MultiBit
The mission of MultiBit Bridge is to serve the Bitcoin ecosystem, enable value interoperability with other networks through cross-chain methods, expand the possibilities for users to operate economic behaviors, and enable them to easily transfer BRC20 tokens to other networks.
CA:
0x38e382f74dfb84608f3c1f10187f6bef5951de93
In the current fragmented blockchain landscape, where numerous blockchains exist with distinct characteristics, MultiBit Bridge emerges as a groundbreaking solution. It stands as the first to facilitate cross-bridge operations for BRC20 tokens, aiming to break down the interoperability barriers that exist between the Bitcoin ecosystem tokens and those of the Ethereum ecosystem.
Why MultiBit
MultiBit Total Volume
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Security
MultiBit prioritizes security, implementing robust measures to protect user accounts and funds. It employs a process of regularly consolidating funds from distributed addresses into highly secure multisig cold wallets, enhancing isolation and protection of assets. Additionally, an approval-based withdrawal process is in place, adding an extra layer of security and accountability. Users of MultiBit can be assured that their assets are managed with a high level of security and care.
Transparency
MultiBit commits to maintaining the utmost transparency in every transaction. Not only are all transactions verifiable on the blockchain, but MultiBit also takes extra steps to ensure the security of locked funds, which represent users' original assets. To enhance transparency and trust, MultiBit plans to publicly disclose the cross-chain numbers for each asset and the addresses of their corresponding hot and cold wallets. This approach aims to provide users with clear visibility and reassurance regarding the safety and integrity of their assets.
How it all works
MultiBit simplifies the process of transferring BRC20 tokens from Bitcoin to the EVM networks. Users transfer their BRC20 tokens to their dedicated BRC20 address, and after confirmation, the tokens become available for minting on EVM networks. With MultiBit, users can effortlessly bridge and mint tokens between bitcoin and EVM networks for seamless cross-chain transfer.
$MUBI
Powers MultiBit’s entire decentralized application ecosystem.
CA:
0x38e382f74dfb84608f3c1f10187f6bef5951de93
Ecosystem
Earn (Stake)
MultiBit offers a staking function for its $MUBI token, allowing users to earn other tokens within the BRC ecosystem. This feature is designed to not only draw attention to various BRC ecosystem projects but also to support the value stability of the $MUBI ecosystem. By engaging users in staking activities, MultiBit aims to foster both participation and sustainability within its network.
AMM
MultiBit's Ordinals Automated Market Maker (OAMM) is a decentralized exchange protocol designed specifically for trading BRC20 tokens. It leverages the principles of automated market making to provide liquidity, enable seamless token swaps, and facilitate efficient price discovery for BRC20 tokens.
Coming soon
Farming
MultiBit offers additional BRC20 tokens mining, an exciting opportunity for the BRC community to earn additional tokens by providing liquidity or staking preferred tokens in selected pools. The farming process allows participants to contribute to the liquidity of the BRC ecosystem while being rewarded for their contribution.
NFT Bridge
MultiBit's NFT cross-chain bridge is a dual-sided mechanism, designed to enhance liquidity when bridging from BTC to EVM chains and to add unique value to NFTs when moving from EVM to BTC. The bridge ensures a one-to-one correspondence while adapting to the distinct characteristics of NFTs on different chains. MultiBit's NFT Bridge balances maintaining the inherent properties of NFTs and leveraging the benefits of cross-chain functionality.
MultiBit
Functions
Developers