Bitcoin inscription track opens a new era. This is a win-win situation that integrates the micro-innovation of the Bitcoin ecosystem and the miner ecosystem and attracts new user traffic into the BTC ecosystem. It is very likely that it will last until June next year, creating a new bull market narrative.
Why did Bitcoin Inscription and BRC20 suddenly become popular?
There are several reasons:
- Bitcoin consensus is the largest consensus on cryptocurrency.
- The Ordinals protocol is a historically compatible protocol that minimizes modifications and maximizes the use of current and previous Bitcoin protocols. (This is extremely important)
- The implementation is very simple. (Compare complex protocols such as RGB)
- Achieve fair launch! (This is also extremely important in the field of cryptocurrency)
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Of course, the first place of origin: BRC20.
1. Investment leaders: Ordi, Sats. This is the surest way to enter the inscription track. Of course, you must control your position and entry timing.
2. Discover the next Ordi or hidden value coin.
Today, let’s take a look at some of them. This upstart on the BRC20 chain has an initial value of around 0.001 after going online, a highest point of 0.029, and a maximum of nearly 30 times. Although there has been a correction now, it is still extraordinary. Analyzing Dova Protocol
Dova connects BRC20 with the EVM ecosystem and introduces Defi applications into the BTC ecosystem. This will be a revolutionary and creative protocol.
Users mortgage BRC20 assets and extract liquidity value, whether for trading, Mint, or investing in other BRC20, ERC20 and other assets, it will open up a huge capital pool and capital flow channels, attracting more investors to enter.
At the same time, this will also greatly increase the application scenarios of BTC. As digital gold, BTC will not only hold value. In addition to wBTC’s on-chain interest-earning strategy, BTC will be used more for the development of its internal ecological assets and utilization. The high-value attributes of BTC incubate assets belonging to the BTC ecosystem and the Defi ecosystem. Dova is a pioneer in clearing the financial application obstacles for BTC asset liquidity, similar to Uniswap in the ETH ecosystem.
The total number of DOVE tokens is 2,100,000,000. It is the core protocol token of Dova. It adheres to the decentralized attributes of the BTC ecosystem. 10% of the tokens are used for IDO startup and 60% of the tokens will be produced by Mining, a user of the BTC ecosystem. To attract more BRC20 users and push the value of decentralization to the highest level.
Through the BRC-30S protocol, users can access Ethereum, Binance Smart Chain, Polygon, etc. to expand lending, games, NFT and other services. Price: $0.017 Market Cap: $11 million FDV: $4 million
DOVA Heyue address: 0x06a4385d11b64be7248db210eca0a04a558608a5
DOVA official website link: https://www.bitdova.com/
DOVA Chinese Telegram: https://t.me/DovaProtocolCN
DOVA English Telegram: https://t.me/DovaOfficialGroup
BTC-EVM Defi Protocol——Dova
The Dova protocol is the leading lending protocol on the Bitcoin chain, with the goal of strengthening the liquidity connection between the Bitcoin chain and the EVM chain. The protocol was created by senior cryptocurrency practitioners and is committed to promoting the construction of decentralized finance in the Bitcoin ecosystem.
The main features of the Dova protocol are:
Seamless cross-chain bridging between Bitcoin and EVM chain
Through strategic cooperation with Multibit, Dova uses the Multibit cross-chain bridge to achieve a seamless connection between the Bitcoin network and the EVM network. Users can easily and freely transfer BRC20 assets between the two public chains.
Dova Lending Agreement
Users can use the Dova protocol to lend cryptocurrencies by mortgaging BRC20 assets. The protocol provides algorithmic and transparent lending services.
Unique Dova mortgage model
Dova allows users to mortgage the protocol by providing liquidity, obtain dividends from platform tokens and part of the loan interest, and earn BRC-30s token rewards. This incentive mechanism can attract more users to provide liquidity and value to the ecosystem. .
I am the leader in staking the BRC30S protocol in the BRC20 ecosystem, and I am also the one with the largest transaction volume in the MUBI ecosystem. I also have a series of operations such as NFT. I am also a leader in the lending and borrowing sector for projects like this. I feel that this project will definitely be able to get 100 times the coins on the 1U pie chain in the bull market. I will hold my 1.5 million DOVA and keep this account for less than 10 million. When the bull market comes, I will take out 1 million and distribute it to those who hold DOVA together. family.
Dova official address: https://www.bitdova.com/
Dova Twitter: https://x.com/dova_protocol
Dova Telegram：https://t.me/DovaProtocol
Dova Chinese community: https://t.me/DovaProtocolCN
Dova global community: https://t.me/DovaOfficialGroup