From derivatives of a leading exchange to on-chain contracts, BOB has never wavered in its ecological expansion journey, fundamentally addressing the long-standing pain points of the Bitcoin chain—native BTC assets can now be directly used as collateral for loans in Decentralized Finance.



After talking about BTC DeFi for so long, it seems that BOB is the one who really made this happen.

The data is here: currently less than 0.35% of Bitcoin has flowed into the native DeFi ecosystem. What about Ethereum? With DeFi protocols and staking mechanisms, it has long absorbed a considerable amount of asset scale. Comparing the two, how big is the potential for BTC's slice of the pie? You decide.
BOB-0.91%
BTC-0.23%
ETH-0.87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
token_therapistvip
· 2h ago
BTC finally has someone actually doing something, not just talking. What does the 0.35% figure indicate? The cake has just been cut, and those coming after will have opportunities to profit.
View OriginalReply0
BottomMisservip
· 12-22 17:53
Wait, did BOB really manage to use BTC as collateral for DeFi? Those previous projects were just blowing smoke.
View OriginalReply0
SilentObservervip
· 12-22 17:50
BTC is indeed still sleeping, and BOB is making a good move.
View OriginalReply0
LightningClickervip
· 12-22 17:49
Here comes another one claiming to solve BTC Decentralized Finance. Whether BOB can truly break the deadlock will depend on the subsequent data.
View OriginalReply0
MemeKingNFTvip
· 12-22 17:39
0.35%? This number looks just like the sucker mentality in the Bitcoin ecosystem, everyone is waiting and watching... If BOB can really master the BTC Decentralized Finance thing, then it would indeed be striking gold, but I've heard the phrase "fundamentally solve" too many times, and it always ends up in a mess.
View OriginalReply0
MerkleTreeHuggervip
· 12-22 17:29
The matter of BTC collateral lending, BOB has indeed created something.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)