Polygon-based smart contract Bearcoin is ???? ??????? ????????launching on July 15. The intelligent contract offers a feasible and competent solution to crypto volatility.
It’s tied to the price of bitcoin, allowing it to stay stable even when bitcoin is going through a deflationary cycle.
Bearcoin offers a perfect buffer against crypto volatility
Bearcoin is an Ethereum-compatible immutable smart contract based on the Polygon blockchain with significantly lower transaction fees than Ethereum. The contract uses the Chainlinks BTC/USD price feed to determine whether to inflate or deflate.
The freshly minted Bearcoins, which carry an inflation rate of up to 5% with each transaction, is sent to a randomly selected address in the inflation pool.