a more versatile version of Bitcoin at a price of just $1.

Built on Ethereum with smart contract functionality, BTC20 is a Proof-of-Stake (PoS) token using the ERC-20 standard. Read our whitepaper to understand more about BTC20.

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Frequently Asked Questions

BTC20 is a new ERC-20 crypto token that pays homage to the remarkable journey of Bitcoin while introducing a groundbreaking staking mechanism. BTC20 draws inspiration from the early days of Bitcoin when its price was a mere $1 in April 2011, accompanied by a modest circulating supply of approximately 6.05 million.

BTC20 gives a new opportunity to everybody who missed Bitcoin at $1 to buy an upgraded version at the lowest possible price, and the ability to stake BTC20 tokens to earn passive income. BTC mining is prohibitively expensive for the ordinary person, but anybody can buy and stake BTC20.

We’re launching BTC20 with a presale to give everybody the chance to buy the token at the same price of $1, before it lists on open market. We’re starting with a maximum of 6.05 million tokens in circulation and a maximum $6.05 million market cap. As a comparison, BTC’s market cap has already touched $1 trillion.

Staking will be available on August 9th at 3PM UTC. You will be able to release any tokens you bought in presale straight to the staking contract on the BTC20.com home page. There is a 7-day lock on staked tokens. Claiming will be available on August 10th at 3PM UTC. This is the same date and time as our Uniswap listing to ensure a fair launch.

Proof-of-Stake (PoS) protocols on Ethereum have shown that staking over time to generate yield is a great way to secure the network and generate passive income for participants. BTC20’s smart contract is programmed to issue rewards proportional to the amount staked. The more staked, the higher the rewards.

BTC20 releases tokens at the same gradual rate as Bitcoin, which is every 10 minutes. The BTC20 staking contract is programmed to release token rewards to stakers at the same rate as Bitcoin itself, so the last BTC20 token will be released in approximately 120 years. Like BTC, the total supply of BTC20 is 21 million.

If you have any other questions or need technical support and would like to contact us, join our Telegram group and we’ll gladly assist you. Our team will never DM you first so kindly report and block every message you may receive from people impersonating us.