An innovative Rune collection tokenizing BTC transaction feerate.
BTC•FEERATE•RUNES is the first Rune to have its value tied directly to BTC feerate. The network gets congested, its value rises in tandem to the feerate spikes. The onchain activities taper, its value falls proportionately.
Bitcoin transaction fees can be highly volatile, fluctuating from 1 Sat/vB to several hundred Sat/vB within hours.
With BTC•FEERATE•RUNES, you are able to take advantage of onchain events such as Babylon Cap-1 launch, Magic Eden airdrop, and popular Rune mints.
Each unit of BTC•FEERATE•RUNES is backed by 1vB of LONG position on Alkimiya pools, which tracks the average BTC network feerate in real-time.
You can freely buy or sell BTC•FEERATE•RUNES like any regular Runes. If the secondary market prices diverge significantly from the tracked feerate, an arbitrage opportunity is created.
If you wish to exchange your BTC•FEERATE•RUNES for BTC, you can do so in two simple steps.
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Once done, submit your claim request by sharing the transaction hash of the transfer of your BTC•FEERATE•RUNES:
Note: DO NOT send your Runes from a custodial platform. You will not be able to receive your BTC claim. If you have encountered an issue, please open a ticket via our Discord.
At the end of the pool, you will receive a payoff of the final BTC amount based on your BTC•FEERATE•RUNES value.