Hi everyone, 
We’re excited to introduce SmartBTC to the BNB Chain Build N Build community.
SmartBTC ($SBTC) is a DeFi token on BNB Chain, fully backed by real Bitcoin (BTCB).
Every transaction contributes to automatically accumulating Bitcoin into a smart contract,
creating a constantly rising minimum value for all token holders.
We have created an animated video that explains the project in a very visual way: https://www.youtube.com/watch?v=QfSrPOyESy4
Here’s how it works, simply explained:
- Every buy and sell transaction charges a small fee.
- Most of that fee is used to purchase BTCB and store it permanently in the Smart Contract.
- Over time, this creates a verifiable reserve of Bitcoin backing the entire $SBTC supply.
- When you burn your $SBTC, you receive Bitcoin at the current minimum price.
- If the market price is higher than the minimum ➔ it’s more interesting to sell than to burn.
- If the market price falls below the minimum ➔ it’s more interesting to burn than to sell.
Key points:
- Built entirely on BNB Chain.
- Backed by BTCB to combine the strength of Bitcoin with BNB Chain’s speed and low fees.
- Token holders can also stake their $SBTC to earn passive rewards.
- Investors can lend and receive Bitcoin from the reserve by staking their SmartBTC tokens as collateral.
We are still early in our journey and continue to build steadily.
Our focus is on organic growth, education, and strengthening our Bitcoin-backed reserve over time.
We believe in Bitcoin’s future as the ultimate store of value and we’re working to reflect that into DeFi, on BNB Chain.
If you are interested, we would love for you to check out our project or join our community.
Feedback, ideas, or connections are very welcome we are here to learn and grow. 
GitBook (full documentation): Welcome to SmartBTC | SmartBTC
Thank you for reading, and happy building!