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Bitcointry Token is the official token of Bitcointry, a semi-DEX hybrid exchange. You can stake and earn with Bitcointry Token, and also use it for commission discounts.
There has been confusion regarding token supply, max supply, and circulating supply. To address this, we have made some clarifications:
- The amounts in all deploy wallets can be burned and a bridge can be created with a smart contract. However, the mint feature needed for the bridge to work with the smart contract has been removed for user safety.
- We use our own bridge, which requires BTTY tokens in our deploy wallets.
To resolve the confusion, we are taking the following steps:
1. Starting today, we are adding the amounts in Deploy wallets to our Total supply and Max supply.
2. This will not affect the circulating supply, which will be calculated as (Max supply - Deploy - Team - Marketing).
3. We have determined the required amount for the Bridge from the tokens in the Deploy wallets and burned the excess.
4. BTTY tokens, except for the bridge, will not be circulated between chains.
5. Daily burns will continue.
According to our calculation, the amounts in the Deploy wallets are as follows:
- ETH Deploy: 75 million - BSC Deploy: 150 million - ARB Deploy: 125 million - Core Deploy: 50 million (Deploy amount is locked, it will be released after 6 months)
Based on this calculation:
- Total Supply: 897,423,000 - Max Supply: 497,423,000 - Circulating Supply: 412,423,000
With these changes, we aim to address all the questions and concerns.
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