> For the complete documentation index, see [llms.txt](https://docs.btc1usd.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.btc1usd.com/part-3-how-btc1-works.md).

# ⚙️ Part 3 – How BTC1 Works

- [1. Backed by Bitcoin](https://docs.btc1usd.com/part-3-how-btc1-works/1.-backed-by-bitcoin.md)
- [2. Minting BTC1](https://docs.btc1usd.com/part-3-how-btc1-works/2.-minting-btc1.md)
- [3. Redeeming BTC1](https://docs.btc1usd.com/part-3-how-btc1-works/3.-redeeming-btc1.md)
- [4. Weekly “Coupon” Rewards](https://docs.btc1usd.com/part-3-how-btc1-works/4.-weekly-coupon-rewards.md)
- [5. The Endowment Fund](https://docs.btc1usd.com/part-3-how-btc1-works/5.-the-endowment-fund.md)
- [6. Developer Ujrah (Service Fee)](https://docs.btc1usd.com/part-3-how-btc1-works/6.-developer-ujrah-service-fee.md)