DK Project Update: 1st ATP Graduation Service Application Approval

DK has approved the application for the deployment of “The BTC Witch Agent” through the ATP Graduation Service.

Application Approval Details

The application was approved due to the following reasons:

• The agent will be associated with an existing project that will invest in and promote The BTC Witch outside of IQ's current audience.

• Agent design offers unique on-chain functionality.

Key Features of The BTC Witch Agent

Liquidity Deployment

• The BTC Witch Agent on IQ AI will have the unique characteristic of deploying 50–80% of BTC Witch Agent contract-held liquidity in BTCWitch-WBTC liquidity pools.

Purpose

• The purpose of the BTC Witch Project is to accumulate Bitcoin (BTC) through DeFi mechanisms that enable users to invest BTC and collect returns in BTC.

Investor Opportunity

• The BTC Witch Agent provides a novel opportunity for investors to speculate on the value of a smart DeFi-powered, BTC-backed token.

Backing and Tokenomics

• BTCWitch tokens will be backed by buy-and-burn automation from the yield of 1M+ IQYIELD tokens.

• Tokens will also be paired in DK Agent-held liquidity with at least 2M DKDEFI tokens.

DeFi Innovation: WBTC Arbitrage

• The BTC Agent will deploy a unique functionality to profit from WBTC arbitrage opportunities on the Fraxtal network.

• Since WBTC takes seven days to bridge off Fraxtal Network, during periods of high market fear, WBTC on Fraxtal often becomes heavily discounted—sometimes by as much as $5,000 below market rate (e.g., DK acquired 1K in WBTC for $77K about 30 days ago).

• Due to relatively low WBTC trade volume on Fraxtal and the seven-day bridge time, DK is hesitant to execute further WBTC arbitrage swaps. This functionality is now passed to the BTC Witch Agent, which is ready to accumulate as much below-market BTC as possible.

Unique Price Trajectory

By being primarily paired with WBTC and secondarily with IQ and DKDEFI tokens, BTCWitch tokens will have a unique price trajectory that increases overall trade volume across IQ and DKDEFI Liquidity Pool Networks. This will also enhance yield generation within DK's liquidity pool network.

Sustainable Growth

Similar to DKDEFI tokens, BTCWitch tokens will insource agent-held liquidity pool swap and lending fee revenue into the token’s value, automatically stacking Satoshis over time.

Token Locking Mechanism

The first 10M BTCWitch tokens bought by the developer will be locked for six months. Another $5K+ in developer-provided liquidity and IQYIELD tokens will be locked to DKDEFI and BTCWitch Agent contracts. This mechanism prevents rapid token dumping by the agent founder and ensures long-term stability for investors.

🧙‍♀️ Watch out for BTC Witch flying on IQ AI soon!

**For inquiries about launching your own agent, contact @starseedsprotocol on Telegram.Learn more about ATP Graduated Agent Service by StarSeeds Protocol:

DKDEFI: StarSeeds Protocol Graduated Agent on IQ AI: