DFBTC

What Is DFBTC(AOM)? Complete Guide Review About DFBTC.

What Is DFBTC(AOM)?

DFBTC is a digital asset issued based on the ERC20 standard, using 1:10000 ratio pledge casting, the whole process is completely decentralized, with characteristics of anti-risk and fruits which makes BTC profits increase more security and get fruits. At the same time, it also provides a solutions for cross-chain from BTC to Ethereum which will largely increase liquidity, give users more choices and provide high-quality assets for the DEFI field.

DFBTC is a digital asset issued based on the ERC20 standard, using 1:10000 ratio pledge casting, the whole process is completely decentralized, with characteristics of anti-risk and fruits which makes BTC profits increase more security and get fruits. At the same time, it also provides a solutions for cross-chain from BTC to Ethereum which will largely increase liquidity, give users more choices and provide high-quality assets for the DEFI field.

DFBTC Storage Key Points

Coin BasicInformation
Coin NameDFBTC
Short NameAOM
Circulating Supply210,000,000.00 AOM
Total Supply210,000,000
Source CodeClick Here To View Source Code
Explorers Click Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Business background

With the continuous development of the DEFI market, the digital assets of the blockchain have become one of the most important asset forms in the world.Users can more easily and transparently understand the issuer, trader, holder, clarity of the transaction, the result of contract execution, etc. of the digital asset. Realized in a standardized way (eg ERC20),it brings more compos-ability to digital assets. Financial products obtained from a decentralized financial application can facilitate participation in other financial applications.

DFBTC brings a completely open and transparent emerging market model, so that participants, product and service providers are no longer subject to regional restrictions. With the above advantages, DEFI’s business will expand rapidly in 2020, and there will be a rapid development in the areas of lending, trading, insurance, and funds.The value of the entire DEFI market lockup that year (December 2020) had reached $9 billion which is about 12 times that of January 2020. DFBTC was developed in 2020 and the asset used fully decentralized technology and was minted with bitcoin at 1:10,000.

Purchase DFBTC

Accept BTC users to send the DFBTC purchase token request to the program. After the program receives the BTC and verifies the validity is completed,users can choose to pledge mining and start to obtain fruits (AOM). The fruits will be settled and sent to the user’s purchase wallet address every day. AOM is an important component of DFBTC cross-chain revenue, which is generated by the solution of zero-coupon assets of Bitcoin through technology, and provides higher liquidity through cross-chain anchoring technology, which is anchored to the ETH network.

Redeem BTC

After the expiration, the user chooses to redeem BTC, and the user initiates a token redemption request. After the program receives the DFBTC and the verification is completed, the DFBTC will be destroyed. The program verifies the BTC redemption address and sends BTC to the redemption address. The whole process is completely decentralized. In the future, AOM will create more ways to generate income from high-quality assets, and in the later stage, it will cross chain to other high-quality main chains to provide and increase greater value.

AOM allocation scheme

AOM is a cross-chain token which aims to build a decentralized Bitcoin fruits financial system that provides all users worldwide with a stable Bitcoin fruits ecology, governance mechanism and decentralization. AOM is a multi-token system. Pledging DFBTC or DFBTC cross-chain liquidity can obtain interest AOM. AOM holders can participate in the DFBTC community for fair governance.

Initial allocation scheme for AOM

DFBTC will launch the pledge and liquidity mining scheme in Version V1 which is to open the cross-chain service of BTC-DFBTC-ethreum network. And for Version V2, we will add cross-chain service to the main network. As for the pledge algorithm and liquidity algorithm, they will publish them later before going online. It is expected that Version V1 will be launched in June.

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