Token Launch and Initial Trading
The $BOS token, the native utility token for BitcoinOS (BOS), has officially launched with a fully diluted valuation of $200 million. Trading is now live on multiple platforms including Binance Alpha, Kucoin, Gate, Kraken US, Bitget, MEXC, and the PancakeSwap DEX. The token is available as an ERC-20 on EVM chains and as a CNT on Cardano.
Role and Function of the $BOS Token
The $BOS token is designed to be the incentive layer for the BOS network, ensuring its security, performance, and decentralization. While computation and verification occur directly on the Bitcoin blockchain, a specialized node network is responsible for several critical functions:
- •Generating Zero-Knowledge (ZK) proofs from computational tasks.
- •Monitoring the system for any fraudulent activities.
- •Submitting challenge transactions to the Bitcoin network when fraud is detected.
- •Providing verification services for users who may not have technical expertise.
Value Accrual and Economic Model
BOS is implementing a buy-and-burn mechanism to maximize value accrual for token holders. As the BOS network expands and integrates with more chains, the demand for computation will increase, leading to higher transaction volumes and, consequently, more $BOS token payments.
This model establishes a Bitcoin-native economy where $BOS token holders can earn BTC-denominated returns as the network grows. Increased activity on BOS directly translates into more BTC being used to buy and burn $BOS tokens, creating deflationary pressure and rewarding network participants.
Key Technological Innovations and Ecosystem Integrations
Since its inception, BOS has announced integrations with prominent projects across various ecosystems, including Cardano, Litecoin, Arbitrum, Mode Network, RISC Zero, Merlin Chain, and Nubit. The platform has also showcased significant technological advancements aimed at unlocking an estimated $2.2 trillion worth of Bitcoin liquidity across different ecosystems and institutions.
Notable innovations include:
- •An industry-first bridgeless cross-chain asset transfer.
- •The launch of Charms, the first protocol for programmable tokens on Bitcoin.
- •The introduction of Grail Pro, an institutional-grade protocol enabling institutions to generate BTC yield while maintaining self-custody.
$BOS Tokenomics and Distribution
The $BOS Tokenomics features a total supply of 21 billion tokens, a deliberate choice reflecting Bitcoin's finite supply. The distribution of these tokens is structured as follows:
Successful pre-sale and airdrop campaigns were conducted earlier in the year, accounting for 3% of the total token allocation.
Participants in the pre-sale will be able to claim their tokens once trading commences. Following this, other early supporter communities, including those from the Cardano and EVM ecosystems, will also have their tokens made available.
About BitcoinOS
BitcoinOS (BOS) is pioneering a new era of programmability on the Bitcoin network without requiring modifications to its base protocol. Leveraging zero-knowledge proof technology, BOS enables the development of smart contracts, decentralized finance (DeFi) applications, and cross-chain interoperability, all while benefiting from Bitcoin's robust and unparalleled network security.