exSat Staking BTC Price (esbtc/CAD)
exSat Staking BTC
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
exSat Staking BTC market data
Trading Volume
24h
Circulating Supply
0%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
3,694.3108
BID
N/A
ASK
N/A
What Is exSat Staking BTC (ESBTC)?
exSat Staking BTC is an EVM-based Wrapped BTC token that maps to the underlying BTC staked in the exSat Staking contract. Key features include:
1:1 Asset Backing Each exSat Staking BTC is fully collateralized by 1 BTC locked in the exSat Staking contract, ensuring a perfect peg to Bitcoin.
Secure Cross-Chain Redemption When you redeem and burn exSat Staking BTC, the protocol triggers a cross-chain (or off-chain) release of the equivalent BTC, guaranteeing fund security and full auditability.
EVM Cross-Chain Bridge Through a burn-and-mint mechanism, exSat Staking BTC can be transferred across multiple EVM-compatible chains, enabling seamless inter-chain interoperability and asset mobility.
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