Tokenomics
Tokens and Fees
The token used in the BitBolt network is a BRC20 token, known as $BTLT.
In the BitBolt network, every Bitcoin transaction or transfer costs 10 Sats.
The transaction fee for transferring BTC from the Bitcoin network to the BitBolt network or vice versa matches the fee that the user would pay when sending BTC on Bitcoin network. The BitBolt network does not levy any additional fees.
Tokenomics and Distribution
Token Standard
BRC-20
Total Supply
21,000,000
IDO
20%
Ecosystem
25%
Community
30%
Airdrops
5%
Reserve for CEX and DEX
10%
Team and Advisors
10%
$BTLT Token Benefits
Access to airdrops, governance, staking, etc.
Ecosystem & Community - 25% and 30% of the total token supply is allocated to the Ecosystem and Community. This allocation will be locked for 6 months after TGE, and will be linearly released over the subsequent 4 years to support BitBolt's ecosystem and community development plan.
Team and advisors - 1-year full lockup, 1-year vesting linear unlock thereafter
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