THELOGICALINDIAN - DFBTC aims at absolute the botheration of BTC acrosschain decentralized and broadcast anchoring hosting What admiral did aboriginal on was to accredit Ethereum crosschain arrangement and affair a accepted agenda asset of ERC 20 again accept a bifold acquirement access and alteration the aerial affection of BTC to the Ethereum and added chains
DFBTC anchors the BTC at a amount of 1:10000. Adding BTC cross-chain appliance through DFBTC，users can accept their own DFBTC to backpack out borrowing, digging, swapping and added banking activities.
Dapp will accommodate users with several action services, such as BTC cross-chain, mortgage lending, pools digging, Swapping and so on.
DFBTC Casting
DFBTC anchors the BTC at a amount of 1:10000. BTC is absolutely kept by the node. However, the befitting account of the bulge is alone provided in the appropriate arrangement back users has apprenticed added than 150% of their assets.
DFBTC release
DFBTC holders accept the appropriate to accept absolution DFBTC in adjustment to access BTC, and again the bulge will alteration BTC to DFBTC holders.
Apply for agreement node
The users who appetite to administer for agreement bulge charge to authority 10000 pieces of Aom to participate. For Guarantor node, any affection ERC20 assets can be acclimated as backed-assets. Platform V1 adaptation opens ETH , USDT, USDC, DAI four kinds of assets as backed-assets. 150% of backed-assets can aegis 100% of BTC assets.
Node Returns
There are three kinds of bulge returns
1. The administration fee, casting and absolution allegation generated by the node.
2. Fixed income
3. The absorption generated by accouterment appropriate users with lending bulge assets as lending.
BTC Storage and Release
Node should acknowledgment BTC to DFBTC holders aural the assigned time afterwards accepting the absolution order.
By alliance DFBTC can access AOM and DFBTC
AOM Earnings
AOM is acquired according to the POS hashrate (see Staking POS algorithm for details)
DFBTC Earnings
The DFBTC apprenticed will be put into the lending basin for account, again users can adore the lending absorption rate. (see lending algorithm for details)
DFBTC lending is a absolute multi-purpose lending acceding in which any affection assets are accessible to drop and loan. (to be opened)
Pools LP mining
DFBTC Dapp POOLS LP is now accessible for digging.
There are three kinds of mineral pools: USDT/AOM APY yields as aerial as 1200%, AOM APY yields 100%, USDT APY yields 400%. Users who accommodate clamminess will access AOM.
The name of mining pools: USDT-AOM AOM USDT
The account of anniversary mining pool: AOM
The aloft mining pools assets administration rules are as follows:
40% of digging balance may be harvested at any time. (Harvesting adjustment refers to the anatomy “The agriculture acquirement method” below)
The actual genitalia will be apart afterwards the defined date.
Allocation admeasurement of the aboriginal mining pools
About DFBTC
DFBTC aims at absolute the botheration of BTC across-chain, decentralized and broadcast anchoring hosting.What admiral did aboriginal on was to accredit Ethereum cross-chain arrangement and affair a accepted agenda asset of ERC 20, again accept a bifold acquirement access and alteration the aerial affection of BTC to the Ethereum and added chain.
Contact DFBTC Network
Website：https://www.dfbtc.org/
Dapp:https://app.dfbtc.org
Twitter: https://twitter.com/DFBTC
Telegram: https://t.me/DFBTC_Commmunity
Medium: https://dfbtc.medium.com/
