Lost Bitcoin LayerPrice

(ATOM)

Lost Bitcoin Layer (ATOM) addresses different problems. The Solana-based project aims to revive Satoshi Nakamoto's original "atom" concept to integrate identity and trust into transactions. It seeks to establish a "network of truth, trust, and transcendence" through unique, soulbound AtomIDs representing reputation, offering continuous on-chain SOL rewards. The stablecoin interpretation provides a decentralized, over-collateralized stablecoin pegged to the US Dollar, solving price volatility for transactions and savings. It also functions as a liquid staking protocol, offering yield generation.

The Solana-based Lost Bitcoin Layer (ATOM) leverages the Solana blockchain's speed to implement the "atom" concept for identity. It utilizes a "Proof of Sacrifice" mechanism where burning ATOM tokens creates an immutable, soulbound AtomID. For the stablecoin interpretation, it operates as a decentralized stablecoin, native to a blockchain. It uses smart contracts to manage the minting and burning process, where users deposit accepted collateral assets into vaults to generate ATOM tokens, ensuring its over-collateralized peg.

For the Solana-based project, the ATOM token is essential for creating an AtomID via a "burning" mechanism, symbolizing a "proof of sacrifice." AtomID holders receive ongoing on-chain SOL rewards. Its total, circulating, and max supply is 999,983,000 ATOM. For the stablecoin, ATOM tokens are minted against deposited collateral, with supply dynamically managed by demand and collateralization ratios. As a liquid staking protocol, it incentivizes participation through Annual Percentage Yields (APYs) derived from liquidations and governance token emissions.

The Solana-based Lost Bitcoin Layer (ATOM) stands out by "resurrecting" Satoshi's "atom" concept for identity on Solana, differentiating it from typical fungible tokens. This unique approach to on-chain reputation and trust offers distinct growth potential in the identity and social Web3 space. The stablecoin interpretation distinguishes itself as a decentralized, over-collateralized stablecoin. This model offers a strong alternative to centralized stablecoins or other decentralized stablecoins with different collateralization structures, positioning it for potential growth as demand for decentralized, stable assets increases.

The Solana-based Lost Bitcoin Layer (ATOM) has an active development status, highlighting its AtomID identity as a "Verified Program on Solscan." Its architecture includes AtomID, SAS Integration, and autonomous rewards, indicating a functional and ongoing project. While specific detailed roadmap milestones are not fully elaborated in the provided information, the existence of a verified program suggests a foundational stage with planned future enhancements and integrations within its ecosystem, focusing on expanding the network of truth and trust.

The ATOM tokens associated with "Lost Bitcoin Layer" are designed to be accessible and liquid within the decentralized finance ecosystem. They can be traded on various decentralized exchanges. For instance, the ATOM/SOL pair is actively traded on popular decentralized platforms, allowing users to acquire or exchange the token. This broad availability on decentralized venues contributes to its liquidity and ease of access for participants within the Web3 space.