BVT launched Gate Alpha on November 24, starting a series of airdrop events worth over $100,000
The New Generation BTC-Fi ProtocolBatoshi Foundation announces that its governance token BVT will officially launch on Gate Alpha today.Batoshi Foundation is centered around the concept of "MicroStrategy On-Chain," building a native on-chain BTC Treasury by issuing beraBTC (1 BTC = 1 beraBTC). All BTC reserves are verifiable in real-time and can be redeemed 1:1 instantly. The protocol utilizes the "Raise → HODL → Appreciate" flywheel mechanism, unifying fundraising, BTC accumulation, and on-chain yield in one model, aiming to accumulate a reserve of 10,000 BTC over three years.The governance token BVT is used for protocol governance and value capture, supporting mechanisms such as buybacks and dividends, and enhancing its value-capturing ability as the Treasury and DeFi yields grow. The beraBTC asset can provide deep liquidity across multi-ecosystem DEXs, lending, and derivatives protocols while also earning additional cross-chain yields.Gate Alpha will launch a $30,000 BVT trading competition on November 25. According to the rules announced by Gate Alpha, users who complete the daily designated "hot coin" buying tasks between November 25, 14:30 -- November 28, 08:00 (UTC+8) will be eligible to share in a prize pool worth $30,000 in BVT. Trading volume will also count towards the peak trading competition, and multiple incentives will be available upon registration.
