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Jun 2 โ€ข 6 tweets โ€ข 8 min read Twitter logo Read on Twitter
๐Ÿ”ฅ EXCITING NEWS ๐Ÿ”ฅ

๐ŸŸ  @okx proposes BRC-30, a new protocol based on BRC-20

๐ŸŸ  What is BRC-30 and what does it do? ๐Ÿ‘€

Continue reading below ๐Ÿ‘‡

#BRC30 #BRC20 #Ordinals #OrdinalDaily Image
1/ What is #BRC30? ๐Ÿ‘€

#BRC30 is an enhanced version of the #BRC20 protocol specifically designed for the #Bitcoin space. ๐Ÿ”ฅ

#BRC30 builds upon the design principles of #BRC20 and introduces equity operation functions such as deposit, casting, and withdrawal. โšก๏ธ
2/ With #BRC30, users can stake their #BRC20 tokens and #Bitcoin, earning corresponding #BRC30 tokens in return. โœจ

๐Ÿ‘‰ This proposal introduces a staking mechanism for #BRC20 tokens, or #Bitcoin, to the #Bitcoin network. ๐ŸŸ 
3/ How does it work?

Project Party:
๐Ÿ”ธ Issuing BRC-30 tokens by creating staking pool

Users:
๐Ÿ”ธ Stake their BTC/BRC20 tokens to earn other BRC-30 tokens and can claim their mining rewards at any time by minting yield tokens. Image
4/ In summary, @okx's introduction of #BRC30 brings staking capabilities to #BRC20 tokens and Bitcoins, enabling users to earn passive income, actively participate in the #Bitcoin network, and contribute to a more stable token ecosystem. โšก๏ธ

Details: okx.com/cn/web3/build/โ€ฆ
If you find this helpful, Like + RT + ๐Ÿ””โœ…

Got any questions? Let me know in the comment ๐Ÿงก

To stay updated, follow ๐Ÿ‘‡
@OrdinalDaily
@BRC20daily
@brc20vietnam
@mrJackLevin
@BitGod21
@BRC20Coins
@okx
@star_okx

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More from @OrdinalDaily

May 31
๐Ÿ”ฅ NOTABLE UPCOMING ORDINAL PROJECTS ๐Ÿ”ฅ

๐ŸŸง Get ready for the storm as @Bitcoin #Ordinals dominate the market! ๐ŸŒช

๐ŸŸง Stay ahead in the game with this ultimate list of upcoming potential projects ๐Ÿš€

๐ŸŸง Want WL? Comment below ๐Ÿ‘‡

#BRC20 #Oridnal #Bitcoin #OrdinalDaily Image
Read 6 tweets
May 31
๐ŸŸ  BRC-721 is revolutionizing the space on #Bitcoin by bringing a new token standard and enabling conversion of ETH-721 NFTs to #Ordinals.

๐Ÿš€ It's a game-changer! But how does it work, and why should you care?

Let me break it down for you. ๐Ÿ‘‡๐Ÿงต

#BRC721 #Bitcoin #OrdinalDaily Image
1/ #BRC721 is a new protocol for #Bitcoin that aims to bring Ethereum-like NFT features to #Ordinals.

#BRC721 is deployed on #Bitcoin using Solidity smart contracts and powered by Trustless.

It allows the creation of NFTs with over 100 artists and projects already published.๐Ÿ”ฅ
2/ Here's how you can get started:

๐Ÿ”ธ Head over to trustlessnfts.com
๐Ÿ”ธ Connect your wallet
๐Ÿ”ธ Click on "Create BRC-721"
๐Ÿ”ธ Enter the collection name, add your images, and submit on-chain. Image
Read 7 tweets

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