As the world becomes more and more digital, cryptocurrency is the next natural step in currency development; therefore, with the accelerated development of cryptocurrency, DeFi is also decentralized finance A development trend. BHC is the first DeFi platform cryptocurrency from ordinary people that is completely created by a globally dispersed autonomous crypto community, and represents an important step in the adoption of DeFi in the global crypto community.
BHC is the first DeFi+NFT open financial ecosystem with no private equity, no pre-mining, and completely spontaneous, autonomous and self-led by the global crypto community. This is a blockchain movement initiated by the global crypto community. , This is also a brand new global crypto community experiment, and pays tribute to Satoshi Nakamoto.
At present, the DeFi market is mixed with fish and dragons, seriously ignoring that the core is community traffic + consensus, and the pattern of oligopoly and monopoly still exists. The Pi Network native community group, which focuses on a strong consensus and large ecology, has the strongest enterprising innovation, the spirit of equality and freedom. It will be based on the community and establish a community DeFi platform that truly meets the needs of the bottom layer, so that everyone in the community can be the master, without oligopoly and monopoly exploitation, and a high degree of community autonomy.
Currently in the creation period of the community initiated, and then as the DeFi development is completed, BHC liquidity mining will be started, reaching 100,000 + community participation, the layout of the NFT ecology (bounty hunter game ecological development), and the start of NFT secondary mining Mine, ETH-BHC-NFT triangle delta cycle intergrowth and harmony.
DAO short for Decentralized Autonomous Organization. In the blockchain system, it refers to an organization that uses smart contracts as a platform to govern, operate and maintain a certain system operation. Because it uses smart contracts as a platform, its execution process is open, fair, transparent, and irreversible, and it can achieve effects and trust that humans cannot achieve in a centralized way to manage organizations in real life, so it is favored and respected by many people.
In the subsequent DAO governance, tokens can not only be used as voting rights, but may also be used as a certificate of benefit sharing to participate in the huge dividends generated by the project. The BHC creation liquidity is provided by the creation team. When the overall liquidity fund pool develops steadily, the creation team will gradually delegate the liquidity to the entire encrypted community, and the community will be the owner of the operation. Of course, the liquidity must be provided by holding BHC Of the holders.
Open more stable coins, and other mainstream coins except ETH provide cross-chain operations to increase liquidity. During the period of rapid development, voting will even be adopted. Only when the number of votes reaches a certain threshold, the transaction pair is allowed to provide fluidity. The introduced BHC voting mechanism gives an innovative governance method, which is decided by community voting.
The economic model of fixed Bitcoin + deflation has given successors a basis for continuous imitation and innovation. To pay tribute to Satoshi Nakamoto Bitcoin,A fixed total of 100,000 BHC。
In order to strike a balance between scarcity and accessibility, and to ensure that a large number of individuals will not accumulate in the hands of a very small number of individuals, community-based, the creation team formed by enthusiasts in the global crypto community only accounts for 10% (including providing DeFi Early liquidity, technology development and operation, etc.), much lower than Pi Network’s 25% developer reward.
Any real individual can obtain his own BHC through BHC liquidity mining. There is no threshold. As long as the basic expenditure of ETH miner fees is met, they can freely participate and make progress. Among them, 5% is set as the airdrop share of the global encrypted community. Any natural person who enters BHC to participate in liquidity mining and subsequent ecological construction has a probability of receiving BHC airdrop rewards. In addition, there is 5% as a long-term incentive + dividend for the contribution of the global crypto community. The remaining 80%, of which 50% is the BHC liquid mining part, and 30% is reserved for ecological development needs such as NFT. The proportion of all plans is fixed, can be checked on the chain, and can be monitored by the global community.