🚀 Breaking DeFi News: Umoja's new product lets cbBTC holders earn a 6% yield on Base! 🎉

1. How? With a mix of centralized & decentralized strategies like covered calls and arbitrage. It's like playing chess with your crypto! ♟️

2. Remember, cbBTC is a wrapped token, not BTC itself. It's backed 1:1 by BTC at Coinbase. So, no, you can't unwrap it like a burrito! 🌯

3. YVTs like yBTC are minted when cbBTC is deposited. It's like crypto alchemy! ✨

Bitcoin maximalists might cringe, but with BTC's rollercoaster ride, earning yield is the new cool. 😎

Comment your thoughts below! Let's discuss the future of DeFi and Web 3!