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#BTU DEVELOPER NEWS DESK — 2020-02-26

BTU Protocol launches bDAI stable coin, the BTU Incentivized version of MakerDAO’s DAI


News from the BTU Coin Development team on February 26, 2020

Earning BTU crypto after each stable coin payment

Paris, February 27th, 2020. BTU Protocol, a top 200 crypto-asset, is applying its reward token to foster real-world DAI adoption. DAI is the world’s first unbiased currency and leading decentralized stablecoin, pegged to USD.

BTU Protocol has designed several Dapps offering to earn BTU crypto during every day situation : hotel booking, car rental, developer hiring. As a result, earning BTU crypto is straightforward and does require not any risky investment.

Aligned with BTU principles, bDAI stable coin rewards users with BTU crypto, simply by holding or paying with bDAI.

In practice, any user can swap its DAI to bDAI at 1:1 ratio.

Screenshot of bDAI dapp https://btu-protocol.com/bDAI

The rewards are powered by the DAI Saving Rate (DSR), currently at 8% annual rate, and distributed in BTU.

Etherscan screenshot showing a bDAI transfer triggering a BTU Reward

Hervé Hababou, co-founder and President at BTU Protocol explains :
bDAI has many applications. E-commerce sites will be able to accept crypto payments. Consumers will earn BTU without having to conduct speculative trading. They can even optimize their BTU holdings by claiming their rewards at different times”.

At launch time, the bDAI is listed on
- Paraswap : https://paraswap.io/#/DAI-bDAI/100
- 1inchExchange : https://1inch.exchange/#/DAI/bDAI

About MakerDAO : MakerDAO is a decentralized organization dedicated to bringing financial stability and transparency to the world economy. MakerDAO enables the generation of Dai, the world’s first unbiased currency and leading decentralized stablecoin. Dai eliminates volatility through an autonomous system of smart contracts called the Maker Protocol, as well as through decentralized community governance. The Maker Protocol, as one of the largest decentralized applications (dapps) on the Ethereum blockchain, was the first decentralized finance (DeFi) application to earn significant adoption. All Dai is backed by a surplus of collateral that has been individually escrowed into audited and publicly viewable Ethereum smart contracts. Anyone with an internet connection can monitor the health of the system anytime at daistats.com
[https://makerdao.com]

About BTU Protocol: The BTU Protocol solution is democratizing the peer-to-peer (blockchain) revolution for businesses and the general public. It implements the BTU token as an economic incentive for users to adopt new channels or behaviors. Any business can encourage consumers, employees or partners to adopt new habits.The company behind BTU Protocol was created in February 2018 and successfully closed in June 2018 a token sale of $5.5M.During CES 2019, the BTU Hotel service was launched in its first version. It has been ranked by Bloomberg Businessweek Chinese Edition among the 10 major innovations of the 2019 edition. The BTU token incentivizes travelers to book on BTU Hotel, increasing their purchasing power.The BTU Protocol blockchain solution operates with 0% commission on transactions. The BTU token is listed on exchanges : Bittrex Global, Upbit Indonesia, VCC Exchange (Vietnam) & Kyber Network (Singapore).[https://btu-protocol.com]


BTU Protocol launches bDAI stable coin, the BTU Incentivized version of MakerDAO’s DAI was originally published in btuprotocolteam on Medium, where people are continuing the conversation by highlighting and responding to this story.



Source     #BTU Price


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