Activerunning since 2020updated 18 Jun 2025
ICY and Dwarves+
ICY is our community token: contributions earn it, and Bitcoin in the treasury backs it. Dwarves+ is the protocol design around it.
Who it is for
Team members, contributors and fellows who earn or hold ICY.
What you get
- ICY for contributions: sharing, research, tools, events
- A swap from ICY to BTC on icy.so
- A say in the protocol through DFG governance
How it works
- Earn ICY for a contribution the community values.
- Hold it in a wallet on the Base network.
- Swap it to BTC on icy.so; the minimum is 20 ICY and you pay gas in ETH on Base.
Updates
Questions
- What is the smallest swap?
- 20 ICY.
- Who pays gas?
- You do, in ETH on the Base network.
- What backs ICY?
- The Bitcoin held in the treasury, so its worth moves with BTC.