Introducing Bit Protocol
Bit Protocol brings in a new wave of stablecoins with bitUSD — the first digital currency built specifically for an omnichain world, running on the innovative Oasis Sapphire confidential EVM. It combines the stability of traditional stablecoins with real, practical utility, tackling a key need in DeFi: bringing Sapphire’s privacy features into a broader multichain ecosystem.
bitUSD is backed by a decentralized collateral system that includes ROSE, Liquid Staked Tokens (LSTs), and Liquidity Positions (LPs). On top of that, Bit Protocol is built with omnichain expansion in mind from day one — making it truly interoperable, useful, and scalable. This isn’t just another stablecoin. It’s an infrastructure layer for a more connected and resilient DeFi space.
At the core of the protocol is bitGOV, the governance token that lets the community share in protocol revenue and steer the future of the platform. Bit Protocol stands out with its unique blend of utility, decentralization, and forward-looking economics — making it more than a tool, but a real solution with purpose in the next era of DeFi.
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