One Token access to…
xBTC gives users one token access to every single digital asset on earth, pegged against Bitcoin dominance.
We call this a “Dominance Hedge.” As the inferior and sluggish Bitcoin loses its dominance, xBTC holders will benefit. DeFi, Social Networks, Gaming, Smart Contracts – all blockchains and use cases are represented by xBTC. With a few clicks of the mouse, users benefit from access to the price action of hundreds of digital assets. This is a brand new type of hedge and asset – this is xBTC.
xBTC introduces a brand new type of hedge, the Dominance Hedge. This is much more adaptive and responsive than a simple price hedge. Instead of tracking price we track how well Bitcoin keeps up with the breakneck pace of all other blockchain technologies.
No matter the blockchain, technology or market segment. This is literally the most diversified token in digital assets. It is like a synthetic S&P 500 of digital assets.
Rebasing uses an increase or decrease in token supply to push the market price of xBTC towards a target price (xBTC’s target is Bitcoin market cap dominance).
We have set two forces against each other to benefit holders through positive rebases: negatively descending Bitcoin dominance versus positively ascending demand. We are the first token ever to employ these innovations.
Bitcoin dominance will be much less volatile than individual asset prices. This means xBTC’s price will be less volatile. Rather than reward holders with price swings, we reward them with supply swings. With less volatility in spot price, xBTC can act as a more effective trading pair and transfer of value.
Rebasing has been used by many other assets. But every single one we saw was pegged to a price. We think this is short sighted and uninventive. Pegging to a novel oracle that has market repercussions is the central innovation here.
What we are creating is analogous to a synthetic derivative. The traditional derivative market has a notional value of over $600 trillion and a real value of over $12 trillion.
All four of the above features are accessible with a few clicks of the mouse. This creates convenience and speed for anyone who wants to access Bitcoin market cap dominance. We have brought a very complex idea and distilled it into a single token. Anyone who holds Bitcoin (over $150 billion in holders) would want to hedge against its fall in dominance.
xBTC provides one click access to this Dominance Hedge, and by extension, one click access to the success of every single altcoin on earth.
If our funding goals are met, we plan to have over $1 million in liquidity on exchanges on day one. After 12 months, instead of locking or burning exchange liquidity, as long as total liquidity remains over seven figures, we will withdraw no more than 5% of liquidity per month. As needed, while maintaining over 7 figures in total liquidity, we will have the option of repurposing these tokens for other uses.
A priority feature of xBTC is to reward users that support the ecosystem. Beyond standard liquidity pool rewards, we will reserve at least 40% of total token supply to reward liquidity providers through The Mint. We may reward users for other ecosystem interactions and support, keep an eye on our announcement channels.
xBTC and its affiliates are not a registered broker, analyst or investment advisor. Everything that we provide is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions.
Trading, buying, selling, holding, and investing in cryptocurrencies (also called digital or virtual currencies, crypto assets, altcoins and tokens) involves substantial risk of loss and is not suitable for every investor. xBTC is not an investment product, it is like an index fund, it is not an index fund. It is purely a speculative “derivative-like” digital token. It is synthetic in its properties and is not collateralized at all, it is solely a speculative token with no inherent or intrinsic value. Any content in our materials, including this website, should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide when to trade our digital assets. Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability to meet your financial obligations. Past results are no indication of future performance. In no event should the content of this correspondence be construed as an expressed or implied promise or guarantee. xBTC and its affiliates are not responsible for any losses incurred as a result of trading our token. Information provided in this correspondence is intended solely for informational purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. None of the content published here constitutes a recommendation that any particular cryptocurrency, portfolio of cryptocurrencies, transaction or investment strategy is suitable for any specific person. None of the information providers or their affiliates will advise you personally concerning the nature, potential, value or suitability of any particular cryptocurrency, portfolio of cryptocurrencies, transaction, investment strategy or other matter. The products and services presented in this website may only be purchased in jurisdictions in which their marketing and distribution are authorised. xBTC and its affiliates advise all interested parties to check in advance whether they are legally entitled to purchase the products and/or services presented in this website. All digital assets, xBTC included, are highly speculative and risky, they should not be considered in any other way.