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


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 follow Bitcoin’s mining schedule but will be upgraded to PoS mining. While Bitcoin holders may claim their 1:1 B20 anytime, the PoS mining rights of all unclaimed B20 will be proportionately assigned to BTCST holders, who can then participate in B20 PoS mining as if their BTCST’s were B20's.

Details


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: broad mining pool support)

Options

· BCH

· LTC

Voting Time

Jun 12, 2021, 11:00 PM – Jun 19, 2021, 8:00 PM SGT

Voting Link

https://vote.btcst.finance/#/1btc.eth/proposal/QmfGppbw1mNnHLxtnjKqrAV2Wb6ke5hAaBwz88mxawCgZ9


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 light of certain recent developments on Bitcoin mining regulations. The team now proposes this STP to assure the community that hashrate stability has always been a top priority for the project and to demonstrate that the team is well prepared to take tremendous steps to prevent adverse hashrate event.

If…


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 an epoch of Restorative Rebase set to occur at that time.

Details

The team has noticed that when Restorative Rebase described in STP 8 is set to occur at 08:00 pm (SGT) on a certain day, many market participants will rush to sell their τAsset before that fixed time to…


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 how to mine τDoge with BTCST dApp, is the third of 3 guides that we are publishing to help our community members make the most out of the τDoge Initial Liquidity Event and airdrops.


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 claiming airdrops from the BTCST dApp, is the second of 3 guides that we are publishing to help our community members make the most out of the τDoge Initial Liquidity Event and Airdrops.


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, answering the most frequently asked questions about τDoge, is the first of 3 guides that we are publishing to help our community members make the most out of the τDoge Initial Liquidity Event.


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 the implementation of STP 8 — Restorative Rebase and its demonstrably strong price history (i.e., with a stable price premium at 5–6%), τBitcoin has established itself as the most successful synthetic Bitcoin in DeFi.

Now, BTCST is ready to unveil its second synthetic asset, τDoge, that users can stake BTCST…


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

As τBitcoin continues its initial liquidity event, it has demonstrated strong price resilience and earned tremendous market recognition. No deflationary rebase has been triggered because of the built-in open market purchases and our community’s trust in τBitcoin’s price pegging mechanism. …

BTCST

Bitcoin Standard Hashrate Token (BTCST) brings exchange-grade liquidity to Bitcoin mining. Each BTCST is collateralized by real Bitcoin mining power.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store