🔸 Introducing BRC Standard: the yield-bearing index protocol that allows users to one-click mint indexes that give exposure to a batch of strategies on the $BTC Ecosystem.
In this 🧵, we'll deep dive on protocol features, yield-bearing strategies and much more.
Minting 101 on @BRC_Standard! 📚
🔸Minting (Issuance) means providing the correct collaterals of the current composition of the Index.
🔸It is less gas-intensive compared to buying and it can be of advantage to large Investors.
Learn more: 👇 https://t.co/ATwzC62eKC
Want to get quick exposure to a particular basket of #BRC20 tokens? You can use ETH or USDC to buy one of our Indexes.
@BRC_Standard smart contracts will automatically buy the underlying assets and mint you the corresponding amount of Index Tokens.
👉 https://t.co/oQBNLeLJMi
BRC20 creator @domodata and lead maintainers @bestinslotxyz@unisat_wallet will discuss their recently proposed “Swap Module” for BRC20 with the community this Thursday.
This proposal enables the creation of liquidity pools within the BRC20 standard. Come ask your questions live and review their open source code proposal in comments below.
Thanks in advance to our co-hosts @isabelfoxenduke and @SandshrewRPC for making this community forum possible.
https://t.co/XAftSYRJh3
🔸 Introducing BRC Standard: the yield-bearing index protocol that allows users to one-click mint indexes that give exposure to a batch of strategies on the $BTC Ecosystem.
In this 🧵, we'll deep dive on protocol features, yield-bearing strategies and much more.
We see in #BRC20 and #Ordinals the solution that truly embodies the spirit of community and decentralization, so deeply ingrained in the ethos of the crypto world.
BRC Standard represents the gateway to this new and powerful ecosystem! ⛩️
👉 https://t.co/6mZNXNewI3
As the gold standard represents a monetary standard under which the currency's unit is defined by a fixed amount of gold, BRC Standard aims to become the beacon of value for the #BRC20 & #Ordinals Ecosystem.
We are thrilled to present you BRC Standard, the go-to solution to get exposure to meticulously curated indexes featuring a selection of BRC20-native assets.
Official Whitepaper is out:
https://t.co/5WjTj0ockG
#BRC20#Ordinals#BTC#INDEX
The #BTCFi market is growing fast
The next big update in the narrative could be something acting as a bridge between $ETH DeFi and BTCFi
Something like BRC20 indexes being built by @BRC_Standard $BRCS
$BRCS has a user-friendly UX of buying/minting Indexes to be exposed to the BRC20 narrative as a whole
You can either directly swap your $ETH or $USDC into the indexes, or mint them with the underlying tokens
Same way when exiting, you can sell back into $ETH or redeem the index getting back the underlying assets
The first index going live on $BRCS is $MEI
$MEI is built by $MUBI, $BSSB, and $TURT, some of the OG blue chips of BRC20 tokens
The $BRCS token will serve as the governance token for the project
And it will accrue bribes from Governance Wars
Governance will decide what the new Indexes will be formed by, and projects can bribe $BRCS holders with incentives to have their tokens be in an index (more liquidity)
$BRCS simplifies the entry to the BTCFi ecosystem with one-click strategies for exposure
Will be interesting to watch it unfold
Telegram: https://t.co/AcVKxrcNh2
Website: https://t.co/J68NnvuSO1
Bitcoin gas fees are too high for optimal DeFi activities
@BRC_Standard pioneers a unique solution to tackle this
Here’s how to be positioned early for MASSIVE gains
(+ why I think Binance might list $BRCS soon)
🧵👇
A growing market is that of the #BTCFi
BRC20, Ordinals, and every kind of DeFi built on top of $BTC
The best way to navigate this new market with ease is through indexes
The first is going to come thanks to @BRC_Standard $BRCS 👇🧵
🔸Recognising the need for a meticulously curated Index protocol which featured a selection of BRC20-Native & Ordinals assets is what lead us to conceive BRC Standard.
Our journey has just begun. 👀
Psst! Our documentation is live, take a look: 👇
https://t.co/VzurEbbXdF
🔸 Conclusions
We see in #BRC20 and #Ordinals the solution that truly embodies the spirit of community and decentralization, so deeply ingrained in the ethos of the crypto world.
BRC Standard represents the gateway to this new and powerful ecosystem! ⛩️
🔸 Introducing BRC Standard: the yield-bearing index protocol that allows users to one-click mint indexes that give exposure to a batch of strategies on the $BTC Ecosystem.
In this 🧵, we'll deep dive on protocol features, yield-bearing strategies and much more.
🔸Governance Wars.
In governance wars, entities may accumulate significant amount of $BRCS to sway decisions, especially regarding indexes' token inclusions or allocation changes.
These 'wars' will cause fluctuations in token value, creating opportunities for token holders.