SATS (BitTorrent)

  • Sats Launch Pool

    Overview

    The distribution of Sats tokens is designed to reward active participation within the BitTorrent (BTT) ecosystem through staking and supporting the project. Here’s how the distribution strategy works:

    Staking Rewards:

    1. Daily Rewards:

      • Stakers will earn rewards every 24 hours.
      • The amount of Sats earned is proportional to the amount of WBTT staked, with the highest WBTT stakers earning more rewards.

    2. WBTT Pool:

      • A total of 100,000 Sats will be released to the WBTT staking pool.
      • Rewards are distributed based on the proportion of WBTT staked by each participant, with higher stakes earning a larger share of the rewards.

    3. NFT Staking:

      • A separate pool of 1,000,000 Sats is allocated for NFT stakers.
      • Minting an NFT costs 100,000,000 BTT tokens, but minting is optional. Minting an NFT supports the project and increases the potential reward pool.
      • Similar to the WBTT pool, rewards in the NFT staking pool are distributed based on the proportion of staked NFTs.

    4. Share Pool:

      • All Sats tokens are divided into a pool with a 100% share. The more WBTT or NFTs staked, the greater the share of rewards a participant will earn.

    Sats Distribution Strategy

    The Sats Launch Pool is a platform designed to reward the BitTorrent (BTT) community by allowing users to earn Sats tokens through staking Wrapped BitTorrent (WBTT). The primary aim is to enhance community engagement and integrate Bitcoin (BTC) within the BitTorrent ecosystem.

    Key Features:

    1. No Fees or Lock Period: (network fees will apply)

      • There are no fees associated with staking or unstaking WBTT.
      • There is no lock period; users can unstake their WBTT at any time.

    2. Staking Process:

      • Users stake their WBTT on the Staqe.app platform.
      • The amount of WBTT staked is the amount returned if unstaked.
      • The longer users stake their WBTT, the more Sats tokens they earn.

    3. Earning Sats Tokens:

      • Sats tokens are earned as rewards based on the duration and amount of WBTT staked.
      • These tokens are distributed to incentivize participation and foster a stronger community.

    4. Value and Use of Sats Tokens:

      • Sats tokens have no inherent price value but are intended for peer-to-peer (P2P) transactions within the community.
      • Holders can assign value to Sats tokens without the need for decentralized exchange (DEX) swaps.
    Pool