Bitbot Protocol (BBP) is an Ethereum-based protocol that aims to democratize trading bots. Unlike other bots that have caused frustrations by front-running and stealing liquidity, Bitbot Protocol believes that bots can be allies and useful tools in the trading world. The protocol has integrated with providers to ensure that third-party bots perform with transparency and adhere to high standards. It also offers proprietary models for those looking for more adventurous trading experiences. The Bitbot Protocol has been audited and insured by Certik.io, providing users with peace of mind and trust in the platform.
Bitbot Protocol launched with several bots, such as Gainzy Bot Eth, which trades Ethereum on four-hour charts, and Uniswap Order Bot, which trades various tokens on Uniswap to capture profits. The protocol also introduced high-risk bots like Uniswap Snipe Listing Bot, designed to buy listing of new tokens and sell them at higher prices, as well as Liquidity Draining Front Run Bot, aimed at draining liquidity from smart contracts while generating Ethereum. Bitbot Protocol has plans to release V2 bots optimized over their V1 counterparts, offering even more trading opportunities.
Users can participate in the Bitbot Protocol by purchasing BBP tokens and staking them permanently using one of the liquidity pairs. Once staked, the tokens cannot be removed, and users receive rewards based on the performance of their chosen bot. The protocol shares 50% of all profit generated pro rata with the staked tokens. With a maximum supply of 10,000 BBP tokens, users have limited opportunities to participate. Bitbot Protocol is planning a token sale, and interested individuals are encouraged to stay tuned for further details.