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The first on-chain USD1 integrated Mining protocol Bitequal on BNB has exceeded 6 million USD in transaction volume, with BTE rising over 26%.
On June 9, according to market data, the total trading volume of Bitequal, the first virtual Proof of Work mining protocol integrated with USD1 on the BNB Chain, reached 6 million USD. The token BTE is currently quoted at 11.2 USD, with a 6-hour rise of 26.29%. Over 18,000 users have joined the mining, with a total of more than 20,000 frameworks and drills deployed.
According to reports, Bitequal is the first USD1 class depin project, with no pre-mining and a fair launch. The total supply is 21 million coins, innovatively combining the halving mechanism and deflationary mechanism. Within 40 hours of launch, 370,000 BTE tokens have been destroyed.