Bitcoin Standard Hashrate Token (BTCST) is a token collateralized by 0.1 TH/s of actual Bitcoin mining power standardized to an efficiency of 60 W/TH.
Miners contribute mining power to the platform in exchange for newly issued BTCST.
BTCST is the native BEP-20 utility token of the platform. Holding BTCST is equivalent to owning the underlying mining power. Staking BTCST on-chain entitles staking users to receive mining rewards in Bitcoin.
All BTCST tokens other than the initial circulating supply of 1,000,000 are subject to a 25-week weekly linear vesting schedule.