BitcoinVM Price (BVM)

What Is BitcoinVM(BVM)?

BitcoinVM is a Modular Bitcoin Layer2 that is compatible with EVM, using BTC as the "gas" and the "native currency" within its ecosystem. It seamlessly connects Bitcoin and EVM ecosystems, thereby enhancing the utility of Bitcoin by bringing various DeFi applications into the realm and enabling a new era of BTCFi.

Beyond being a singular Bitcoin Layer2 network, BitcoinVM also provides BVM Stack, which is a customizable platform for developers to easily build their own EVM-compatible Bitcoin Layer2 networks. Chains built on the BVM Stack can interact seamlessly with each other, fostering a robust interconnected ecosystem for Bitcoin.

About $BVM Token

$BVM is one of the two gas tokens in BitcoinVM network (the other one is wBTC). The $BVM gas used in the network will be burned. By staking $BVM to the node, one can share the wBTC gas of the BitcoinVM network. The basic information of $BVM is as follows:

• Name: BitcoinVM
• Symbol: $BVM
• Total Supply: 21,000,000
• Protocol: ERC20 & BVM Mainnet Gas Token
• CA (ERC20): TBD

BitcoinVM's vision

BitcoinVM's vision is to establish a brand new BTCFi ecosystem to enrich Bitcoin's application scenarios, including but not limited to Defi protocols (e.g. Dex, liquidity farming, launchpad, lending and others), different kinds of assets (e.g. tokens, NFT, Inscriptions and others), and various kinds of applications like GameFi, SocialFi and many others.

BitcoinVM's Features

BitcoinVM stands at the forefront of bridging the gap between Bitcoin's robust consensus and the dynamic world of Decentralized Finance. Here's an overview of the solutions and advantages of BitcoinVM

• Excellent EVM compatibility. BitcoinVM introduces EVM compatibility to the Bitcoin network, enabling its smart contract capabilities and allowing Ethereum developers to seamlessly transfer their applications and smart contracts to the Bitcoin network.

• Using Bitcoin as the native token and gas. By leveraging Bitcoin's reliability and widespread acceptance, BitcoinVM inherits its stability and trust, thereby benefiting the projects within the ecosystem and also adding utility to Bitcoin.

• High transaction speed and low transaction fees. BitcoinVM network significantly enhances the transaction speed and lowers the transaction fee, ensuring that Bitcoin can accommodate a higher volume of transactions efficiently and cost-effectively.

• Enabling a BTCFi and Web3 ecosystem. BitcoinVM leverages the trust and robust consensus of the Bitcoin network, extending Bitcoin's utility from only value storage to a versatile platform capable of supporting a wide range of applications and financial services.

BitcoinVM (BVM) Community

• Twitter: https://twitter.com/BitcoinVM_BVM
• Medium: https://bitcoinvm.medium.com/