This brings decentralized finance (DeFi) capabilities to Bitcoin, allowing users to stake, borrow, lend and supply liquidity for additional yield.
Native Bitcoin Layer 2 blockchain Merlin Chain announced its support for Bitcoin, allowing holders of the world’s most valuable cryptocurrency to start enjoying DeFi capabilities. The platform aims to unleash BTC’s potential, allowing holders to stake, borrow, lend, provide liquidity and bridge their assets in a seamless and low-cost way.
Merlin Chain integrates the ZK-Rollup network, decentralized oracle networks, and on-chain BTC fraud-proof modules to offer bitcoiners the opportunity to enjoy DeFi while retaining the security proficiency that the Bitcoin Layer 1 chain offers. This opens up opportunities for Bitcoiners, who have had to wait for years, to enjoy DeFi capabilities like other blockchains, mainly Ethereum.
With the constant battle between the two largest cryptocurrencies raging on – Bitcoiners arguing f
We współpracy z: https://cryptodaily.co.uk/2024/06/layer-2-blockchain-merlin-chain-introduces-defi-yield-earning-opportunities-for-bitcoin-holders
