Introducing BTC on Polygon

Donnie Kim
BTC Proxy
Published in
3 min readApr 6, 2022
#BTConPolygon AMA

AMA Event on April 12 at 1pm ET/9pm GST

Join us on April 12 at 1pm ET/9pm GST for a live AMA with Sandeep Nailwal Co-Founder of Polygon and Donn Kim Founder of BTC Proxy to kick off #BTConPolygon on the BTC Proxy Discord Channel

10,000 Limited edition NFTs will be available for attendees of the AMA Launch and the Campaign — check the Discord Channel #BTConPolygon for more details https://discord.gg/JVHUbREbBU

Finally DeFi Yields for Bitcoin

The #BTConPolygon marks a collaborative awareness campaign from Polygon and BTC Proxy with the objective of educating Bitcoin hodlers about the benefits of DeFi with opportunities to earn rewards upwards of 115% APY.

Following in the spirit of Polygon’s 2021 campaign #DeFiforAll which introduced DeFi, lending and borrowing through larger protocols residing on the Polygon network, #BTConPolygon marks the next evolutionary step of introducing DeFi opportunities that have never previously existed for Bitcoin.

This campaign, also involves a strategic partnership between BTC Proxy and Blockchain.com to lead the foray of Bitcoin holders by minting BTCpx on Polygon by depositing BTC into a qualified custodian and to immediately start earning up to 115% APY in PRXY and MATIC rewards.

Featuring a transparent and permissionless interface and a suite of insured custodial solutions, BTC Proxy believes it has solved a real pain point for Bitcoin by creating a mechanism of interoperability that unlocks its stored value by providing a means through which long-term holders can sustainably earn DeFi rewards without sacrificing security in return.

#BTConPolygon Campaign

How to Earn 115% APY Rewards and Claim your NFT:

  1. Deposit BTC into custody to mint BTCpx (Polygon) https://btcpx.btcproxy.io
  2. Deposit BTCpx into the iBTCpx program to earn PRXY tokens https://app.btcproxy.io/#/programs
  3. Claim and Stake PRXY rewards into the compounding staking program to earn 115% APY
    https://app.btcproxy.io/#/stake
  4. Head over to the Discord Channel #BTConPolygon to claim your NFT
    https://discord.gg/JVHUbREbBU

View the Full Presentation of the Bitcoin Yield Strategy https://bit.ly/BTConPolygon

About BTC Proxy

Launched on July 30, 2021, BTC Proxy provides a more scalable layer-2 protocol to decentralize the tokenization of Bitcoin using a permissionless interface. At its core BTCpx is a Bitcoin bridge leveraging insured multisig third-party custodians to facilitate the participation of Bitcoin (BTC) in DeFi. With BTC Proxy, individuals and institutions can safely earn sustainable yields and rewards thereby outperforming most –if not all– products available for the Bitcoin Marketplace. Visit BTCproxy.io for more info, follow us on Twitter @BTC_proxy, and make sure to join our discord https://discord.gg/JVHUbREbBU for additional campaign info and how to claim your NFT Rewards.

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