We have introduced a new mining concept called Proof Of Liquidity (POL) for the creation of Bits with the same economy as Bitcoin but native to Polygon...
You no longer have to spend on expensive equipment that enriches other companies, you can use that same money to buy bits and generate more bits without spending energy
The maximum supply is 10 million coins and the first year 100k Bits will be distributed with a halving every year until all the coins are in circulation
Bits Finance Foundation (BFF) is in charge of the health of the entire ecosystem, BFF has between 5x and 10x collateral of the total supply of Bits Dollar & Bits Matic
For example: BFF has $1000 of collateral generating between 15% and 20% per year which would be generating profits between $150 and $200 per year and the total supply of Bits Dollar is 100 with its farming distributing 50 Bits Dollar per year, with this we are talking about a very high and sustainable real yield for the entire Bitsfinance ecosystem
Total supply: 10M
Available supply 10M