Stop fixating on APY like it's the Holy Grail; the winds have shifted at BTCFi.
After hanging around BTCFi for a while, I'm increasingly convinced that many folks are looking in the wrong direction.
Every day, people in the group are obsessing over annualized returns and which farm is the hottest, as if APY is the one and only answer. But if you take a closer look at the data, you'll see that the yield for ETH liquid staking has plummeted from 6-8% last year to most protocols barely hitting 4% now. This isn't just market volatility—it's the inevitable result of market saturation. In other words, relying on high yields is becoming a dead end.
So, what's the next move? I figured it out at Bedrock ($BR ).
They're not shouting about the highest yields; instead, they've transformed uniBTC from a mere staking token into a liquidity gateway. What does that mean? Our Bitcoin can flow seamlessly across multiple chains and yield scenarios without us having to jump around manually. The result is that an average uniBTC holder today wakes up to yields that are comparable to what institutions had to painstakingly piece together between Babylon and EigenLayer two years ago. All the returns are bundled in a single token.
The logic is clear: when yields converge, asset efficiency is the real moat. Bedrock currently supports 15 chains, over 5000 BTC staked, and a TVL exceeding $700 million, which backs up this assertion.
Of course, if TVL keeps climbing, finding high-quality yields across multiple chains will get tougher—that's a question they need to tackle in the future. But I’m confident in this direction.
@Bedrock $BR #Bedrock
After hanging around BTCFi for a while, I'm increasingly convinced that many folks are looking in the wrong direction.
Every day, people in the group are obsessing over annualized returns and which farm is the hottest, as if APY is the one and only answer. But if you take a closer look at the data, you'll see that the yield for ETH liquid staking has plummeted from 6-8% last year to most protocols barely hitting 4% now. This isn't just market volatility—it's the inevitable result of market saturation. In other words, relying on high yields is becoming a dead end.
So, what's the next move? I figured it out at Bedrock ($BR ).
They're not shouting about the highest yields; instead, they've transformed uniBTC from a mere staking token into a liquidity gateway. What does that mean? Our Bitcoin can flow seamlessly across multiple chains and yield scenarios without us having to jump around manually. The result is that an average uniBTC holder today wakes up to yields that are comparable to what institutions had to painstakingly piece together between Babylon and EigenLayer two years ago. All the returns are bundled in a single token.
The logic is clear: when yields converge, asset efficiency is the real moat. Bedrock currently supports 15 chains, over 5000 BTC staked, and a TVL exceeding $700 million, which backs up this assertion.
Of course, if TVL keeps climbing, finding high-quality yields across multiple chains will get tougher—that's a question they need to tackle in the future. But I’m confident in this direction.
@Bedrock $BR #Bedrock