> For the complete documentation index, see [llms.txt](https://docs.thehodl.org/welcome-to-gitbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.thehodl.org/welcome-to-gitbook/fair-launch/genesis-period/genesis-commitment.md).

# Genesis Commitment

## Buying BTCH in the Genesis Period

Participation in the Genesis Period requires a USDC (or other whitelisted assets) commitment to bootstrap BTCH POL (Protocol-owned-Liquidity). Committed cryptoassets will be converted to WBTC and support the early stability of BTCH by being sent to BTCH/WBTC pair as liquidity.

For example, committing USDC entitles participants to a pro-rata percentage of BTCH generated. The aggregate quantity of BTCH minted will be determined by the Target Price at the end of Genesis, Genesis BTCH minted = Genesis USDC committed / Target Price. Commitments of USDC for BTCH are not directly reversible at any point.

## Vesting and Auto-stake

10% of Genesis BTCH purchased in the Genesis Period will be released and auto-staked immediately. The rest 90% BTCH will be vested through 540 epochs (180 days), and the vested part will be staked automatically at each epoch.&#x20;

In return, participants in the Genesis Period will receive an extra Genesis Reward as compensation for their long vesting period. Genesis Reward is 30% of the additional minted BTCH when every BTCH goes into Staking Reward Pool during the vesting period.


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