$ADA’s price has been plummeting over the last three months straight. Cardano price fell almost 50% from its original $3 value on September 2nd 2021 to $1.59 as of the writing. It is also a time when many other coins such as Bitrise coin (a crypto-coin still in development) have recorded thousands of growth.

• Building DeFi protocol: first successes
• Bitrise’s platform offers tokenomics.
• The platform provides attractive returns to investors.

Bitrise, a Defi platform built on Binance Smart Chain is still relatively young at 4 months. However, it has made a significant impact and is attracting Cardano community members. Investors are now looking for promising cryptocurrency projects after the ADA price of plumbing Cardano. Bitrise is the most prominent project.

Cardano members find Bitrise Tokenomics, fast achievements in building the decentralised system, and staking reward attractive. Cardano members are noticing the achievements of the team, which has accomplished a lot within four months.

Bitrise currently has Bitrise Audits (Techrate Audi), and dAppWallet as part of its ecosystem. Recent announcements by the Bitrise team indicate that they will launch the exchange in Q1-2022, and that research into blockchain has begun. These developments attract many cryptocurrency investors and are not limited to the Cardano community.

It is actually the newly announced Staking process that has led to a substantial increase in Cardano member joining. Cardano members are attracted by the attractive rewards of staking.

Bitrise will share 80% of revenue from its ecosystem, which includes staked tokens. Bitrise Audits and Techrate Audi are coming soon. This will allow for huge revenue collection and sharing with other crypto investors like the Cardano joining Cardano.

Bitrise tokenomics attracts crypto investors including Cardano community members. One of the most unique and appealing tokenomics was created by this team. The token is hyper-deflationary, which means that there will be a decrease in token supply. The ever-increasing token scarcity keeps the coin’s demand high.

Bitrise has developed an automated buyback contract, which buys tokens directly from the liquidity pool. This automated buyback is funded by 5% tax on token transactions (which amounts to 12%).

Cardano members can also join to receive 4% tax collection, which is distributed to token holders who hold the tokens. Each 60 minute, token holders receive BNB as a reward. This static income is available to all crypto investors including Cardano members.

Bitrise token has been listed on major exchanges like LBank and MEXC Global. This is just a few of the many reasons the Cardano community joined the Bitrise token.

For the most up-to-date information, follow Bitrise coin on social media!

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