ReserveBTC

Dash
Fct
Test

MegaETH Integration

ReserveBTC is built on MegaETH, a high-performance Ethereum-compatible blockchain designed for institutional-grade DeFi applications with ultra-fast transactions and minimal fees.

Why MegaETH?

Ultra-Fast Performance

Sub-second transaction finality with throughput exceeding 100,000+ TPS

Minimal Fees

Gas fees orders of magnitude lower than Ethereum mainnet

Enterprise Security

Institutional-grade security with formal verification and audits

EVM Compatibility

Full Ethereum compatibility with existing tools and infrastructure

Scalable Architecture

Designed to handle institutional volume and complex DeFi operations

Developer Friendly

Familiar development experience with enhanced performance

Network Configuration

MegaETH Testnet

Network Name:MegaETH Testnet
RPC URL:https://carrot.megaeth.com/rpc
Chain ID:6342
Currency:ETH
Explorer:https://megaexplorer.xyz

MegaETH Mainnet

Network Name:MegaETH
RPC URL:https://rpc.megaeth.systems
Chain ID:TBD
Currency:ETH
Status:Coming Soon

Performance Benefits for Bitcoin DeFi

Instant Transactions

Sub-second finality means immediate Oracle sync and token operations

< 1 second

Ultra-Low Fees

Gas costs are negligible, making micro-transactions viable

~$0.001

High Throughput

Can handle massive trading volumes and complex DeFi operations

100,000+ TPS

ReserveBTC Smart Contracts on MegaETH

Deployed Contracts (MegaETH Testnet)

OracleAggregator

0x611AFD3808e732Ba89A0D9991d2902b0Df9bd149

Core Oracle system for balance monitoring

RBTCSynth

0x37fE059490B70e2605cb3D6fD64F5292d3eB46dE

Soulbound rBTC-SYNTH tokens

VaultWrBTC

0xa10FC332f12d102Dddf431F8136E4E89279EFF87

Transferable wrBTC ERC-20 tokens

FeeVault & FeePolicy

0x298b3746... & 0x2F0f48EA...

Fee management system

Contract Features

  • • Gas-optimized for MegaETH
  • • Oracle-based token management
  • • Committee-based governance
  • • Comprehensive testing (206 tests)
  • • Event logging for all operations
  • • Fee management system
  • • Soulbound token implementation
  • • ERC-20 compatibility (wrBTC)

Developer Integration

Web3 Configuration

// ethers.js
const provider = new ethers.JsonRpcProvider('https://carrot.megaeth.com/rpc');

// viem
import { createPublicClient, http } from 'viem';
import { megaeth } from './chains/megaeth';

const client = createPublicClient({
  chain: megaeth,
  transport: http()
});

// wagmi
import { configureChains } from 'wagmi';

const { chains } = configureChains(
  [megaeth],
  [publicProvider()]
);

Contract Integration

// ReserveBTC Oracle Contract
const oracleContract = {
  address: '0x611AFD3808e732Ba89A0D9991d2902b0Df9bd149',
  abi: ORACLE_ABI
};

// rBTC-SYNTH Token Contract
const rbtcSynthContract = {
  address: '0x37fE059490B70e2605cb3D6fD64F5292d3eB46dE',
  abi: ERC20_ABI
};

// wrBTC Token Contract  
const wrbtcContract = {
  address: '0xa10FC332f12d102Dddf431F8136E4E89279EFF87',
  abi: ERC20_ABI
};

Performance Comparison

NetworkTransaction TimeGas FeeThroughputBitcoin DeFi Suitability
MegaETH< 1 second~$0.001100,000+ TPS✅ Excellent
Ethereum12-15 seconds$5-5015 TPS❌ Too expensive
Polygon2-3 seconds$0.01-0.107,000 TPS⚠️ Moderate
Arbitrum1-2 seconds$0.10-1.004,000 TPS⚠️ Good

MegaETH Features for DeFi

Technical Advantages

Parallel Execution

Multiple transactions processed simultaneously

Optimized State Management

Efficient state updates and storage

Advanced Consensus

High-performance consensus mechanism

EVM+ Enhancements

Extended EVM with performance optimizations

DeFi Benefits

High-Frequency Trading

Ultra-fast execution for trading strategies

Complex Strategies

Multi-step DeFi operations in single transaction

Micro-transactions

Low fees enable small-value operations

Oracle Efficiency

Fast Oracle sync calls and balance monitoring

ReserveBTC + MegaETH Benefits

For Users

  • ✅ Instant Bitcoin DeFi participation
  • ✅ Negligible transaction costs
  • ✅ Real-time balance updates
  • ✅ Seamless user experience
  • ✅ No waiting for confirmations
  • ✅ Complex strategies possible

For Developers

  • ✅ Familiar EVM development
  • ✅ Enhanced performance tooling
  • ✅ Lower infrastructure costs
  • ✅ Reliable execution environment
  • ✅ Advanced debugging features
  • ✅ Institutional-grade reliability

Getting Test ETH

To interact with ReserveBTC on MegaETH Testnet, you'll need test ETH for gas fees:

Request from Team

Contact MegaETH developers for testnet ETH

  • • Join MegaETH Discord
  • • Request in #faucet channel
  • • Provide your wallet address
  • • Usually receive within 24 hours

Amount Needed

Small amount sufficient for testing

  • • ~0.1 ETH for extensive testing
  • • ~0.01 ETH for basic operations
  • • Each transaction costs < 0.001 ETH
  • • Request extra for development