1. Overview
Bitcoin Zed (BTCz) is a Bitcoin-inspired, fixed-supply asset deployed on BNB Smart Chain (BEP-20). The project aims to combine Bitcoin-style scarcity with low-fee, fast DeFi infrastructure, while keeping contract logic simple and auditable.
BTCz is designed as a straightforward base asset: no rebasing, no reflections and no hidden minting. The goal is to provide a clean, education-friendly token that can be used in DeFi experiments, simple onboarding flows and community-driven initiatives, without complex or opaque mechanics.
2. Architecture
2.1. Network & standards
Bitcoin Zed is deployed on the BNB Smart Chain and follows the BEP-20 standard (ERC-20 compatible). This allows easy integration with most existing wallets, DEXes and tooling.
- Chain: BNB Smart Chain (BSC)
- Standards: BEP-20 / ERC-20 compatible
- Wallets: MetaMask, Trust Wallet and others supporting BSC
2.2. Token design
BTCz is implemented as a standard BEP-20 token with a fixed maximum supply and no additional minting after deployment (according to the on-chain contract). There is no separate “governance token” or secondary live token; BTCz is the primary and only active token of the Bitcoin Zed ecosystem on BNB Chain.
In the future, if additional utility wrappers, bridged assets or experimental tokens are introduced, they will be clearly documented as separate contracts and risk profiles, with links published on the official website and communication channels.
3. Tokenomics
3.1. Supply
BTCz follows a Bitcoin-inspired fixed cap model with no inflation once deployed. The total supply is capped at 21 million units, with 8 decimals to mirror the concept of “satoshis” in Bitcoin.
- Total supply BTCz: 21,000,000
- Decimals: 8
- Minting: no additional mint after deployment (as per contract logic)
3.2. Fees & taxes
To keep behavior predictable and friendly for educational and DeFi use cases, Bitcoin Zed implements a 0% tax model:
- No buy tax
- No sell tax
- No transfer tax
This means all transaction costs are purely network gas fees and DEX swap fees, without additional token-specific cuts.
4. Mechanics & Liquidity
4.1. Core liquidity pools
Bitcoin Zed’s pricing is anchored through on-chain liquidity pools on decentralized exchanges such as PancakeSwap:
- BTCz / BTCB pool: a natural route into BTC-pegged liquidity on BSC.
- Additional BTCz pairs (e.g., BTCz / BNB, BTCz / stablecoins) may be added over time.
These pools are standard constant-product AMMs (x·y = k), where price emerges from the ratio of the two token reserves.
4.2. Price discovery & AMM behavior
In constant-product AMMs, the price of BTCz is determined by the relative balance of BTCz and the paired asset in each pool. When users buy BTCz, they remove BTCz from the pool and add the paired asset, pushing the price up; when they sell, the opposite occurs.
Arbitrage traders play an important role in aligning the BTCz price across different pools and venues. If pricing diverges between two markets, arbitrageurs can buy where BTCz is cheaper and sell where it is more expensive, bringing prices closer together and deepening liquidity over time.
4.3. Integrations & utilities
The project is designed so that future integrations such as:
- staking or vault-like products,
- bridges to other chains,
- lending or borrowing protocols
can reference BTCz directly or through clearly documented wrappers. Any such integration will carry its own additional risks and should be evaluated separately by users.
5. Governance & Roadmap
5.1. Governance
Bitcoin Zed does not initially launch with on-chain governance or a separate governance token. Early decisions are made off-chain by the core contributors with feedback from the community through public channels.
Over time, if sufficient adoption is reached, the project may explore:
- Snapshot-style signaling for major changes,
- basic on-chain voting for treasury or parameter updates,
- multi-sig controlled upgrades to non-core components (e.g., bridges or vaults).
5.2. High-level roadmap
A simplified roadmap includes:
- Launch & liquidity seeding for BTCz.
- Documentation, tutorials and educational content.
- Listings on data aggregators and tracking platforms.
- DeFi integrations and experiments built around BTCz.
- Community-driven proposals for further integrations and utilities.
6. Risk Factors
Holding or interacting with BTCz involves significant risk. This project is experimental and highly sensitive to smart contract risk, market risk and liquidity conditions.
6.1. Smart contract risk
Even simple contracts can contain bugs or behave unexpectedly in edge cases. Users should review the code and any audits, and never allocate more than they can afford to lose.
6.2. Market & liquidity risk
Liquidity pools can be shallow, especially in early phases. Price impact, slippage and volatility can be extreme. The value of BTCz can go to zero.
6.3. Integration & third-party risk
Any future bridges, vaults, centralized exchanges or other integrations introduce additional risk layers. Exploits or misconfigurations in those external systems can affect BTCz holders and the broader ecosystem.
7. Disclaimer
This document is provided for informational and educational purposes only. It does not constitute investment, legal or tax advice. Bitcoin Zed is an experimental cryptoasset and may fail completely.
Bitcoin Zed (BTCz) is a distinct and independent project. References to “Bitcoin” are purely conceptual and do not imply any affiliation with the Bitcoin network or its developers, and BTCz is not associated with other projects that may use similar names.
By interacting with BTCz, users accept that they are solely responsible for their own decisions and should perform independent research before taking any action.