3 KEY POSTS ON BVM & RUNIX
GM. A few members reached out via DM, so I thought it would be helpful to include this in a post.
We've been communicating frequently in the last few days about the BVM & RUNIX situation. But in case you missed it, here are the 3 key posts.
1. This week, there has been a widespread misperception among the BVM community that RUNIX holders could earn and dump an unlimited amount of BVM.
This is NOT correct.
Unfortunately, many BVM holders sold their BVM because of this misunderstanding. The maximum amount is actually very tiny. Even if you sell all of the RUNIX supply of 21B, you would only get ~13,000 BVM. See the post below for more info.
https://t.co/gcxT64yWTD
2. A few days ago, we outlined a list of actions we would take. We're working through them this week and updating the community on the progress as we go.
https://t.co/niqiobOTHh
3. RuneChain is now a complete spin-off from BVM.
This is a win-win.
RuneChain focused on building out the DeFi stack for Bitcoin based on Runes with Runes DEX, Runes Staking, Runes Lending, etc. We think Runes has a bright future, and RuneChain is positioned strongly for Runes.
BVM continues to focus on building infrastructure and tools for Bitcoin builders to launch & scale Bitcoin.
https://t.co/wCFoRDrFgJ
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Note that we can't control misunderstandings, misinformation, and how humans react to different market events.
What we can control is to focus on doing what we do best: building up long-term fundamentals for our products.
Both BVM and RuneChain have strong fundamentals, and over a long period of time, they will deliver maximum value to their holders, which includes you and me.
π«‘
PS: RuneChain has only launched... 5 days ago. Give it time to grow. The last thing we want is to prematurely kill a 10B protocol after 5 days. And it's a free drop for the BVM community. The BVM community owns the RuneChain protocol 100% with revenue sharing starting on May 19.
Thank you, @bitgetglobal, for featuring the latest Bitcoin L2 powered by @BVMnetwork.
RuneChain ($RUNIX) is a Bitcoin designed for trading runes and has a $0.001 tx fee and a 2-second block time.
wait.. did we accidentally build $runix as the first rune with utilities?
- revenue shares
- trading fee discounts
- governance
- staking
https://t.co/t1bORUt8P6
rune #4 runix is the runechain token. runechain is a bitcoin l2 for runes trading with 2s tx time & $0.001 tx fee.
1 Rune Whisperer is all you need to receive $BOZO, More Whisperers = More $BOZO
@BOZO_Rune Tokenomics will be released later in the week.
Drop your wallet & RT if you want some $BOZO π