bDAI (BDAI)

bDAI, with ticker BDAI, is a cryptocurrency built on the BTU Protocol. It aims to provide a frictionless cashback experience in the Web3 ecosystem. Developers can leverage BTU Protocol’s technology to power their applications and offer cashback rewards to users. The value of bDAI lies in its ability to be exchanged for fiat currencies like the US Dollar or Euros and other cryptocurrencies such as Ether and Bitcoin. It is legally compliant and issued by 808 Labs SAS, a legally incorporated entity based in Paris, France. With global availability, bDAI transcends borders and can be accessed from anywhere.

bDAI is a scarce asset, with only 100 million bDAI created and no possibility for new issuance. It inherits the advantages of cryptocurrencies, such as being unseizable and allowing users full control over their assets. Users can freely transfer bDAI to other individuals or pay for services at BTU processor-equipped merchants. Unlike typical rewards or loyalty points, bDAI never expires, and ownership is recorded on the blockchain. Its availability is constant, with no downtime or maintenance, ensuring users can access their bDAI anytime.

bDAI is built on the Ethereum software and operates on the Polygon network. It offers privacy as it is linked to users’ public addresses, ensuring their identity remains known only to themselves. Each bDAI token is unique and stored on the blockchain, making it unforgeable. As an ERC-20-compliant token, bDAI can be securely stored on Ledger devices or with insured suppliers. It is interoperable, working with other financial tools to enable innovative Web3 applications. The Polygon network ensures the security, scalability, and energy efficiency of bDAI transactions.