CORE PROTOCOL

Liquidity Protocol： adopts the concept of protocol-owned liquidity to ensure the liquidity of BTA holders without relying on liquidity mining incentives. There are various forms of liquidity: dex-based liquidity and RSP.
Dex liquidity is stored in the BTA/WBTC Quickswap pool. This pool is designed to provide permanent liquidity that is immutable.
RSP provides BTA/WBTC liquidity. For the protocol vault, the balance between reserves and liquidity is achieved through an algorithm, with the goal of optimizing liquidity depth and reserves to achieve market robustness and long-term stability.
This mechanism ensures that BTA tokens can circulate freely in the market, stabilizing the price of BTA over the long term. This is crucial for maintaining the vitality of the network and attracting more users.

Range Stability Protocol (RSP)：The BTA Protocol automatically executes market operations to absorb market price fluctuations related to BTA and its reserve assets. This system is known as range stability (RSP). The initial design of the system operated independently for individual reserve assets and has been deployed to stabilize the price of BTA against WBTC.
RSP involves deploying bond reserves in a downward-trending market and selling BTA for reserves in an upward-trending market to stabilize prices. The nature of these actions leads to contraction and growth of the network according to market conditions, enhancing its stability.
Liquidity is a key aspect of the BTA Protocol, with the vast majority of BTA liquidity being protocol-owned. In addition to market operations executed by the protocol vault, the protocol also formulates policies to balance the liquidity in the protocol vault with the amount of reserves deployed in the vault to maintain sufficient pricing depth.

Launchpool：The Launchpool is a platform that helps new projects launch and secure funding. Through this platform, innovative projects can receive the support they need, accelerating their development process. This not only contributes to the growth of the network but also provides users with opportunities to invest in emerging projects.

Lending Protocol：The Lending Protocol allows users to pledge BTA tokens to borrow BTC, offering a flexible financing option. This is an excellent solution for users who require short-term liquidity. It ensures the appreciation of BTA held while providing flexibility in capital allocation and improving the utilization of funds.