I’ve started to think that the BTCFi winner is not the one offering the best yield.
The more time I invest in studying the evolution of Bitcoin liquidity the more convinced I become that the opportunity is elsewhere.
Most talks revolve around APYs.
Yield is usually more the result than the source.
It is a bigger challenge to discover ways to make trillions of dollars worth of Bitcoin capital more productive and more efficiently coordinated across an expanding ecosystem.
This is the reason I continue to focus on infrastructure rather than headline returns.
To me, what stands out about @Bedrock is that the thesis is not just yield generation.
UniBTC transforms idle BTC into liquid capital that can actively participate across BTCFi. Meanwhile, the ecosystem continues on its path of allowing Bitcoin liquidity to be deployed more effectively.
With the launching of new protocols and expansion of liquidity venues, the capital coordination will become much more crucial as institutional participation starts to grow.
In the short term markets reward garish numbers.
Long-term winners often are huge efficiency solves.
I believe that has been the part of the Bedrock story that many underappreciate.
How do you find?
