The Bitcoin-native stablecoin protocol, bitSmiley, will officially launch its re-staking activity for its mapped asset M-bitDisc-Black on the Merlin mainnet tonight at 9:00 PM (UTC 13:00).
(Prior Summary:
BTC Stablecoin Protocol “bitSmiley” Collaborates with Bitcoin Layer2, Merlin Mainnet Adds bitDisc-Black NFT)
(Background:
bitSmiley News Flash: bitDisc-Black Engraved NFT has Completed Minting! Now Available on OKX Marketplace)
This article is a press release written and provided by bitSmiley, and it is not affiliated with the position of Dynamic Zone.
According to official sources, the Bitcoin-native stablecoin project, bitSmiley, has launched its re-staking activity for the mapped asset M-bitDisc-Black on the Merlin mainnet today (3/13).
This round of staking activity will provide various benefits to M-bitDisc-Black holders, including but not limited to:
(1) bitJade rewards linked to token airdrops;
(2) Qualification for the testnet closed beta;
(3) Qualification as an early user on the Alpha mainnet;
(4) Potential whitelist qualification for future opportunities.
In addition, bitSmiley will conduct closed beta testing on the testnet later this month through invitation only.
It is understood that bitSmiley is a Bitcoin-native stablecoin project jointly led by OKX Venture and ABCDE. Built on the bitRC20 protocol, it has established a complete set of Bitcoin-native DeFi solutions, including bitLending, bitUSD, and CDS.
Prior to this, bitSmiley has completed the public and free minting of its first native asset, bitDisc-Black, with a highest floor price reaching 0.08 BTC and a current trading volume exceeding 223 BTC.
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