Sattahip, Thailand, Aug. 16, 2021 (GLOBE NEWSWIRE) — BitShares presents dBTS, an ERC-20 token compatible on Ethereum platform, pegged 1-1 with the real BTS core token of BitShares.
Those of you familiar with the parable of the tortoise and the hare may already get the logo. ‘dBTS’ stands for ‘Decelerated BitShares, because as soon as $BTS tokens move from their native tech, it becomes much slower. Hence ‘decelerated’ and a turtle-like logo for ‘d’.
Authors of the project were Henry Woo (Ethereum developer), Milos (DL) Preocanin (BitShares architect), and it was deployed by Long Jie (BitShares JS Developer). Quote from the architect, Milos:
“Since people started going crazy about ‘wrapped’ BTC which has its own price, demonstrates nothing even close to what we consider PEG around BitShares, or the line of ‘synths’ by new tech startups… BitShares invented MPA’s…
