cBTC ( cBTC )
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White Paper — cBTC (Polygon Network)
Introduction
cBTC is an independent token deployed on the Polygon network, inspired by the concept
of Bitcoin but having no legal, financial, or technical connection to the original Bitcoin
(BTC).
The project’s mission is to deliver a fast, low-cost, and reliable digital asset tailored for
decentralized finance (DeFi) and payment use cases, leveraging Polygon’s scalability and
efficiency.
Problem
Current blockchain ecosystems face several limitations:Social Media: in progress
High transaction fees (especially on Ethereum and Bitcoin);
Slow confirmation times;
Limited usability for micro-payments and everyday transactions;
Insufficient scalability for mass adoption in DeFi and e-commerce.
The cBTC Solution
cBTC addresses these challenges through:High-speed transactions enabled by Polygon’s network capacity;
Low fees suitable for micro-payments and global usage;
Flexibility for DeFi applications, trading, and payments;
Compatibility with leading DEX platforms and smart contracts within Polygon’s
ecosystem.
Technical SpecificationsNetwork: Polygon (Chain ID: 137)
Token Name: cBTC
Symbol: cBTC
Contract Address: 0x2faC5d48f9cd055f1e378dD9b917292e4d5F896f
Decimals: 18
Total Supply: 29,000,000 cBTC
Emission: Fixed supply — no further issuance possible
Burn / Freeze: Not available — no burn, no lock, no freeze functions
Governance: Fully independent, with no third-party control
TokenomicsA total of 29,000,000 cBTC was minted at contract deployment.
The contract does not contain minting functions — new supply cannot be created.
There are no functions for burning, freezing, or revoking tokens.
This ensures full decentralization and independence of the token in the Polygon network.
Use CasesDeFi: liquidity provision, staking, farming, and trading;
Payments: fast peer-to-peer transfers and micro-payments;
Future integrations: DAO, NFT platforms, and additional DeFi protocols.
Exchanges and LiquiditycBTC is actively traded on QuickSwap (Polygon).
Liquidity and analytics can be verified here: https://info.quickswap.exchange/#/token/137
/0x2faC5d48f9cd055f1e378dD9b917292e4d5F896fExample real trading transaction: https://polygonscan.com/tx/0x1e72fe1577e6d9277d96
6ddb95721815b729d8fed0fd66222c4cccc7550949f2Ongoing negotiations are in progress with several centralized exchanges (CEX) to
expand availability and liquidity of cBTC.
RoadmapPhase 1 — Smart contract deployment on Polygon ■
Phase 2 — Polygonscan and QuickSwap listing ■
Phase 3 — Official website launch: https://cnexttoken.com/ (within 7 days)
Phase 4 — Social media launch (Twitter, Telegram, Discord)
Phase 5 — CEX listings (negotiations underway)
Phase 6 — Integration with DeFi protocols, staking, and yield farming
Phase 7 — Liquidity expansion, strategic partnerships, and global adoption
DisclaimercBTC is an independent project.
It has no affiliation with Bitcoin (BTC) or its developers, and no legal or financial ties to
the Bitcoin network.The name and symbol are conceptually inspired by Bitcoin, but cBTC is entirely separate
and autonomous on the Polygon blockchain.Users and investors are responsible for assessing risks before using or holding cBTC.
ContactsWebsite: https://cnexttoken.com/ (under development)
soon…