> For the complete documentation index, see [llms.txt](https://docs.bitu.io/bitu/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bitu.io/bitu/overview/bitu-liquidity.md).

# BitU Liquidity

$BITU is an overcollateralized USD-pegged stablecoin backed by BTC and other permitted assets. BitU Protocol maintains the stability of the $BITU peg by ensuring that the value of collateral assets consistently surpasses the circulating supply of $BITU in the market, thereby stabilizing the price of $BITU at the peg price.

Currently, the BitU ecosystem implements a whitelist system in order to mint the $BITU stablecoin. Users who wish to mint $BITU must [apply](https://form.typeform.com/to/K9xCqi1s) to the BitU team and undergo whitelist verification. However, holding and staking $BITU is always permissionless and accessible to everyone.

$BITU holders can stake to receive $sBITU and earn real yield, provide liquidity on decentralized exchanges, or deposit into the omni-trading hub to access diverse assets across numerous markets from a single unified experience. 

<figure><img src="/files/FrCO4rMERdMJlXHwwRkW" alt=""><figcaption><p>$BITU Liquidity Process</p></figcaption></figure>