eBTC – stETH Backed BTC Loans

eBTC – stETH Backed BTC Loans
фото показано с : bravenewcoin.com

2024-2-21 22:39

Why you should listen

eBTC is a protocol that allows anyone to use Lido’s Staked Ether (stETH) as collateral to borrow a synthetic Bitcoin asset with zero borrowing fees. Powered by non-custodial, immutable, governance-minimized smart contracts, it aims to be the most trustless and censorship-resistant synthetic Bitcoin in DeFi.

eBTC is the first protocol to focus exclusively on the ETH/BTC ratio. While most of the trading and strategies for this pair are currently done off-chain using centralized counter-parties, eBTC empowers users to now bring this activity on-chain with extreme transparency. Further, due to its immutability and composability, it enables any protocol to integrate its functionality and build on top of it.

Its vision ignited by the abundance of highly publicized financial collapses in 2022, eBTC has been designed as a response to the shortcomings of the centralized and opaque financial infrastructure that is commonplace within the blockchain space. By moving more ETH/BTC activity on-chain within immutable smart contracts, eBTC moves the space further away from the centralized solutions for borrowing Bitcoin currently seen in the market today.

Supporting links

Bitget

Bitget VIP Link with BONUS 1000 USDT

Bitget Academy

Bitget Research

Bitget Wallet

eBTC

Andy on Twitter

Brave New Coin on Twitter

Brave New Coin

If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.

ADVERTISEMENT

Advertise with BNC

Similar to Notcoin - Blum - Airdrops In 2024

origin »

eBitcoin (EBTC) на Currencies.ru

$ 0 (-0.39%)
Объем 24H $0
Изменеия 24h: 4.91 %, 7d: 13.87 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 18.897m EBTC

loans btc backed steth ebtc

loans btc → Результатов: 47


2nd Largest BTC Mining Pool, Poolin, Collabs With BlockFi, To Boost Crypto Lending Service

Reports confirm that the U.S based institutional-grade crypto lender, BlockFi, will be extending credit to Pooling, the second largest Bitcoin mining pool. The latest move sets the mining pool on extending its crypto lending services to miners since launching Blockin, a Singapore-registered wallet entity, which offers loans to miners. Since the halving, the hash rate […]

2020-6-3 18:45


Фото:

Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token.

2020-4-22 05:06


Фото:

ConsenSys и Morgan Creek Digital инвестировали в DeFi-решение для биткоина

Стартап Atomic Loans привлек $2,45 млн от Initialized Capital, ConsenSys, Morgan Creek Digital и Bison Trails на развитие криптолендингового ончейн-протокола BTC. 1/14 Excited to announce our $2.45M seed round led by @Initialized! Also welcoming Morgan Creek & @APompliano @JoeLallouz @aaronhenshaw @rverbee @reganbozman and Mike Cohen, joining @ConsenSys Thanks for supporting us in bringing #DeFi to […]

2020-4-16 14:48