TechFlow reports that BakerySwap announced today the launch of Bitcat (BICA), the third phase project of BRC20, on January 2, 2024.
Bitcat is a new on-chain derivative protocol based on the BRC20 market and has received support from Binance Labs. Technically backed by Copycat Finance, Bitcat is built upon a non-custodial asset trading protocol on the Bitcoin chain, utilizing RGB schemes and BTC Rollup technology as a derivatives trading platform for BRC20 assets.
The total supply of BICA is 21 million tokens, with 80% to be fairly launched on BakerySwap, 15% allocated to the foundation, and 5% allocated to the team.
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