I've always felt that using Bitcoin in DeFi came with too many compromises.
If you wanted liquidity, you usually had to wrap your BTC, bridge it somewhere else, or trust a third party to hold it for you. That never felt like the original vision of Bitcoin.
That's why I found Trustless Bitcoin Vaults (TBV) from @BabylonLabs_io interesting.
Instead of asking us to move away from native Bitcoin, TBV is designed to let us use native BTC as collateral while remaining self-custodial. We keep control of our keys, and there's no need to rely on centralized intermediaries.
One feature that caught my attention is the native Bitcoin-backed borrowing experience with Aave v4 on the public testnet. It shows how Bitcoin can become productive without giving up the properties that make it valuable in the first place.
If you've been waiting for a way to put your BTC to work without wrapping or bridging it, this is worth exploring. I'm planning to spend more time testing it and seeing how the experience evolves.
What do you think h is this the direction
Bitcoin-backed DeFi should be heading?
$BABY #baby
If you wanted liquidity, you usually had to wrap your BTC, bridge it somewhere else, or trust a third party to hold it for you. That never felt like the original vision of Bitcoin.
That's why I found Trustless Bitcoin Vaults (TBV) from @BabylonLabs_io interesting.
Instead of asking us to move away from native Bitcoin, TBV is designed to let us use native BTC as collateral while remaining self-custodial. We keep control of our keys, and there's no need to rely on centralized intermediaries.
One feature that caught my attention is the native Bitcoin-backed borrowing experience with Aave v4 on the public testnet. It shows how Bitcoin can become productive without giving up the properties that make it valuable in the first place.
If you've been waiting for a way to put your BTC to work without wrapping or bridging it, this is worth exploring. I'm planning to spend more time testing it and seeing how the experience evolves.
What do you think h is this the direction
Bitcoin-backed DeFi should be heading?
$BABY #baby