What is Proxy

Article Summary, Automatically Generated By AI

Summary

  • BTC PROXY: a protocol for decentralized tokenization of Bitcoin onto Ethereum, Polygon, and BNB Networks.
  • Permissionless Bitcoin bridge to DeFi products.
  • Utilizes 2 tokens: PRXY (utility token) and BTCPX (Bitcoin wrapper).

About Proxy: Empowering Secure and Efficient Transactions

BTC PROXY is a pioneering protocol that facilitates the decentralized tokenization of Bitcoin on Ethereum, Polygon, and BNB Networks. It operates as a permissionless Bitcoin bridge, seamlessly connecting users to a diverse range of DeFi products, powered by two distinct tokens: PRXY, a utility token, and BTCPX, a Bitcoin wrapper.

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