We’re excited to announce the next big project launching on BtcPad.io: Bitquity, the first Bitcoin-backed lending protocol built on BitLayer. This revolutionary platform combines Bitcoin’s security with scalable DeFi solutions, providing users with unique opportunities to borrow, earn, and participate in a growing ecosystem.
Announcing the Launch of Bitquity on BtcPad — December 27, 2024
We’re excited to announce the next big project launching on BtcPad.io: Bitquity, the first Bitcoin-backed lending protocol built on BitLayer. This revolutionary platform combines Bitcoin’s security with scalable DeFi solutions, providing users with unique opportunities to borrow, earn, and participate in a growing ecosystem. As part of the launch, $20,000 in allocation will be made available on BtcPad for the community to participate in Bitquity’s future. The sale will go live at 2 PM UTC on December 27, 2024.
12/25/2024
btcterminal.io
As part of the launch, $20,000 in allocation will be made available on BtcPad for the community to participate in Bitquity’s future. The sale will go live at 2 PM UTC on December 27, 2024.
What is Bitquity?
Bitquity is built to unlock the full potential of Bitcoin-backed DeFi, allowing users to:
• Borrow Stablecoins (BBD): Use Bitcoin as collateral to borrow BBD with 0% interest, offering flexible liquidity without losing Bitcoin exposure.
• Earn Passive Rewards: Stake BBD in the Stability Pool or stake $SWAPE, Bitquity’s native token, to earn BTC and platform fees.
• Engage in DeFi: Access a wide range of trading, staking, and yield opportunities within the BitLayer ecosystem.
Bitquity is designed to provide a secure, trustless, and rewarding experience for every user.
Sale Details on BtcPad
• Sale Date: December 27, 2024
• Time: 2 PM UTC
• Allocation: $50,000
• Contribution Currency: USDT on BSC (Binance Smart Chain)
• Token Distribution: $SWAPE tokens will be sent to participants’ Bitcoin wallets connected to BtcPad (you need to add Bitlayer mainnet to your MetaMask)
Steps to Participate in the Bitquity Sale
1. Create an Account on BtcPad.io and register
• Visit BtcPad.io and create your account by connecting an EVM wallet and a bitcoin wallet.
• Go the the sale page and "register" with the registration button
• Your Bitcoin wallet should hold the $RUNI amount needed.
Youe EVM wallet will recveive the $SWAPE tokens at TGE.
2. Hold $RUNI for Allocation
• Participation requires $RUNI, the native token of BtcPad.
• The more $RUNI you hold, the higher your allocation tier and the better your chances of securing tokens.
These are the TIER levels:
TIER Level | $RUNI Holding | Seats* | Token Allocation | Total Tier Allocation in $ |
0 | 0-44 | 0 | $0.00 | $0.00 |
1 | 45-99 | 3 | 200.00 | $210.00 |
2 | 100-999 | 22 | 400.00 | $1,750.00 |
3 | 1000-9999 | 5 | 1,000.00 | $3,150.00 |
4 | 10000-24999 | 6 | 1,500.00 | $700.00 |
5 | 25000-49999 | 1 | 2,000.00 | $2,100.00 |
6 | 50000-99999 | 5 | 4,000.00 | $7,000.00 |
7 | 100000+ | 2 | 6,000.00 | $4,200.00 |
* Seats adjusted based on registrations.
3. Ensure BNB for Fees
• Make sure your EVM wallet has BNB to cover transaction fees during the contribution process.
4. Contribute During the Sale
• On December 27, 2024, at 2 PM UTC, the sale will go live on BtcPad.
• Contribute in USDT on BSC to secure your $SWAPE allocation.
5. Receive $SWAPE Tokens
• After the sale ends, $SWAPE tokens will be distributed to your connected MetaMask wallet (on Bitlayer).
Why Participate in the Bitquity Sale?
Bitquity is leading the way in Bitcoin-backed DeFi, offering users unmatched opportunities to:
• Borrow stablecoins without losing Bitcoin exposure.
• Stake and earn BTC and fees.
• Access a growing and scalable DeFi ecosystem on BitLayer.
This is your chance to be part of a groundbreaking protocol that bridges Bitcoin’s security with the innovation of DeFi.
Follow Bitquity on Socials
Stay connected with Bitquity for updates and community engagement:
🌐 Website: bitquity.org
🐦 X: @bitquity_
💬 Telegram: Join Bitquity
Stay Tuned
More details about the allocation tiers and token distribution will be announced soon. Follow us on Twitter @btcterminal_ for the latest updates and announcements.
Mark your calendar for December 27, 2024, at 2 PM UTC, and join the future of Bitcoin-backed DeFi with Bitquity on BtcPad!