比特币可编程性

Master Protocol is an emerging interest rate swap market and points farm accelerator in the Bitcoin ecosystem. To some extent, we can regard it as the Pendle of the Bitcoin ecosystem, but we cannot regard it as a simple fork version of Pendle. To truly understand the value of Master Protocol, we need to observe it from the perspective of the BTC-FI value chain.
The Bitcoin programmability narrative is spreading from the East to the West. With Bitcoin Magazine and the top crypto venture capital Polychain debating and setting standards for Bitcoin L2, Bitcoin programmability has finally become a serious new crypto investment track in the West. Pentera, Coinbase Ventures, Polychain, Bankless and other top VC/investment DAOs have invested in and incubated projects in this track. Babylon, Botanix, BOB, Mezo and other so-called Western blue-blooded Bitcoin ecological projects have successively announced that they have received high amounts of financing.