The increment of the BTCST token is on a 1 BTCST (old token) = 10 BTCST (new token) exchange rate.
BTCST is the first Bitcoin leveraged hashrate token in the blockchain industry and the first hashrate token launched on Binance Launchpool. Similar to how Grayscale Bitcoin Trust established institutional liquidity for Bitcoin, BTCST creates an efficient market for Bitcoin mining capacity.
BTCST is a smart contract based on BSC with no private equity, zero venture capital risk, and zero team token reserves. It relies entirely on community self-governance and has passed security audits by Armor Labs and CertiK.
BTCST collaborates with five institutional miners that account for 12% of the entire Bitcoin hashrate: BTC.TOP, Easy2Mine, Genesis Mining, Atlas Mining, and Hengjia Group. Additionally, wallets such as Trust Wallet, MathWallet, TokenPocket, SafePal, and others support BTCST.