tBTC-τBitcoinDetailed Description

tBTC-τBitcoin Detailed Description

τBitcoin is a synthetic token based on Bitcoin. BTCST stakers can mine τBitcoin. According to the price-pegging mechanism of the Tau protocol, the price of τBitcoin is linked to the price of Bitcoin at a ratio of 1:1.
With the support of institutional miners who account for 12% of Bitcoin's global hashrate, τBitcoin will become a unique DeFi project. Currently, τBitcoin has been listed as the planned reserve currency of the XOR token bonding curve of the SORA network.