Loka is developing a decentralized Bitcoin mining pool and a P2P protocol that connects Bitcoin miners, liquidity providers, and investors in a trustless and non-custodial manner. Investors gain access to Bitcoin at a price lower than the market by purchasing contracts for future mining rewards, while Bitcoin miners receive early returns on their investments and hedge against the risk of price volatility. Each contract is tokenized and fully collateralized on-chain at a 1:1 value with BTC, enabling immediate liquidity in the secondary market and eliminating any centralized party risk.