TOKEN ID: 9174960608884472993
Total Tokens: 21,000,000
Established: 951953 (Nov 23, 2021)
SWBHD ACCOUNT – S-UZDG-739R-NCSA-BHDSW
BHD ACCOUNT – 3G8AvzjojsXJ7Dka1F8itQneGM6jZRTYcV
Many people are wanting a way to convert their BitcoinHD to Signa to help with their on-chain endeavors. Others are wanting to buy BHD with their signa to add more pledges for their dual mining. But there is exactly 0 exchanges that let you do this easily
Introducing the Signa Wrapped BHD Token. These tokens are pegged at 1 SWBHD = 1 BHD, making it the perfect vehicle for the trade. All circulating SWBHD Tokens (That is, those not held by the SWBHD Account) will be 100% backed by BHD. There is no fees for wrapping or unwrapping, but we reserve the right to pledge the BHD to get a residual income to help pay for tx fees and other expenses.
At the moment, wrapping and unwrapping of the BHD is a manual process, but we are looking into ways to automate it. For now, you can join our discord at https://lmsi.club/discord to arrange for wrapping and unwrapping. The accounts used are linked above so anyone can verify the backing at any time.
Put your hard drive to work.
