Jun 24, 2021

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.

Btcst

1 min read

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, 2021

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…

Btcst

4 min read

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

Jun 7, 2021

STP 12 — The Third Standard Hashrate Token

Purpose This STP aims to let the community decide what standard hashrate token to launch next. Details We have selected two candidates based on market surveys on CMC to create the next Standard Hashrate Token. BCH (note: broad mining pool support; hashing algorithm identical to that of BTC) LTC (note…

1 min read

STP 12 — The Third Standard Hashrate Token

Purpose

This STP aims to let the community decide what standard hashrate token to launch next.

Details

We have selected two candidates based on market surveys on CMC to create the next Standard Hashrate Token.

BCH (note: broad mining pool support; hashing algorithm identical to that of BTC)
LTC (note…

May 22, 2021

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…

2 min read

May 22, 2021

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…

1 min read

May 14, 2021

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…

4 min read

τBitcoin Launch Guide 3 — Mining Tutorial

May 14, 2021

τDoge Launch Guide 2 — Airdrop Tutorial

3 min read

May 14, 2021

τDoge Launch Guide 1 — FAQs

4 min read

May 5, 2021

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…

3 min read

STP 9 — τDoge Initial Liquidity Event and Airdrop Parameters

Apr 22, 2021

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 …

3 min read