Bitcoin Token BTCvc Expands Strategic Options for Investors
BTCvc is a non-rebasing token that allows users to maintain Bitcoin exposure while participating in approved strategies. It's minted against native BTC deposited by users, which are held with a qualified institutional custodian and issued on supported blockchain networks like Pharos and Sui.
The token enables holders to participate in approved strategies coordinated by Naro within a framework defined by Ciara, while Veta verifies capital movements against predefined constraints before execution. Strategy-generated rewards are distributed separately to eligible BTCvc holders through periodic distributions.
BTCvc does not rebase and can be redeemed for the corresponding native BTC after the applicable lock-up period through the redemption process.