About BitShares Defi Coin
As of 2020, BitShares Defi Coin 4.0 and 5.0 releases were activated, with stake-lock voting, revised BitAssets1.0, and AMM (Automated Market Making). Additionally through the brand protection of EU Trademark by Move Institute (Slovenia) and closure of many business on top of the BitShares blockchain, we decided to incorporate services and products around the BitShares brand by ourselves.
Fully compliant with regulatory bodies, and ready for accredited/legitimate corporate investors interested in profits through the growth of the project, without the ability (existing prior to 4.0) to abuse power for self-interests. With the stopping of blockchain reserve pool funding system, investment of our own funds, and centralizing management of the most decentralized technology, we have proven ourselves as the real advocates of BitShares and what it represents.
Quick Fact About BitShares Defi Coin
| Coin Basic | Information |
|---|---|
| DEFI Coin Name | BitShares |
| Circulating Supply | 2,994,850,000 BTS |
| Total Supply | 3,600,570,502 |
| Contract Address | 0x8ce9137d39326ad0cd6491fb5cc0cba0e089b6a9 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To Visit |
| Twitter Group | Click Here To Visit Twitter Group |
| Documentation | Click Here To View |
| Project Location | N/A |
| Official Project Website | Click Here To Visit Project Website |
DPoS Governance 2.0
With improved voting mechanism through strict stake-lock, power decay due to inactivity, power multipliers to encourage long-term holders/managers and more – BitShares reserves pool limited supply is finally safe.
BitShares Mint
BitShares Defi Coin Mint your own digital assets (cryptocurrencies) with predefined smart-contracts on the core level of the BitShares blockchain. Easy-to-use GUI multi-step form and your own named account, with lowest fees around, minting was never so easy and secure.
Beyond DeFi
On-chain in-built decentralized asset exchange, cryptocurrency mint through smart-contracts, smartcoins that are “borrowed into existence” by collateralizing BTS core token, Liquidity Pools, HTLC, Recurring payments and more.
Transactions
Transactions are constructed then transmitted to the network, containing instructions the user wants to perform. The most simple form is the transfer operation, which contains sender, receiver, amount, and optionally, encrypted memo.
Permissions
BitShares Defi Coin Every account can be controlled by single or weighted combinations of other account/s and/or keys. This creates a hierarchical structure which can be built to reflect real-life permissions – e.g a company or organizations approval and signing processes in digital form.
Identity
The BitShares Blockchain acts as a name-to-public-key resolver in a similar way to the traditional Domain Name Service (DNS). Users can easily remember and pass on their account information instead of error-prone addresses.
Transparent
BitShares Defi Coin does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.
Profitable
Investing in cryptocurrency can be profitable, but with those profits come danger. Transparency is important in financial services, and while other cryptos focused on redefining banking, BitShares aimed at the heart of Wall Street. Whether it’s a kill shot, or they both must learn to live together, remains to be seen.
BitShares BTS is considered a legacy coin as it predates most exchanges (and publications) and is responsible for the crypto trading pair concept. It’s also the first delegated Proof of Stake blockchain and uses community-elected delegates for governance.
Tech running ahead of its time
BitShares Defi Coin are the first DPoS blockchain technology with self-governance, 3 seconds processing time and in-built decentralized financial platform. We combine ethics, responsibility, innovations, fairness, knowledge and 6 years of experience to manage a safe, stable and scalable ecosystem
BitShares (BTS) Cryptocurrency
BTS coin is a native digital currency of the BitShares network. As of September 2020, it ranks №123, according to coinmarketcap.com, with a market cap of $70.841.077. The coin reached its all-time high in January 2018 at $0.9. BTS lowest value was registered in January 2016 at $0.002. The total supply of the cryptocurrency is around 3.6 billion BTS.
The BTS coins mainly serve as a means of transforming real-world assets to digital property. Depending on the type of asset, the system distinguishes smartcoins and user-issued assets. The former are privatized-stable cryptocurrencies, the latter reflects any other assets that users issue through the BTS coin.
SmartCoin
A SmartCoin is a cryptocurrency whose value is pegged to that of another asset, such as the US Dollar or gold. SmartCoins always have 100% or more of their value backed by the BitShares core currency, BTS, to which they can be converted at any time at an exchange rate set by a trustworthy price feed. BitShares provides a high-performance decentralized exchange, with all the features you would expect in a trading platform. It can handle the trading volume of the NASDAQ, while settling orders the second you submit them. High performance blockchain technology is necessary for cryptocurrencies and smart contract platforms to provide a viable alternative to existing financial platforms.
