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Ape_Bitlayer_Bitquity mobile

Best BiDeFi platform in Bitlayer ecosystem

Bringing you BBD - Bitcoin Backed Dollar, the stablecoin backed by the mother of all cryptocurrencies. Exclusive on Bitlayer.

Building a BeDeFi platform on Bitlayer is the breakthrough that Bitcoins DeFi ecosystem has been waiting for.

The future of decentralized finance on bitcoin!
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Finally get yield on bitcoin

Borrow with 0% interest rate

Over-collateralized stablecoin

No maturity time limit

Stake to earn protocol fees

Hoodie

Unique Use Case

Unlock the full potential of your Bitcoin with BITQUITY!

Earn passive income effortlessly by lending your Bitcoin and enjoy steady returns without ever needing to sell. Tap into instant liquidity by using your Bitcoin as collateral for borrowing, and seize the opportunity to amplify your gains through leverage.

Take your Bitcoin holdings to the next level!

Hedge

  • Stabilize investment against market fluctuation
  • Hold BTC and other assets in parallel
  • Deposit Bitcoin as collateral
  • Retrieve Collateral at any time

Leverage

  • Amplify your returns by leveraged lending
  • Borrow additional funds for investments
  • Significantly increase exposure to potential gains

Liquidity

  • Multiple stabilization mechanism
  • BBD and SWAPE staking pools
  • Secure Liquidations and Redemptions
  • Multiple user incentives
  • Smart Swap Routing

Ecosystem Explained

Understand the future of decentralized Bitcoin finance (BiDeDFi) with our cutting-edge solutions

BBD

Bitcoin Backed Dollar - the $BBD - is an over-collateralized stablecoin.

SWAPE

$SWAPE is the backbone of the Bitquity ecosystem and our platform token. Stake $SWAPE to earn the borrowing and redemption fees.

Liquity Vault / Vault

The vault is a container for your personal borrowing position. When you borrow stablecoins for the first time, you open a new vault.

Collateral Ratio (CR)

The collateral ratio is the proportion of your BTC collateral versus the borrowed BBD in your Vault. Example: Borrowing 1,000 $BBD while depositing 0.2 BTC (≈ 1500$ worth) as collateral results in 150% Collateral Ratio (CR). Your vault is over collateralized.

Liquidation

When a Vaults Collateral Ratio drops below 110%, it can be liquidated. This means that you will lose your BTC collateral, but you keep your borrowed $BBD. You can avoid this scenario by using (or increasing to) a higher CR while borrowing (150%, 200%, etc.).

How it works

Step 1: Open Vault

Step 1: Open Vault

Borrow $BBD with Bitcoin as Collateral. Over-collateralize for more security.

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Step 2: Stake BBD

Step 2: Stake $BBD

Stake your $BBD from step one into the Stability Pool to earn and $SWAPE BTC from liquidations.

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Step 3: Stake $SWAPE

Step 3: Stake $SWAPE

Stake your $Swape now to earn redemption fees and platform fees in BTC.

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Why on Bitlayer?
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A programmable scaling solution

While Bitcoin remains the leading blockchain for value transfer, it faces limitations in terms of scalability and transactions costs. Bitlayer tackles these issues head-on by leveraging cutting-edge cryptographic protocols and virtual machine technology.

A native Bitcoin Layer 2

Bitlayer is building a native Bitcoin Layer 2 using BitVM paradigm, it will achieve Bitcoin finality, trustless bridge, multiple virtual machine support. This means that developers can easily migrate to Bitlayer.

BitVM Paradigm

Existing smart contract written in Solidity, Vyper, or an other language that compiles to EVM bytecode directly to Bitlayer, using familiar tools such as Ethereum JSON-PRC and Hardhat.

Security and Cost-Efficiency

Offers more cost-effective interactions with decentralized applications, backed by the security of Bitcoin. This makes it an attractive platform for users prioritizing security and efficiency.

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Want to become an early investor?

Reach out and become a part!

Read more about our private sale in the pitch deck. Closing soon.

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Team & Advisors

Fabio

Fabio

CEO

Ape from class of 2015, full-time-degen since 2017, background in IT with focus in Networks, NPO-Fundraising, Investing and Sailing.

Tommy

Tommy

BD

Hodler since 2016, crypto enthusiast since Defi summer & trend researcher. Ape that managed digital agencies, now living in the crypto jungle.

Pablito

Pablito

Engineer

Developing Smart Contracts & Co. since the early days of Solidity. Backend Engineer and Smart Contracts Specialist.

Jerry

Jerry

Socials & BD

Winner of the Chinese math competition 2023. Social Media and Business Development in Crypto since 2017.

Charlie Hu

Charlie Hu

Advisor

Founder of Bitlayer, former head of Polygon China.

BTCTerminal

BtcTerminal

Incubator & Accelerator

BtcTerminal is supporting as Accelerator to bring BITQUITY to the masses - and to BtcPad. Full support in every perspective.