Bitcoin in DeFi: An Introductionby@serkhitrov
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Bitcoin in DeFi: An Introduction

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Bitcoin is still king in the cryptocurrency sphere, but it is now possible to earn in cryptocurrency sphere by investing in an asset and using it in the DeFi ecosystem. Wrapped Bitcoin (WBTC), launched in 2019, is the first ERC-20 token that is secured 1:1 with Bitcoin. Bitcoin and DeFi are often perceived as separate, as the vast majority of DeFi applications and protocols run on the Ethereum and BSC blockchains. The prospect of more widespread decentralized financial protocols is quite enticing. The more users in this space know that the concepts are compatible and compatible for enduring DeFi and Bitcoin.

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Sergei Khitrov

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