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    <title>HiveEngine on emsenn.net</title>
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      <title>BET: Bitcoin Exposure Token on Hive-Engine</title>
      <link>https://emsenn.net/library/domains/engineering/domains/tech/domains/computing/domains/blockchain/domains/hive/domains/ideas/bet/</link>
      <pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate>
      <guid>https://emsenn.net/library/domains/engineering/domains/tech/domains/computing/domains/blockchain/domains/hive/domains/ideas/bet/</guid>
      <description>&lt;p&gt;BET, or the &lt;em&gt;Bitcoin Exposure Token&lt;/em&gt;, is a idea for a crypto token on &lt;a href=&#34;Hive-Engine&#34; class=&#34;link-internal&#34;&gt;Hive-Engine&lt;/a&gt;. It will exist to accumulate &lt;a href=&#34;SWAP.BTC&#34; class=&#34;link-internal&#34;&gt;SWAP.BTC&lt;/a&gt; over time through token sales managed by a bot who offers to sell &lt;code&gt;$BET&lt;/code&gt; at NAV+2% or buy it at NAV-2%. NAV will be defined as &lt;code&gt;((held SWAP.BTC)*(SWAP.BTC price in HIVE))/(BET circulating)&lt;/code&gt;. Bot activity will be syndicated as posts onto [InLeo Threads](InLeo Threads).&lt;/p&gt;</description>
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