What is BitStable (BSSB)

1. Project Introduction
BitStable is a pioneering decentralized asset protocol on the Bitcoin blockchain, providing a unique framework for creating, trading, and managing synthetic assets. It enhances liquidity on Bitcoin through a dual-token system and cross-chain compatibility. DAII, a stablecoin, is minted through over-collateralization with Bitcoin ecosystem tokens, with supported tokens decided by BSSB Governance. Initially, only Ordi and MUBI are supported. Users can stake DAII to earn BSSB rewards, the platform's governance token, launched on Bounce Private Launchpad.
Summary: BitStable has attracted attention with its DAII stablecoin, dual-token structure, and cross-chain functionality, aiming to solve liquidity issues on the Bitcoin blockchain.
2. Team & Investment Info
No relevant information available
3. Social Media URLs
X: https://x.com/bssbstable
Telegram: https://t.me/bitstable
4. Token Info
Token Symbol: BSSB
Total Supply: 17,850,000
Token Type: ERC-20
Issuance/Burn Mechanism: There is a buyback and burn plan.
Contract Address:https://etherscan.io/token/0xda31d0d1bc934fc34f7189e38a413ca0a5e8b44f
Token Distribution:
Public Sale: 41.2%
Team: 5.9%, 6-month lock-up, then linear release over 15 months
MUBI Airdrop: 4.1%
Staking Rewards: 42.9%
LP: 5.9%, locked indefinitely
5. Related Links
Official Website: https://bitstable.finance/
Other Info: https://www.rootdata.com/Projects/detail/BitStable?k=MTA0MDM%3D