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Key Highlights:
PumpBTC (PUMP) was featured in an unique Preliminary DEX Providing (IDO) hosted by Binance Pockets.The token sale value was set at $0.015 USD (in BNB), with a 3 BNB cap per consumer.PumpBTC goals to combine Bitcoin into DeFi by means of AI-powered staking and liquidity options.
PumpBTC’s IDO on Binance Pockets Triggers a Frenzy
As a part of its seventh Token Technology Occasion (TGE), Binance Pockets launched PumpBTC (PUMP) by means of an unique IDO. It gained speedy traction, with individuals speeding to safe tokens.
The subscription was opened at 16:00 UTC on April 1st, 2025 for simply 45 minutes, after which the window closed at 16:45 UTC. The announcement was made abruptly, and lots of scrambled to participate.
IDO Particulars & Surging Demand
Carried out on the BNB Good Chain (BSC) platform, the sale mandated deposits of BNB using Binance Keyless Pockets. Every consumer was restricted to three BNB the place the PUMP token was priced at $0.015 USD in BNB. Cap limits included 50,000,000 PUMP tokens (5% of provide), focusing on $750,000 in complete ($ in BNB).
In an effort to participate, customers visited Binance Pockets, went to the TGE buy card, linked their Binance Keyless Pockets to PancakeSwap, and launched BNB.
The demand was mind-boggling — the IDO was oversubscribed 247 occasions in 10 minutes. A complete of 307,187 BNB was dedicated in opposition to a goal of 1,239.52 BNB. A number of customers went as far as to take out loans utilizing the DeFi lending protocol in an effort to purchase BNB to optimize the small window and never pay important borrowing charges.
The token distribution was executed on a proportionate foundation with PUMP tokens awarded in relation to the quantity of BNB contributed as a proportion of the entire BNB deposits. It’s a must to declare your PUMP your self after the sale, and any unused BNB will mechanically be refunded. Tokens can then be seen in wallets, or traded instantly.
PumpBTC — Unlocking Bitcoin’s True Potential
PumpBTC is the primary ever BTC Finance (BTCFi), changing BTC from a mere retailer of worth to an lively yield producing asset. It means PumpBTC OS, the AI-driven engine, optimizes liquidity and stakes throughout chains fixing the issue of liquidity fragmentation.
PumpBTC sees an enormous alternative contemplating Bitcoin’s trillion-dollar market cap. If a BTCFi adoption trajectory parallels that of Ethereum on liquid staking, $50B TVL might flock to the sector.
Because the center of 2024, PumpBTC, has been deployed throughout 27 blockchain ecosystems: Ethereum, BNB chain, Avalanche, Mantle, Arbitrum, and so on. AI pushed options of the platform include:
AI-Pushed Yield Optimization: Operating scans throughout networks for optimum yield methods mapped to consumer danger profiles.Seamless Cross-Chain Mobility: Standardized wrapped BTC belongings (pumpBTC) that allow seamless BTC mobility on varied blockchains.Ecosystem Progress & Liquidity Enhancement: PumpBTC rewards token holders with quite a few benefits whereas additionally incentivizing the stream of liquidity
PumpBTC raised $10M in Seed funding (October 2024) led by Mirana Ventures and SevenX Ventures, with contributions from Mantle, Arcane Crypto, and UTXO Administration.
PUMP Tokenomics, Governance & Airdrop
PUMP Token is a multi-chain asset (ERC-20 & BEP-20) with a number of features within the ecosystem:
Governance: Token holders can vote on adjustments to the protocol.Staking Incentives: Locking PUMP boosts airdrop rewards & yield-sharing advantages.Transaction Payment Reductions & Further Rewards: Decrease charges, elevated staking rewards.
PumpBTC rewards long-term holders by means of vePUMP (vote-escrowed PUMP), which grants governance energy, distributes yield shares in stablecoins or main belongings, and gives further rewards.
Token Provide & Distribution:
Max Provide: 1,000,000,000 PUMPNeighborhood & Ecosystem: 38% (4-year linear vesting)IDO Allocation: 5% (TGE unlock)Airdrop: 9% (unlocked totally at TGE)Advertising and marketing & Liquidity: 8.5% (unlocked on TGE)Contributors & Buyers: 39.5% (1yr lock, 3yr month-to-month vesting)
The governance will likely be phased into a completely on-chain community-based decision-making technique.
Confirmed Airdrop and Eligibility Data
The distribution of 9% of complete provide (90M PUMP) is an airdrop to reward early supporters. Eligibility consists of:
Previous participation in neighborhood occasions.Holding any of the next NFTs (PumpBTC Move, PumpBera, and so on.)Meritorious contributions through the PumpFellow program.Involvement locally.
Along with the IDO announcement, the airdrop declare course of launched, guiding customers to the airdrop.pumpbtc.xyz for verification. On-chain claims will likely be out there from April 2, 2:45 UTC+8. Customers have additionally been warned of rip-off hyperlinks posing to be the official airdrop web site.
With the IDO’s overwhelming success, PumpBTC will turn into a key participant in BTCFi, providing immediate and scalable AI-powered DeFi Options to all Bitcoin Holders globally. The potential for BTC integration in DeFi has by no means been extra promising, due to PumpBTC’s steady growth.
Extra Information: Binance Unveils KernelDAO (KERNEL) as Fourth Megadrop Challenge
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