πŸ”— BITU Protocol

The BITU protocol is a decentralized, over-collateralized stablecoin lending system that leverages DeepExchange'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.

BITU allows users to mint BITU by staking BTC.

The BTC Certificate

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

The Stablecoin

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

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