KBTC-K Bitcoin CashDetailed Description

KBTC-K Bitcoin Cash Detailed Description

KBTC is a 1:1 anchored BTC-issued cross-chain algorithm stable currency deployed on the HECO public chain.
KBTC is the world's first 1:1 BTC-anchored algorithmic stable currency that combines the AMPL mechanism with BASIS.
KBTC is BTC and is now a synthetic asset on HECO. In the future, it will become a cross-chain BTC synthetic asset. It will allow BTC users to participate in DEFI applications more conveniently on various public chains. Users only need to use BTC can be converted to KBTC.