Key Features

• Built on Multi-Sig API: CoBTC leverages native multi-signature technology for enhanced security.
• ERC-20 Standard: Enables cross-chain compatibility and integration with decentralized finance (DeFi) ecosystems.
• Off-Chain Contract Mechanism: Off-chain contracts ensure flexibility and transparency.
• Slash Implementation: 0.1% of staked Bitcoin is slashed into a treasury under certain conditions.
• Smart Contract Permissions:
  • Pause contract
  • Freeze specific accounts
  • Mint and burn CoBTC tokens
• Leveraged Yields: Earn yields on self-controlled Bitcoin holdings.