Bitcoin, El Dorado from Defi? For several months, Defi on bitcoin, or “btcfi”. In fact, many decentralized financial protocols based on the BTC network have appeared. So much that some are already considering a clear future of this defi with bitcoin sauce.
- Defo on bitcoins, or “btcfi”, has increased very important in recent months.
- Alexei Zamyatin predicts that BTCFI can overcome the Ethereum and Solan deficiency thanks to the extensive base of BTC users.
Defi on bitcoin soon more important than Ethereum and Solan?
On the occasion of the conference Token2049 which is currently taking place in Dubai, Alexei lockinco -founder Layer-2 Build on bitcoins (Bob), shared his vision Call In the Blockchain network created by Satoshi Nakamoto.
According to him, the defi on Bitcoin can exceed well Ethereum (ETH) and Solara (COUNTRY). This is explained in particular by the fact that the BTC network has a A much more important user base than the two altcoins. Many users are estimated here 300 millionor so many potential users BtcfiIf it is developed.
“The advantage of Bitcoin Defi is that the market is much larger, you have a much larger detailed user base. It is not easy to convert, but if you manage to win (market) defined on Bitcoin, you win the whole market.” »
Alexei Zamounin, co -founder of building on Bitcoins (Bob)
BTCFI could attract even more institutional with yields on bitcoins
The goal of building on bitcoins is to offer a solution ‘ Layer-2 hybrid »Who combines security Bitcoin with Deficiency from Ethereum via Bitvma platform that allows you to make Smart contracts said ” Turing-Complete »» through the BTC network.
According to Alexean Locker, Product offers Bitcoin yields and stablecoins are the source and high demand in decentralized financing. For the time being, these BTC returns are obtained mainly through Wrapped bitcoinsOn blockchains like Ethereum, Solan or BNB string. However, if these yields were easier to access through Bitcoin’s protocols, it could be ” Change ».
“Many institutional investors – who now buy bitcoins – must generally find yield for the assets that hold. Bitcoin yields become a very popular thing. »»
Alexei Zamounin, co -founder of building on Bitcoins (Bob)
Defined on bitcoin in any case is developing and approaching $ 6 billion Locked asset values (Tvl). In particular through Babylon protocol that after your partnership with sui (sui)He continues to develop his BTCFI ecosystem.
