Partners

Liquid
Uni
Hex
A195
DAO ventures
Matic
Launchpool
Alphabit
o1ex
Tdefi
alpha sigma capital
fbg capital
gbic
Iconomy
Jun Capital
Master Ventures
protocol
protocol
protocol
protocol
protocol
protocol

Stake your Bitcoin to mint BTC Proxy ERC20 and MRC20

  • No centralized exchange risk
  • No price slippage
  • Not affected by volume or liquidity
  • Insured custody

Backed by

Elegance in Efficiency

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Lowest Gas Fees to Mint and Redeem

Confirmation of Bitcoin blocks onto an Ethereum smart contract using a Matic side chain make Proxy the cost effective choice

  • Layer-2
  • Lowest Minting and Redemption Fees
  • Confirmation in under 30 mins
  • On Chain Verifications

Institutional Custody

Trusted consensus to protect your Bitcoin

Comprehensive Crime Insurance

Commercial criminal insurance to further safekeep our client assets. The insurance coverage is arranged by Aon via a selection of international insurers.

Inclusions

The insurance is a proprietary Aon solution and covers theft of digital assets, via employee dishonesty or through third parties, held by Hex Trust on behalf of their clients.

Segregated Wallets

DAO Member funds never mix with the general pool

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How do you use BTCpx?

Minting refers to the process of creating new BTCpx tokens. Minting is a decentralized process whereby the user interacts directly with the smart contract to verify the BTC has been sent to the custodian. The BTCpx smart contract verifies the Chainwork and Merkelroot of the Bitcoin transaction and validates that to approve the minting of new tokens. Your BTC is stored in custody so the new tokens are backed by Bitcoin at a ratio of 1:1. There are no central or manual process involved, the system is trustless and can confirm transactions at 30 min intervals. Use your newly minted BTCpx on DEFI applications or stake them for rewards.