π What is Bitcoin Genie?
A DeFi Protocol for Sustainable Bitcoin and Ethereum Rewards
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A DeFi Protocol for Sustainable Bitcoin and Ethereum Rewards
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Bitcoin Genie's primary purpose is to provide Bitcoin, Ethereum, and TitanX rewards, issued at the next Bitcoin halving. These rewards are held in Bitcoin (WBTC) and TITANX/ETH liquidity pool, which not only stores value but also generates fees to grow and sustain the protocol over time.
Bitcoin Genie combines sustainable DeFi with a fun, gamified experience, offering both strategy and rewards. The protocol generates value through real yield and LP fees, which support its growth over time. 60% (70% after day 10), of the protocolβs incoming value is held in ETH, Bitcoin, and TitanX, effectively backing the $GENIE token. The gamified aspect challenges users to stay in the Genie Reward pool, despite the contract offering $GENIE tokens as an incentive to leave. Users are encouraged to focus on the long-term reward of Bitcoin payouts at the 2028 halving.
The fewer participants who remain on the Magic Carpet Ride can access the Genie Reward Pool, the more Bitcoin rewards are allocated to those who stay until the next Bitcoin halving. Itβs essentially a βlast man standingβ concept, where each dropout increases the rewards for those who remain.
It's a win-win scenario, and a test of choice, patience, and perseverance, where staying committed leads to greater rewards.
ETH Input: ETH powers all rewards, distribution, and buy-and-burn mechanisms.
Bitcoin & Ethereum & TitanX Rewards: Earn Bitcoin, Ethereum and TitanX at the 2028 Bitcoin halving.
Genie Reward Pool Value: 60% of the protocolβs value is allocated to the Genie Reward Pool for those who remain until the halving. (70% after day 10)
Real Yield: LP fees from the Genie Reward Pool fuel a self-sustaining buy-and-burn mechanism, amplifying value.
Quick Mining: A fast 10-day mining phase ensures fair distribution and a capped supply.
BurnLock Mechanic: Burn $GENIE tokens to earn Magic Points to unlock Bitcoin, Ethereum, and TitanX rewards.
Last Man Standing: Rewards grow as participants exit, benefiting those who stay until the next Bitcoin halving.
Ecosystem Integration: Synergy with TitanX and Volt enhance growth and rewards.
Buy-and-Burn: Routes through TitanX, driving consistent buy pressure for TitanX.
TITANX/ETH LP: 30% value through perpetual auctions forever is added to this LP.
LP Fees: 20% of TitanX/ETH Reward Pool LP fees buy and stake TitanX
Locked Supply: TitanX in the GENIE/TitanX pool is permanently locked till the Bitcoin Halving.
ETH Conversion: ETH is converted to TitanX, boosting the TitanX/ETH liquidity pool.
Main Pair: Genie's sole liquidity pair is GENIE/TitanX.
Mine $GENIE Tokens During the first 10 days, mine $GENIE tokens by joining the protocol.
Access the Reward Pool ("Magic Carpet Ride")
Burn your GENIE tokens to enter the reward pool, which holds 60% of the protocol's value in Bitcoin, Ethereum, and TitanX rewards.
Choose to burn GENIE either: (a) directly when claiming, or (b) anytime but must pay a 10% premium.
Earn Magic Points
Burning GENIE grants magic points, which determine your share of the reward pool.
Each day, magic point holders receive additional GENIE tokens, growing rewards over time.
Decide: Claim or Wait
Claim GENIE tokens: Exit the reward pool and burn your magic points, forfeiting future rewards.
Wait for the Bitcoin Halving: Hold magic points and claim your share of Bitcoin, Ethereum, and TitanX rewards at the halving.
The goal is simple: secure a position in the reward pool and resist the temptation to claim early, maximizing your long-term rewards.
Triple Rewards Earn Bitcoin, Ethereum, and TitanX.
Genie Reward Pool Generates ongoing fees and rewards participants at the 2028 Bitcoin Halving.
BurnLock Mechanic Burn $GENIE to gain Magic Points, securing daily rewards and Bitcoin access.
Last Man Standing Mechanic Rewards participants who resist buyout temptations for maximum long-term rewards.
Mining Phase Tokens are mined in a limited 10-day window with bonus for delayed gratification
Strategic Gameplay Balance claiming GENIE rewards with holding Magic Points for bigger gains.
Capped Supply & Deflationary Design $GENIE tokens are scarce, with a buy-and-burn mechanism enhancing value.
Continuous Value Generation Liquidity fees fund buy pressure, burns, and sustained reward pool growth.
Decentralized & Transparent Operates with fairness, trust, and full decentralization for sustainability.
Gamified Utility Engaging strategies redefine DeFi with a new category of utility GameFi.
End Date The game ends at the 2028 Bitcoin Halving, when all rewards and Genie tokens are distributed to participants. Will you stay until the end?
Daily Drip Genie tokens are given daily to all magic points holders to ty to tempt them to burning their magic points for Genie tokens. ()