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τBitcoin

TBTC
TBTC Price
$319.45
-0.74%
Price range last 24 hours
$319.23
Low
$323.61
High
Tags
Rank #10000
Website
Explorers
Community
$0
0%
Market Cap
$4.137
24 Hour Trading Vol
$0
Circulating Supply
0 / 1.735
Total / Max Supply
τBitcoin to USD Price Chart

τBitcoin Price Today

Price TBTC to USD now is $319.45. Trading volume by 24-hours $4.137. τBitcoin, which_ranked #10000 price is down -0.74% in the past 24-hours. τBitcoin has circulating supply of $0 and have $0 capitalization.

Highest price for τBitcoin

The all-time high price of TBTC is $65.417, the record was set on the 0.

Lowest price for τBitcoin

TBTC all-time low price is $319.23, the record was set on 0.

How much has the price of τBitcoin changed lately?

7 days ago the price was $362 , this changed the TBTC price by 13.35443%

14 days ago the price was $334 , this changed the TBTC price by 4.55864%

30 days ago the price was $343 , this changed the TBTC price by -7.50673%

60 days ago the price was $416 , this changed the TBTC price by -30.31954%

1 days ago the price was $606 , this changed the TBTC price by -89.70739%

What is τBitcoin

τBitcoin brings Bitcoin to DeFi and its price will be 1:1 pegged to that of Bitcoin. The τ protocol utilizes hashrate tokens to synthesize the mining process. Hashrate tokens are cryptocurrencies collateralized by standardized and tokenized PoW hashrate. Staking hashrate tokens would entitle the staking holder to a share of the mining rewards earned by the underlying PoW hashrate. To synthesize a τAssets, the τ protocol requires the staking of hashrate tokens collateralized by the relevant PoW hashrate and the forgoing of PoW rewards in return for the synthetic versions. For example, synthesis of τBitcoin would require synthetic mining with hashrate tokens collateralized by standardized Bitcoin hashrate. The combination of staking with the relevant PoW hashrate and the surrendering of PoW rewards represent hashrate consumption, imparting inherent value into the resultant synthetics. The forgone mining rewards will be reserved for open market repurchases of τAssets, if necessary