$SUI Buying SUI is not as good as entering BOB Deposit BTC into multiple chains' DeFi to earn yield-bearing HybridBTC and use it on BOB To deposit BTC into multiple chains' DeFi and earn yield-bearing HybridBTC for use on BOB, please follow these steps. - *Deposit Wrapped BTC or BTC LST*: Deposit Wrapped BTC (e.g., WBTC, tBTC) or BTC staking tokens (LST), such as SolvBTC, SolvBTC.BBN or LBTC into the HybridBTC.pendle vault on the Ethereum mainnet. - *Earn Yield*: The vault will deploy your deposited assets to DeFi applications on other chains, generating yields denominated in BTC. You will receive HybridBTC.pendle tokens that represent your holdings in the vault and accumulated earnings. - *Use HybridBTC on BOB*: Use your HybridBTC.pendle tokens in BOB's DeFi ecosystem to pursue additional yield strategies, such as: - *Collateralize on Euler v2*: Use HybridBTC.pendle as collateral to borrow more BTC or other assets, potentially increasing your returns. - *Leverage Positions*: Use HybridBTC.pendle to create leveraged positions to amplify your earnings. - *Borrow Stablecoins*: Use HybridBTC.pendle as collateral to borrow stablecoins. - *Benefits*: Enjoy a seamless user experience with no impermanent loss or liquidation risk, thanks to BOB's Hybrid L2 security model and Veda's validated yield generation strategies. BOB's HybridBTC product provides a secure way to obtain real BTC yields across multiple chains, making it an attractive choice for Bitcoin holders looking to enter DeFi.
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