BTC Proxy
  • BTC Proxy Documentation
  • Getting Started
    • What is BTC Proxy?
    • Current Challenges
    • Features
    • The Proxy Relay
    • BTC Proxy Advantages
    • Use Cases
    • User Interface & Navigation
    • On-Chain Transfer Restrictions
    • Fees
    • Minimizing Transaction Risks
  • Minting
    • How to Mint Video
    • What is Minting?
    • Minting Sequence
    • BTC Proxy Mint Interface
    • How to Mint?
  • Redeeming
    • How to Redeem Video
    • What is Redeeming/Burning?
    • Burning Sequence
    • BTC Proxy Redeem Interface
    • How to Redeem?
  • Custody
    • What is Custody?
    • Custodian Wallet Setup
    • Transferring Funds from Cold to Hot Wallets
    • Insured Custody
    • Regulated
    • Integration
  • PRXY Token
    • What is PRXY Token
    • Tokenomics
    • Functions of PRXY
    • Allocation
    • Roadmap
    • Legally Binding
  • BTC Proxy DeFi
    • Bitcoin Farming
    • Compound Staking
    • Treasury Bonds
    • Programs
    • Redux
  • Contract Addresses
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  1. BTC Proxy DeFi

Programs

Speciality programs designed to fit the needs of Institutions and the market

iBTCpx V2 program allows the user to Claim and Stake their rewards with one click directly into Compound Staking

iBTCpx V2- Interest Bearing BTCpx is a contract that allows the staker that holds BTCpx to utilize that asset to derive yield without having to Bond it or to exchange it. Since that BTCpx is representative of their BTC in custody we realize that BTC is valuable and many clients do not wish to sell it. iBTCpx is a simple reward rate program (as opposed to compounding), the yield generated from this program is PRXY and the rewards accumulate each block.

iBTCpx V1 - Does not have the Claim and Stake function it only has the Claim function and as a result users will have to Bond their PRXY rewards to enter the compound staking pool. Unstake your BTCpx from V1 and move it to V2

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Last updated 3 years ago

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