Author(s): Henry Woo (Ethereum developer), Milos (DL) Preocanin (BitShares architect) Deployed by: Long Jie (BitShares JS Developer)
'dBTS' stands for 'Decelerated BitShares, as the moment when $BTS moves out from its native tech it becomes MUCH SLOWER, hence 'decelerated' and a turtle-like logo for 'd'. In order to expand ourselves to other ecossytems as the oldest, fastest dPOS around that is constantly being rejected from top ecosystems just because its 'not their native token'.
Since people started going crazy with 'wrapped' BTC who does have price of its own and has nothing even close to what we consider PEG around BitShares, or line of 'synths' by new modern tech startups... We invented MPA's with oracles more than half decade ago, so it's time to show their markets what is the real meaning of PEG to an Asset and how Bitshares does it.
We need it to enter, demostrate power and dominate their markets while presenting their technology as obsolete.
TX cost per swap within Bitshares blockchain: ~ $0.10 (Basic account) TimeToComplete: 3 seconds fixed TX cost per swap within Ethereum blockchain: ~ $18-$198 (Uniswap, Metamask) TimeToComplete: ~ 3 minutes
Capped, Mintable, Burnable, Pausable.
OWNER/MINTER ADDRESS: 0xb4a19FA2196519641959c2Dd316daBe667F3fBd0 TOKEN CONTRACT ADDRESS: 0x58e27acd119a13bb41c795b9362b6c6dd39e0f3b
Precision: 5 decimals
Max mintable supply: 3,600,570,502.00000
Initial Supply: 20,000.00000 dBTS
organization (BitShares.org, Move Institute - Slovenia).
BitShares Management Group Limited Thailand
Announcement: by 25. May 2021. Gateway for PEG and SWAP along with corporate account on Bitshares blockchain that will be used for proof of issued deposits (BTS proof on ethereum blockchain for real BTS known as dBTS). Network website will be launched same day, as well as CMC listing.
Update 18. May. 2021. Etherscan profile and token being updated.