BitANT is the governance token of Bitbtc.money, a platform that splits BTC issued on the Ethereum network. The platform has been deployed on the BSC chain and the optimism network. The code is fully open source and has received angel round financing. The total amount of BitANT is 10 billion, which has been minted at the time of creation, the team does not own tokens, and the community DAO governance.

Solve the pain points of BTC payment
Bitbtc.money is a Bitcoin payment system built on Ethereum. The platform splits 1 BTC into 1 million BitBTC through smart contracts, and the exchange rate between the two is always anchored. In addition to bitbtc, btc is also split into sats, sat is the smallest unit of btc, which is equivalent to all the tracks that we have occupied to split btc. In the future, eth will be split.
Users can directly use BitBTC for daily payment, which greatly reduces the single payment unit and facilitates payment calculation. At present, the project has been deployed to bsc, optimism and polygan, etc., and will support all evm base chains in the future.

Allocation ratio and deflation mechanism
As the governance token of the BitBTC platform, BitANT has no private placement and no reservation. The total amount of BitANT is 10 billion, 80% of which are locked in uniswap v2 and cannot be unlocked before 2029 (the 20th anniversary of Bitcoin issuance), 15% are used for community ecological airdrops, and 5% are used for pledge mining.
Up to now, BitANT has destroyed more than 800 million coins on Ethereum, and currently spans 3 chains. After crossing the chain to bsc in February 2022, a 5% tax will be charged and all will be destroyed. The community will vote to cancel the tax until it is listed on the exchange.

DAO autonomy
The community conducts voting governance. For example, the destruction of 800 million tokens is a community vote, and the project party executes it. The official website will launch the voting system in 2022.

Ecological applications
The BitBTC platform already has several landing applications, including red envelopes, NFT trading platform, gamefi, etc.
Red envelopes can be used for ecological airdrops, support bsc, polygan