TNA Launches $BN on Bounce Onchain Launchpad
Bounce is excited to announce our partnership with TNA, the leading naming and DA layer for Bitcoin. TNA is launching their governance token $BN on Bounce Launchpad, offering three pools for participants. All three pools go live on August 19, 10AM UTC, lasting for 48 hours. Participants need to have $AUCTION to participate. Let’s dive into the details of $BN token launch on Bounce.
What is TNA?
TNA serves as the universal naming and data availability (DA) layer for Bitcoin, emphasizing the amplification of Bitcoin’s non-financial use cases. By providing a robust DA infrastructure, TNA enables seamless interoperability of assets across the entire Bitcoin network. It supports various asset types on the Bitcoin mainnet, facilitating cross-network interactions and enhancing user experience through decentralized usernames and other features.
$BN IDO Details
1/ AUCTION Staking Pool
Link: https://app.bounce.finance/launchpad/tna-staking
Blockchain: Ethereum
Pool Supply: 1050000 BN
Total Raise: 770 AUCTION
Guide: https://docs.bounce.finance/auction-user-guide/staking-auction-guide
Please note that the AUCTION staking pool is time-weighted, meaning that the more AUCTION & the longer you stake, the more BN allocation you’ll get.
2/ Fixed-Price Public Pool (first come first
serve)
Link: https://app.bounce.finance/launchpad/tna
Pool Supply: 2730000 BN
Price: 1 BN = 0.000733 AUCTION
Hard Cap per Wallet: 200 AUCTION
3/ Fixed-Price Whitelist Pool
📍: https://app.bounce.finance/launchpad/tna-wl
Pool Supply: 420000 BN
Price: 1 BN = 0.000733 AUCTION
$BN Release Schedule
10% of the total BN supply will be released immediately after BN IDO ends. The rest of BN will be released over the next 12 months with 7.5% per month.
$BN Tokenomics
$BN, or Bitcoin Names, is TNA’s governance token that plays a pivotal role in the decentralized management and strategic direction of our ecosystem. This token facilitates active participation from our community in key decision-making processes, including protocol upgrades and feature enhancements. $BN is crucial for ensuring that TNA remains adaptive and responsive to the needs of the Bitcoin network at large.
Beyond governance, $BN is instrumental in extending the reach and functionality of our ecosystem. It is designed to support a wide range of activities within the Bitcoin network, from enhancing liquidity to enabling broader compatibility with various layer2 solutions. By using $BN, stakeholders can engage more deeply with the ecosystem.
Since it integrates several fundamental roles that directly impact the ecosystem’s functionality and growth, $BN will symbolize the overall value and vitality of the TNA ecosystem.
Project Highlights
- Pioneering Technology and Leadership: TNA provides the first universal naming layer for Bitcoin enabled by its proprietary Data Availability (DA) layer. TNA distinguishes itself with several pioneering technologies, including:Blob-based Storage for efficient and scalable data storage, and Hierarchical Data Verification (HDV) for ensuring rapid and secure data verification across networks. TNA also plans to support various asset types on the Bitcoin network to accommodate and contribute to Bitcoin’s asset diversity. TNA is at the forefront of innovating NFTs within the Bitcoin ecosystem and leveraging the Lightning Network to enhance programmability and scalability.
- Thriving Community and Ecosystem: TNA has built a vibrant community and ecosystem with prominent partners such as OKX Wallet, Polyhedra, Bitlayer, Bsquared, Merlin, and Lightning Labs. Additionally, TNA has developed a strong network of KOLs and communities across Turkish, CIS, and Asian regions. Notably, TNA achieved the highest .btc name sale at 5 BTC.
- Empowering the Future of Bitcoin: TNA is pivotal in enhancing the Bitcoin ecosystem by providing a seamless interface and interaction layer that improves the overall user experience. Leveraging its proprietary Data Availability (DA) layer, TNA ensures efficient data storage and verification, supporting the scalability and reliability of the Bitcoin network. This, in turn, lowers entry barriers, enhances user experience, and fosters greater adoption and utility of Bitcoin.
About Bounce Brand
Bounce Finance is a decentralized platform dedicated to innovating and fulfilling the evolving needs of the Web3 space. Established in 2020, Bounce Finance is known for offering Auction-as-a-Service, an onchain auction protocol empowering Launchpad services and permissionless auctions for tokens, NFTs and RWAs.
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