Bitcoin Zed
Docs & Light Whitepaper
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Bitcoin Zed · Docs & Light Whitepaper

This document is a human-readable, non-legal overview of the Bitcoin Zed (BTCz) ecosystem: vision, architecture, token design and key risks. It is not investment advice and may evolve over time with the community.

Network BNB Smart Chain (BEP-20)
Ticker BTCz (base) · zBTC (bridged)
Total Supply 21,000,000 BTCz · 21,000,000 zBTC

1. Overview

Bitcoin Zed (BTCz) is a Bitcoin-inspired, fixed-supply asset deployed on BNB Smart Chain (BEP-20). The project aims to combine Bitcoin-style scarcity with low-fee, fast DeFi infrastructure, while keeping contract logic simple and auditable.

At a high level, Bitcoin Zed introduces a dual-token structure: BTCz as the base asset and zBTC as a bridged, utility-oriented token. zBTC is designed to mirror BTCz value via on-chain liquidity rather than off-chain promises.

Design principle: no rebasing, no reflections, no hidden minting. The core focus is clarity, education and transparent DeFi experiments.

2. Architecture

2.1. Network & standards

Bitcoin Zed is deployed on the BNB Smart Chain and follows the BEP-20 standard (ERC-20 compatible). This allows easy integration with most existing wallets, DEXes and tooling.

  • Chain: BNB Smart Chain (BSC)
  • Standards: BEP-20 / ERC-20 compatible
  • Wallets: MetaMask, Trust Wallet and others supporting BSC

2.2. Dual-token model

The ecosystem separates the base store-of-value style asset from the flexible DeFi token:

  • BTCz: main asset, fixed supply, designed to be conservative and simple.
  • zBTC: bridged / utility layer, intended for experiments such as vaults, bridges, staking or other on-chain strategies.

Both tokens share the same maximum supply (21 million) and 8 decimals, but their intended risk profiles may differ: BTCz is kept simpler and zBTC is the preferred layer for integration experiments.

3. Tokenomics

3.1. Supply

BTCz follows a Bitcoin-like fixed cap model with no inflation once deployed. zBTC mirrors this cap for symmetry and easier reasoning about the total supply footprint.

  • Total supply BTCz: 21,000,000
  • Total supply zBTC: 21,000,000
  • Decimals: 8 for both tokens
  • Minting: no additional mint after deployment (as per contract logic)

3.2. Fees & taxes

To keep behavior predictable and friendly for educational and DeFi use cases, Bitcoin Zed implements a 0% tax model:

  • No buy tax
  • No sell tax
  • No transfer tax

This means all transaction costs are purely network gas fees and DEX swap fees, without additional token-specific cuts.

4. Mechanics & Liquidity

4.1. Core liquidity pools

Bitcoin Zed’s pricing is anchored through on-chain liquidity pools on decentralized exchanges such as PancakeSwap:

  • BTCz / BTCB pool: base route into BTC-pegged liquidity on BSC.
  • BTCz / zBTC pool: internal peg between BTCz and zBTC.

These pools are standard constant-product AMMs (x·y = k), where price emerges from the ratio of the two token reserves.

4.2. zBTC pegging logic (conceptual)

The intended behavior is that zBTC remains close to 1:1 with BTCz via the BTCz/zBTC pool. As liquidity deepens and arbitrage becomes possible, traders can align the price whenever small deviations appear.

For example, if 1 zBTC trades below 1 BTCz, arbitrageurs can buy zBTC cheaply and swap it back to BTCz until the pool rebalances.

4.3. External integrations

The project is designed so that integrations such as:

  • staking vaults,
  • bridges to other chains,
  • lending or borrowing protocols

can primarily interface with zBTC, reducing the need to modify or wrap the BTCz base token directly.

5. Governance & Roadmap

5.1. Governance

Bitcoin Zed does not initially launch with on-chain governance or a separate governance token. Early decisions are made off-chain by the core contributors and community feedback.

Over time, if sufficient adoption is reached, the project may explore:

  • Snapshot-style signaling for major changes,
  • basic on-chain voting for treasury or parameter updates,
  • multi-sig controlled upgrades to non-core components (e.g., bridges or vaults).

5.2. High-level roadmap

A simplified roadmap includes:

  • Launch & liquidity seeding for BTCz and zBTC.
  • Documentation, tutorials and educational content.
  • Listings on data aggregators and tracking platforms.
  • zBTC-focused DeFi experiments (vaults, bridges, staking).
  • Community-driven proposals for further integrations.

6. Risk Factors

Holding or interacting with BTCz or zBTC involves significant risk. This project is experimental and highly sensitive to smart contract risk, market risk and liquidity conditions.

6.1. Smart contract risk

Even simple contracts can contain bugs or behave unexpectedly in edge cases. Users should review the code and any audits, and never allocate more than they can afford to lose.

6.2. Market & liquidity risk

Liquidity pools can be shallow, especially in early phases. Price impact, slippage and volatility can be extreme. The value of BTCz and zBTC can go to zero.

6.3. Bridge & integration risk

Any future bridges, vaults or integrations introduce additional risk layers. Exploits or misconfigurations in those external systems can affect zBTC and, indirectly, the broader ecosystem.

Nothing in this document guarantees any price, peg or future listing. There is no promise of profit, yield or returns of any kind.

7. Disclaimer

This document is provided for informational and educational purposes only. It does not constitute investment, legal or tax advice. Bitcoin Zed is an experimental cryptoasset and may fail completely.

By interacting with BTCz or zBTC, users accept that they are solely responsible for their own decisions and should perform independent research before taking any action.