<p><span style="color: rgb(117, 117, 117);">All pTokens are fully-backed and their underlying asset can be redeemed at any time. Anyone holding pTokens can decide to destroy them to get access to their underlying asset. A network of secure sandboxes verifies the amount of pTokens submitted and these jointly trigger the pTokens burning mechanism. The underlying asset is then unlocked and available for the user.</span></p>

pTokens BTC

pTokens BTC are Ethereum tokens pegged 1:1 with its underlying asset - Bitcoin

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