What are Alkanes

What is the Alkanes Metaprotocol?

Alkanes implements a full smart contract environment on Bitcoin L1

Full details at: https://alkanes.build/docs/learn/intro

Key elements of an Alkanes token

Using $METHANE as an example

• Token Name: METHANE

• Token Symbol (Ticker): $METHANE

• Cap: Total number of mints: 100,000

• Premine (Optional): Reserve an amount of supply premine: 0

• Amount: Amount per mint: 10,000

• Total Supply = Premine + (Cap x Amount): 1,000,000,000

Alkanes token implementations

• Minting and burning capabilities (often with access controls)

• Token metadata (name, symbol, decimals)

• Transfer hooks for additional logic

• Supply caps or other monetary policy

• Snapshot functionality for governance