BTNC Overview
BTNC is the governance token of the Bitance protocol and serves multiple critical functions:
Grants governance rights
Aligns incentives between users and the protocol
Captures protocol value via revenue share or staking incentives
Powers participation in protocol evolution, including DAO operations
Core Utility:
Function
Description
Governance Voting
Participate in DAO proposals, votes, and referendums
Treasury Allocation
Decide how ecosystem funds are used or distributed
Revenue Distribution
Receive a share of protocol revenues via staking or incentives
Protocol Parameterization
Propose and vote on collateral ratios, fees, assets, etc.
Supply & Distribution
Total Fixed Supply: 1,000,000,000 BTNC (1 Billion) BTNC has a hard-capped maximum supply and will not be subject to inflation, burns, or minting. The token’s scarcity is designed to align long-term incentives and governance participation.
Distribution Breakdown:
Category
Allocation
Notes
Public Liquidity
80%
For DEX listings, market making, and fair access
Protocol Incentives
10%
Used for minting rewards, governance staking incentives, LP incentives
Community Growth
5%
Air drops, builder grants, referral rewards
Development Fund
5%
Treasury-managed: audits, upgrades, partnerships
Distribution Design Principles:
No central team reserve: No pre-mine for founders or insiders.
No lockups or vesting cliffs: 100% community-first token economy.
No transfer taxes or burns: Simplicity and composability prioritized.
This structure supports fair market launch, encourages early adoption, and guarantees the majority of supply remains in circulation for organic governance.
Revenue Sharing Model
As the Bitance protocol generates fees from minting, redemption, and liquidation, a portion of these revenues is redistributed back to BTNC stakeholders. This is designed to:
Align incentives between governors and protocol health
Reward long-term participation and staking
Create sustainable value accrual
Revenue Sources:
Minting fees on BUSDX
Redemption fees
Liquidation penalties (if any)
Spread income (from DEX integrations)
Distribution Methods:
Direct staking rewards to BTNC holders
Treasury-controlled buybacks
Grants and ecosystem subsidies
The DAO will vote on revenue allocation ratios, ensuring continuous alignment with evolving community priorities.
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