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

# FAQ

### **What are the U**NITS **protocol main components?**

At a high level, the UNITS protocol consists of three main mechanisms: 

1. **Convert** - An on-chain two-way conversion between wrapped bitcoin (WBTC) and Micro Bitcoin (muBTC) Tokens
2. **Bond** - An active short-term investment strategy.
3. **Stake** - A rewards mechanism for community members that acknowledge the importance of keeping their tokens staked.

### **What is the UNITS DAO token?**

The UNITS DAO token is the UNITS protocol governance token which carries the UNIT symbol. The UNIT token holders will be the decision makers for the UNITS DAO protocol Ecosystem. 

### **How do I participate in the** UNITS **protocol?**

You can participate in the UNITS protocol by supplying liquidity, bonding, staking and voting.

**Supplying** WBTC in return for muBTC (you can always convert it back to WBTC at the same ratio of 1,000,000 muBTC = 1 BTC).

**Staking** muBTC to earn rewards in UNITS tokens.

**Staking** UNITS tokens to earn additional UNITS tokens as rewards.

**Voting** and participating in shaping the UNITS protocol strategic decisions,  the community will raise proposals and control the direction of the echo system as the project progresses. 

### **Why "Micro" Bitcoin?**

We have chosen to convert Bitcoin into 1,000,000 units in conjunction with the Bitcoin community vision of $1M BTC price. \
\
Therefore we have used Micro **(µ)** which is a unit prefix in the International System of Units (SI), denoting a factor of one millionth (10⁻⁶). The prefix name is derived from the Greek μικρός (mikrós), meaning small. 

### Why muBTC?

The Micro Bitcoin token symbol and short name is muBTC, derived from the Greek letter μ (mu) which is the symbol for the micro prefix. which is [pronounced as miu](https://www.youtube.com/watch?v=68ZC452mm5Y\&ab_channel=JulienMiquel).

### **Who Created the UNITS protocol?**

The UNITS protocol was imagined and executed by a distributed anonymous team, composed of two senior and well experienced blockchain developers, a financial crypto expert and a top crypto strategist.

### **Who runs the** UNITS **protocol?**

No one. The UNITS protocol is DAO-governed. All decisions are formed by community members on the forum and made by token holders through snapshot voting.