METAWHALE is a self-updating elastic deflationary protocol, backed by its own self-filling reserve and liquidity. MetaWhale BTC (MWBTC) is a new paradigm of elastic supply tokens. It employs a self-updating deflationary monetary policy backed by a self-filling reserve of tokenized and redeemable Bitcoin. MetaWhale BTC integrates MetaWhales burn mechanics, establishing its value from its reserve of tokenized Bitcoin while also burning it, attempting to accelerate Bitcoins implosion.