Features of rexBTC

rexBTC will launch with the following features:

  • 100% Transparency: Reserves of BTC are transparent. All rexBTC tokens have complete backups.

  • Self-Custody: BTC is wrapped in a Rex Box protected by a decentralized network, minimizing online attacks, eliminating single points of failure, and providing basic Bitcoin security.

  • Security: Depositors lock Bitcoin in the system, ensuring that all DLC payment addresses only directly transfer funds to depositors' wallets, making theft or loss of Bitcoin impractical.

  • Multi-Chain: Rex BTC is a cross-chain universal token, seamlessly convertible across multiple chains.

  • Integration: rexBTC aims to seamlessly integrate with existing DeFi protocols, providing institutions with a smooth transition into decentralized finance.

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