BTC20 price could surge 10x today at DEX launch with $2.4M staked, 40% locked for 107% APY.

BTC20 price could surge 10x today at DEX launch with $2.4M staked, 40% locked for 107% APY.

The Explosive Potential of BTC20: Unleashing the Power of Blockchain

Thursday, August 10, 2023 – The BTC20 price is primed to explode after more than 40% of its circulating supply was locked into the staking contract in its first 17 hours of operation.

BTC20, the ERC-20 token on the Ethereum blockchain, is making waves in the blockchain industry with its explosive potential. Launched on the Uniswap decentralized exchange (DEX), BTC20 has already seen tremendous success in its staking program, attracting investors with an annual percentage yield (APY) above 100%. Within just 15 minutes of staking, 10% of all tokens in circulation had been sent to the staking smart contract, amounting to $611k. As of now, a staggering $2,446,842 has been staked, according to BTC20’s official dashboard data.

The decision to stake BTC20 tokens has several advantages. Firstly, staking weakens selling pressure when the token starts trading, allowing buyers to push the price higher. Additionally, staked tokens are locked for a minimum of seven days, creating scarcity and potentially leading to significant gains in the price of the token. Analysts such as Michael Wrubel predict that BTC20 could create a new wave of Bitcoin millionaires.

BTC20 Whales Provide Liquidity and Stake

BTC20 whales are staking… and probably providing liquidity too.

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Presale buyers of BTC20 can claim their holdings when the listing begins on the Uniswap DEX. However, liquidity provision for trading must come from existing coin holders. Many token holders are not only staking a proportion of their tokens but also allocating another portion as liquidity providers, allowing them to benefit from two income streams.

BTC20 has attracted the attention of several whales, who have been identified as active liquidity providers and takers. For instance, there is one known whale who has staked $155k, indicating a strong commitment to providing liquidity. By participating as liquidity providers, token holders earn 0.3% of the value of each transaction, proportional to their share of the pool.

To participate in staking, users can visit the BTC20 website and set the amount they wish to deposit. The length of time tokens can be staked is indefinite, with dynamic yield generated every 10 minutes. However, rewards can only be claimed at least seven days after staking, providing long-term value for investors.

Adding Liquidity to the BTC20/WETH Trading Pair

This is How to Add Liquidity to the BTC20/WETH Trading Pair and Earn 0.3% Per Transaction.

Adding liquidity to the BTC20/WETH trading pair is straightforward. Token holders must provide liquidity to the pair on the Uniswap V2 website. By following a few simple steps, investors can become liquidity providers and earn 0.3% on every trading transaction.

1. Connect to the Uniswap V2 website and click the ‘Join a poll/Add V2 liquidity’ button.
2. Search for the BTC20/WETH pool by copying the smart contract address (0xe86df1970055e9caee93dae9b7d5fd71595d0e18) and pasting it into the search bar.
3. Select the BTC20/WETH pool and click the ‘Join’ button.
4. Enter the amount of ETH you wish to provide, and Uniswap will automatically convert it to WETH and fill in the corresponding equivalent BTC20 amount.
5. Review the details and click ‘Confirm’ to complete the transaction.

By becoming a liquidity provider, users can enjoy the benefits of participating in the BTC20/WETH trading pair and earn 0.3% on every trading transaction based on their share of the liquidity pool.

BTC20: “Bitcoin on Ethereum” – An Exciting Value Proposition

Why BTC20 is Such An Exciting Value Proposition – it’s ‘Bitcoin on Ethereum’.

BTC20 brings excitement to the blockchain industry as a new version of Bitcoin launched as an ERC-20 token on the Ethereum blockchain. It offers the same tokenomics and issuance schedule as the original Bitcoin but resembles Bitcoin’s early days in terms of supply and price.

During its presale, BTC20 sold 6.05 million tokens for $1 each, providing investors with the opportunity to secure BTC20 at a low price. Unlike Bitcoin, where tokens are issued to miners, new BTC20 tokens are issued to owners who enter them into the token’s staking contract.

The reduced supply of unstaked BTC20 tokens, paired with strong demand, sets the stage for an explosive DEX launch. FOMO (Fear Of Missing Out) demand from investors eagerly waiting to secure BTC20 contributes to the positive price action for its launch. BTC20’s integration into the existing DeFi ecosystem on Ethereum further increases its long-term value.

BTC20: Sustainable Growth and Income

BTC20 Price Can 10x Thanks to Its Strong DeFi Design.

BTC20 not only promises an explosive start to trading but also offers a robust long-term value proposition. Investors are drawn to its compelling passive income opportunities through staking, which has attracted significant interest from the DeFi market. Furthermore, BTC20’s issuance on the Ethereum network, known for its security and developed DeFi ecosystem, adds to its appeal.

With green credentials provided by the Ethereum blockchain’s shift to proof-of-stake consensus, BTC20 also offers a greener alternative to Bitcoin without sacrificing its tokenomics structure. BTC20 appeals to those who missed out on Bitcoin’s early days and seek a second chance to invest.

BTC20 has the potential to deliver substantial returns from its initial presale price of $1 per token, with the possibility of reaching a market cap above $60 million. As always, crypto investments come with high risk, and investors are urged to exercise caution.

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Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. Investing in cryptocurrency carries a high level of risk, and investors should be cautious and do their own research before making any investment decisions.

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