Do you know that BTCProxy rewards stakers with compounding interest that increases your PRXY holdings in every algorithm?

Rigmoney
Coinmonks
4 min readMar 30, 2022

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Do you know that BTCProxy rewards stakers with compounding interest that increases your PRXY holdings every algorithm? Yes this is absolutely correct!
I will carefully explain and give you guideline on how it work, how to earn while you staking including how purchase the PRXY token, the features and why you need to get associated with the platform as a crypto-lover or enthusiast.

What is BTCProxy
BTCProxy is a cryptocurrency upgraded platform built and designed for multi-institutional purposes to give stability into decentralized tokenization adventure for BTC on Ethereum mainnet or Polygon chains by utilizing the Proxy Relay on their ecosystem. Furthermore, it allows bitcoin adopters and owners to stake Bitcoin into their platform and convert into Ethereum or Polygon chains without price change or the aid of any third parties either having fear for lose or theft, this could be possible through the BTCProxy ecosystem. WOW 💋

How it work
Further expanding the arrangement and operations it improving on the design with the wrapped token protocols, BTC Proxy make used of the side-chain to “RELY” the validation of Bitcoin transactions to the Ethereum smart contract. The Prxy Rely on its side-chain and its significant because it enable additional openness and straightforwardness and can validate any deposit into BTC address after transactions. for clear explanation click here, The configurations confirmed any BTC algorithm and transactions into the polygon mainnet in very single cost productivity and therefore relays the transaction on Polygon network or Ethereum smart contract to mint or rewarded with BTCprxy native currencies. The Prxy Relay could spend about 30 mins to deliver a transaction but could be BTC/Matic/ETH confirmations are displayed in real time for full transparency and real-time benefits. No third parties needed for confirmation.

How To Earn While You Staking
The BTCProxy reward Holders for staking their BTC/Matic/ETH in their ecosystem. these are some of the feature that includes while holding and staking;
Reward Rates APY
Stake BTC Insured: 115%
Stake PRXY Compounding: 2000%
PRXY Treasury Bond 15 day: 7%
BTCpx Treasury Bond 15 day: 8.25%
1. Proxy rewards stakers with compounding interest that increases your PRXY holdings every algorithm.
2. By providing a liquidity with a discounted price of PRXY. You earn yield, and the revenue grows the treasury ect.
3. Liquidity control: Purchasing liquidity allows the protocol to pair it with BTCpx and allocate resources as required.
4. Governance: Voting from other various communities including Core Developers, Partners, Token Holders, and DAO Members. Visit here for additional information

How to purchase BTCProxy token
As the team may say, they set out to achieve is a CEX listing. The CEX listing will help to increase their volume and liquidity as well as attract further interest. The listing anticipated in the latter half of September would help buffer any near-term price fluctuations. For more questioning on how to buy from the team click here

Furthermore, I would specifically need you to visit the website for additional information and any updates, including how to stay connected with the team members for funding and partnering or further developments.

Website | Whitepaper | Discord | Telegram | Twitter | $PRXY $MATIC #BTC

Platform Username: Rigmoney
This project is a sponsored article written for a bounty reward.

Written by
Hopeson Harrison

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Rigmoney
Coinmonks

Community manager, cryptocurrency trader and bounty hunter