PTB
Portal to Bitcoin
$0.0₃5269
0.21%
Portal to Bitcoin
PTB
$0.0₃5269
0.21%
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About Portal to Bitcoin
Portal to Bitcoin (PTB) is the native token of a cross-chain protocol that enables atomic swaps between Bitcoin and other blockchain assets. PTB is used for fees, staking rewards, governance, and protocol alignment, with a deflationary buyback and burn mechanism.
Portal to Bitcoin is a cross-chain protocol designed to enable trust-minimized, non-custodial swaps between native Bitcoin and assets on other blockchains. Instead of using wrapped tokens or third-party custodians, the protocol employs atomic swap technology and a system called BitScaler to facilitate secure, direct settlement. Portal to Bitcoin aims to extend Bitcoin’s role in decentralized finance (DeFi) by making it interoperable with other digital ecosystems.
The PTB token is the native utility asset of the Portal to Bitcoin ecosystem. Its primary functions include:
Transaction fees: Paying network and protocol fees.
Staking and incentives: Validators, liquidity providers, and lite nodes earn PTB through participation.
Deflationary mechanism: A portion of protocol revenue is used to buy back and burn PTB, reducing supply over time.
Governance and alignment: PTB aligns incentives between protocol stakeholders and supports ecosystem growth.
