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@Ellaweb_3
Exploring the depths of web3 together ๐Ÿฆ‹ Partner @LBank_Exchange | @okx
๊ฐ€์ž… September 2023
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Okay, $BTCX is doing something I havenโ€™t seen much of. The project says 3% of every transaction is used to buy leveraged Bitcoin exposure which is then distributed to holders several times a day. It was built by @jeffkirdeikis, the founder of TrustSwap using StonkFun mechanics. The loop is what caught my attention. Trading activity feeds the reward pool instead of the token simply relying on a Bitcoin name and a chart. Still, leveraged assets can move hard in either direction and rewards depend on the mechanism continuing to operate as described. Definitely read through the details before getting involved.
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