Jun 24

STP 14: τAsset Liquidity Provider One-Time Compensation Program
Purpose
This STP proposes to make whole those who provided liquidity on PancakeSwap for any τAsset but suffered losses as a result of active Restorative Rebase. If this STP passes, the BTCST team will retrieve on-chain data to verify those who experienced Restorative Rebase while providing liquidity for τAsset to date. The team will then airdrop τAsset to the affected address in the same amount and type deducted through Restorative Rebase.
To avoid future impact by Restorative Rebase when providing liquidity for τAsset, make sure to only provide liquidity for any τAsset through our dedicated portal at https://swap.btcst.finance.
Options
• Pass
• Deny
Voting time: 6/24/2021 10:00pm to 7/1/2021 10:00pm SGT
Voting link: https://vote.btcst.finance/#/1btc.eth/proposal/QmQbn7vAAVYjsQEPqQVufVBjc5dYFj36qENP3YcNdV7q4c

Jun 21

STP 13 (Proposal Blue Sky): An Evolution of Bitcoin with Far Less Carbon Emission

Purpose

This STP, named Blue Sky, proposes B20, an evolution of Bitcoin with far less carbon emission. If passed, B20 will be fairly and 1:1 airdropped to all Bitcoin holders as if it were a straightforward Bitcoin fork. There will be no pre-mining, new issuance, or ownership misappropriation.

B20 will…

STP 11: Hashrate Assurance Lock

Purpose

This STP aims (i) to assure the community that the hashrate backing BTCST is sufficiently decentralized and over-collateralized and (ii) to clarify the process with which BTCST will restore hashrate in the unlikely event of hashrate instability.

Details

The team has received many inquiries about BTCST’s hashrate stability in…

STP 10 — Responsive Restorative Rebase

Purpose

This STP proposes to make Restorative Rebase described in STP 8 take effect immediately when the TWAP of a τAsset drops below 1.0.

The STP aims to eliminate the perverse incentive for certain market participants to rush to sell τAsset before a fixed time of a day to front-run…

τDoge Launch Guide 3 — Mining Tutorial

Today (May 14, 2021) at approximately 10:00pm (SGT, UTC+8), BTCST’s implementation of STP 9: τDoge Initial Liquidity and Airdrop Parameters will come online. BTCST, τDoge, and Dogecoin (BEP 20 version) holders will become the recipients of τDoge airdrops and will be eligible to stake and mine τDoge.

This post, discussing…

τDoge Launch Guide 2 — Airdrop Tutorial

This post, discussing…

τDoge Launch Guide 1 — FAQs

This post, answering…

STP 9: τDoge Initial Liquidity and Airdrop Parameters

Purpose

This STP 9 decides the initial liquidity and airdrop parameters of BTCST’s second synthetic asset, τDoge. If STP 9 is passes, synthetic mining of τDoge by BTCST stakers and airdrops for other ecosystem participants will commence via BTCST’s dApp on Friday, May 14, 2021 at 08:00pm (SGT).

Details

With…

STP 8 — Restorative Rebase

Purpose

This STP proposes Restorative Rebase, an improved way for τBitcoin to conduct deflationary rebase (e.g., bringing the relative price of τBitcoin compared to Bitcoin back to 1). If STP 8 is passed, Restorative Rebase will be activated for τBitcoin on or by April 30, 2021 at 08:00pm (SGT).

Details

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