Technical Overview
The BTCFi campaign uses Neutron's integrated blockchain infrastructure to deliver Bitcoin DeFi strategies through transparent, on-chain reward tracking.
System Architecture
Points System
Points Contract: On-chain smart contract for reward tracking and distribution
- Stores user points and reward calculations on-chain
- Supports Neutron address formats
- Enables transparent reward verification
Points Crawler: Modified version of Droplets points campaign functionality
- Gathers data on deposit size and duration
- Publishes data on-chain to the points contract
- Uses daily snapshots for fair reward distribution
Reward Distribution: Dollar-denominated rewards converted to NTRN at phase end
- Protects users from token price volatility during phases
- Aligns campaign costs with network growth
Address Linking System
Boost Pointer Contract: Links Neutron-based boosts to deposit addresses
- Accepts Neutron address formats
- User-controlled "pointing" system for boost coordination
- No unbonding periods - purely accounting mechanism
Simplified Architecture: All deposits and boosts on Neutron
- Direct Neutron deposits to positions (Amber, Supervaults)
- Boosts apply to the same Neutron address
- Streamlined reward calculation system
- Complete implementation: Address Linking System
Protocol Integration
Lending and leveraged strategies for BTC derivatives. Direct integration with campaign reward system. Documentation → | Points Campaigns →
Automated market making for BTC derivative pairs. LP positions tracked via vault shares.
Technical Implementation
Security & Audits
Campaign Infrastructure: BTCFi contracts and infrastructure have been audited by Informal Systems.
- Audit Report: Informal Systems Audit
- Bug Bounty: Neutron Immunefi Program