BlueBitcoin

____ CORE CONCEPT

bBTC is a token inspired by Bitcoin’s ethos, leveraging DeFi innovations on Base.

It is deflationary, backed by BTC (via cbBTC) and channels yield from cbBTC.

____ Tokenomics

• Total Supply: 21,000,000
• The supply is fully minted

____ POOL FEES USAGE TO SUSTAIN $BBTC

BTC-Backed: A % of the fees collected from pool revenues are converted to cbBTC to fund the BTC backed protocol treasury.

Burn Mechanism: A % of the fees collected from pool revenues (Uniswap, Aerodrome) are burned, reducing overall supply.

Liquidity Management: A % of the fees collected from pool revenues are added to the pool to maintain a deep liquidity and low slippage.

____ YIELD BEARING

Leveraged Yield: The cbBTC reserve is deposited into DeFi to generate yields, which are reinvested into bBTC (buyback & burn, accumulating more cbBTC, future staking mechanism, or marketing action such as CEX / CMC listings).

____ The rabbit and the turtle

While playing the short-term game can attract ones looking for "get rich quick", the system incentivizes long-term holders.

The rewards accrued through cbBTC yield, restaking, and leveraging grow significantly over time.

____ Risk Management

As with every experimental project, act with caution and remember that any investment carries a risk of loss for participants.

____ The endgame

If the mechanism is successful in the long run, the supply of cbBTC held will grow steadily and ensure growing floor price for the token.

Furthermore, much like Michael Saylor’s strategy, the yield generated beyond the principal value acts as a catalyst for re-pricing the token above its principal (see $MSTR premium vs $BTC).

- - - - Bluetoshi