How it Works

Welcome to BlockCity – Program your assets to work smarter across chains. Turn any asset into a Bitcoin-aligned, yield-generating machine—no wrapping, bridging or giving up custody 🗝️

Here’s a comprehensive list of user activities:

Recharge

  • With a single click, set or enhance the peg value of your NFTs, ensuring their growth aligns with Bitcoin's performance.

  • Boosts both your yield and the creator's passive income, fostering a collaborative ecosystem.

Time Lock

  • Time-lock the peg value in BTC to earn yields while retaining custody of your NFT.

  • Once the time-lock expires you can withdraw BTC or extend for another cycle.

  • Earn passive income while retaining full ownership and exposure to your digital assets.

Increasing the pegged BTC permanently boosts future yields and enhances your borrowing power.

Compound

  • Reinvest your Bitcoin yields back into your peg value, maximizing long-term returns through tax-efficient strategies.

  • Simplifies the process of growing your wealth over time.

Swap

  • Trade your NFTs underlying peg value for BTC or stablecoins to lock in profits or hedge during market downturns.

  • Stabilizes floor prices and allows you to capitalize on Bitcoin price movements without selling the NFT.

Buy

  • Purchase NFTs to establish an on-chain peg value (BTC) that determines the asset’s floor price.

  • Automatically begins generating Bitcoin yields, providing instant income potential.

Sell

  • List and sell your NFTs, transferring ownership of the pegged reserves and future yields to the buyer.

  • Ensures liquidity and a seamless transition of NFTs in the marketplace.

Auctions

  • Bid on exclusive NFTs with established peg values, fostering competitive pricing.

  • Access unique, high-value assets with Bitcoin-aligned performance.

Track Portfolio

  • Monitor the performance of your NFTs, yields, and peg values in real-time through a user-friendly dashboard.

  • Stay informed and manage your investments with ease.

Creator-Specific Features

  • Mint NFTs: Launch new collections with integrated peg value and yield-generating features.

  • Set Dynamic Peg Values: Adjust initial peg allocation based on market demand or future project plans.

  • Earn Residual Yields: Receive continuous rewards from secondary sales and collectors recharge actions.


TLDR

BlockCity takes decentralized finance (DeFi) on the Bitcoin network to the next level. Users can unlock the full potential of their tokenized digital assets without compromising on decentralization or transparency.

BlockCity allows anyone to earn, borrow, and trade seamlessly, staying true to Bitcoin’s core values of security and openness. As we expand to support more digital assets across chains, BlockCity will continue to shape the future of BitcoinFi, empowering users with new ways to grow their wealth while keeping complete control of their tokenized assets.

Last updated