BitStake: A Staking Protocol for BRC-20
  • Staking(3,3) on BRC-20
    • Staking & Unstaking of BRC-20 tokens
    • Things to keep in mind
    • Examples
  • BitStake Protocol
    • Staking Platform
      • Yield Generation
    • BitStake Launchpad
    • BitStake DAO
  • Tokenomics, Utility & Governance
Powered by GitBook
On this page
  • Presale
  • Usage of Funds Raised
  • $bYLD Holders Benefits
  • Ecosystem/Farming rewards
  • Yield generation & Revenue

Tokenomics, Utility & Governance

PreviousBitStake DAO

Last updated 1 year ago

Presale

  • There will be a whitelist sale of 6 BTC at ~15% discounted price to public sale

Sale metrics

  • Total supply of governance token will be 10 B

  • Listing mcap will be 970k$ and FDV ~2.3M$

Team supply

  • Team owns 10% of supply which will be locked for 6 months. Currently we dont have a way to lock & vest tokens on BRC20, we are looking for some trusted custodian who can hold & vest as per schedule.

Headers
% of supply
# of tokens
Token Price in USD
Raise in USD
In BTC
FDV
Vesting
Whitelist

Airdrop to $bYLD

30.0%

3,000,000,000

40% listing, 60% after 2 weeks

Whitelist Presale

8.0%

800,000,000

$0.00020

$162,000.00

6.00

$2,025,000

Unlocked (15% discount over public sale)

150 whitelist, 0.03 min, 0.1 max

Public Presale

22.0%

2,200,000,000

$0.00023

$513,000.00

19.00

$2,331,818

Unlocked

0.05 min, 0.25 max

Farming Rewards

15.0%

1,500,000,000

5% for BYLD, 2.5% for ORDI, 7.5% for Ordinals and other BRC-20. Farms will go live 6 weeks after TGE

Team

10.0%

1,000,000,000

6 months lock, 10 months linear release

Marketing

8.0%

800,000,000

CEX/DEX/LP

7.0%

700,000,000

Total

100.0%

10,000,000,000

$675,000.00

25

Listing Supply

4,200,000,000

Usage of Funds Raised

Below is the usage of funds & distribution of the same

Usage of funds
Distribution
Fund in USD

Team

35.0%

$236,250.00

Liquidity (AMMs in future)

25.0%

$168,750.00

DAO Treasury

18.0%

$121,500.00

Security & Audits

7.5%

$50,625.00

Infra & backend

7.5%

$50,625.00

Social media/Marketing

5.0%

$33,750.00

Protocol Revenue

2.0%

$13,500.00

Total

100.0%

$675,000.00

$bYLD Holders Benefits

  • A total of $710k worth of governance token will be airdropped to $bYLD holders. The governance token airdrop will be released in 2 traches for $bYLD holders. First 40% released on TGE and another 60% 2 weeks later.

  • $bYLD holders can also farm Bitstake token, a total of 5% supply is available spread accross a period of 1 year

  • $bYLD holders with 20k+ tokens will be given a) Whitelist for private sale b) Allocation multiplier/priority pass for projects launching on BitStake launchpad. More details coming soon!

Ecosystem/Farming rewards

  • 2.5% of governance token will be distributed to $Ordi holders as farming rewards over period of 1 year

  • There will be strategic partnerships with NFTs/BRC-20 tokens on Ordinals where they get exclusive farming rewards of governance token 2 Partnerships already finalised with bluechip projects. More details are coming soon

Yield generation & Revenue

  • BitStake Launchpad to conduct community sales will go live before fund raise. Basically, the private/public sale will be conducted on BitStake Launchpad only

  • BitStake Launchpad acts as revenue generating mechanism for BitStake Protocol. 2% of total collection will go as revenue to the DAO treasury.

Tokens Distribution
Usage of Funds