LBank announced the launch of Boosthub’s BVTBERABTC (BeraBTC Vault Token), enabling a free share of 153,846 tokens for global users. The allocation is accessible via Boosthub, with two pools designed to fit different user profiles: Smart Pool and Futures Pool. The Smart Pool has a hard cap of 1,600 BVTBERABTC and requires a minimum holding of 1,000 USDT plus at least one completed spot or futures trade. The Futures Pool has a hard cap of 1,600 BVTBERABTC and requires an average net asset value between 1,000 and 50,000 USDT, with distribution scheduled for December 5 at 18:00 SGT.
BVTBERABTC is a BTC-Fi project from the Batoshi Foundation aimed at migrating MicroStrategy’s Bitcoin reserve strategy to an on-chain environment. It uses beraBTC as a 1:1 BTC peg, enabling users to inject BTC such as wBTC or cbBTC into the Berachain ecosystem. This transforms idle assets into composable resources that support DeFi applications like liquidity pools, lending, and PoL reward generation. Looking forward, Boosthub will continue to introduce more high-potential early-stage assets, ensuring accessible and transparent opportunities for global users seeking emerging value in Web3.
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