Bedrock has introduced brBTC, a new Bitcoin-based derivative asset that transforms its role in decentralized finance. brBTC allows Bitcoin holders to earn yields by utilizing derivatives and participating in advanced restaking protocols. This move continues the development of BTCFi, enhancing liquidity and opening up new opportunities for Bitcoin in DeFi. The protocol addresses issues such as liquidity fragmentation and limited restaking capabilities that were identified in previous versions of the system.
12/20/2024 3:06:06 PM (GMT+1)
Bedrock launches brBTC, a new Bitcoin-based derivative asset for decentralized finance with yield generation through derivatives and restaking 🚀
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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