Portal, backed by Coinbase and OKX, is building the first-ever custodyless infrastructure for Bitcoin, enabling BTC, EVM, and SOL swaps without bridges or wrapped assets while maintaining security. In other words, pure Bitcoin interoperability. 

Portal is offering up to 21,000 LiteNodes to CoinList users who participate in their 6-week Aurelia Incentivized Public Testnet campaign, designed to foster user engagement, network activity, and decentralization. Each LiteNode emits 9,285 tokens when active and staked. Complete quests, secure LiteNodes, earn tokens.

LiteNodes Utility:

• Each LiteNode earns 9,285 tokens if all tokens are staked.
• This makes LiteNodes a valuable asset for decentralized data validation and passive income.

Tokenomics:

• The total supply is capped at 8.4 billion tokens distributed over 10 years with a deflationary mechanism.
• Validators and SuperNodes receive 55% of emissions, ensuring robust network security and scalability.
• LiteNodes: 5% of emissions are reserved for community-based participation.
• Staking and Liquidity Providers: 15% and 25% of emissions, respectively, to incentivize network stability and liquidity.
• 50% of swap fees are used for token purchase and burn (P2B), ensuring long-term deflationary pressure and value retention.

Portal’s reward program is designed to engage and incentivize active participants in a groundbreaking way, moving beyond standard token airdrops. Here’s how rewards are structured for the Aurelia Testnet:

1. LiteNode Distribution
• Total Incentive: 21,000 LiteNodes are being distributed over six weeks during the testnet.
• Eligibility: Active testnet participants can earn LiteNodes by completing weekly tasks and achieving leaderboard rankings.
• Earning Potential: Participants can earn up to 7 LiteNodes (1 per week + leaderboard rewards).
2. Value of LiteNodes
• Each LiteNode grants 9,285 tokens if the node remains active and staked, making participation both valuable and rewarding.
3. Decentralization and Accessibility
• LiteNodes are simple to run on a basic laptop or VPS, enabling widespread participation and helping decentralize the Portal Network while providing essential data validation.
4. Additional Referral Rewards
• Influencers can earn extra tokens by sharing their unique referral codes through the platform, encouraging broader participation and engagement.

This innovative reward structure not only incentivizes active contributions but also empowers participants to directly support the decentralization and functionality of the Portal Network, creating a more robust and engaged ecosystem.

The Aurelia Testnet Campaign is designed to attract passionate participants ready to help decentralize the Portal Network while ensuring compliance and fairness. Here’s what you need to know about eligibility:

1. Participant Eligibility
• How Many LiteNodes?
• Up to 21,000 LiteNodes are available, and participants will compete to earn them during the six-week campaign.
• Who Can Participate?
• Open to global participants, except for those in geofenced regions (OFAC/NNCT countries).
• Participants must complete KYC upon LiteNode redemption to ensure compliance, reduce bot activity, and exclude individuals flagged under SDN, PEP, BIS, FBI, or Interpol wanted lists.
• Hardware Requirements:
• LiteNodes are easy to run on basic laptops or VPS setups, making participation accessible to a wide audience.
2. Selection Criteria
• Participants earn LiteNodes by completing quests hosted on BonusBlock, a trusted platform for blockchain competitions.
• Weekly tasks and leaderboard rankings will determine eligibility for earning LiteNodes, promoting active engagement and competition.
3. How Participants Will Be Notified
• Updates, task assignments, and notifications about selection or LiteNode earnings will be provided through the campaign dashboard at nodes.portaltobitcoin.com.

Key Features:

• Geofencing: U.S. residents can participate.
• Community-Centric: With 5% of network emissions allocated solely for the community, the campaign aims to decentralize the Portal Network from Day One.

Finally, a campaign for the degens!

The incentivized testnet, Aurelia Testnet, launched on Monday, December 9th, and will run for a total of six weeks, concluding on Sunday, January 19th. This timeframe provides participants with ample opportunity to engage actively and earn LiteNodes. This schedule is subject to change as the testnet progresses at the sole discretion of Portal.

Portal to Bitcoin is revolutionizing cross-chain Bitcoin trading with a trust-minimized, non-custodial interoperability solution. It enables atomic swaps between native Bitcoin assets (BTC, Ordinals, Runes) and other blockchain networks without requiring bridges or wrapped tokens, ensuring maximum security and efficiency.

Key Highlights That Differentiate Portal to Bitcoin

1. Truly Non-Custodial Interoperability
• Portal to Bitcoin is the only cross-chain infrastructure for Bitcoin that eliminates custody risks by avoiding bridges, wrapping, or third-party control.
• Ensures user and liquidity provider (LP) funds are always safe, solving a critical barrier to Bitcoin adoption in decentralized finance (DeFi).
2. Superior Speed, Cost, and User Experience
• Portal is 20–50x faster and reduces transaction costs by up to 90% compared to competitors for native BTC > ETH swaps.
• Unlike custodial alternatives, Portal achieves seamless atomic swaps without compromising on security or usability.
3. Scalability and Innovation with BitScaler
• Portal’s proprietary BitScaler technology scales Bitcoin transactions horizontally and vertically without altering its base protocol, allowing for faster, more efficient cross-chain trading while preserving Bitcoin’s security principles.
• This innovation uniquely positions Portal to unlock significant capital inflows from Bitcoin whales and traditional financial institutions.

With industry backing from Coinbase Ventures, OKX Ventures, and Arrington Capital, and a team of veteran Bitcoin developers, Portal to Bitcoin is uniquely positioned to address the custody and scalability challenges holding back Bitcoin’s full potential in DeFi.