🚀 Exciting times in DeFi! Umoja's new product lets Coinbase wrapped BTC (cbBTC) holders earn a juicy 6% yield on Base. By using strategies like covered calls and arbitrage, Umoja is making waves in the crypto space. 🌊

Remember, cbBTC isn't BTC; it's an ERC20 token backed 1:1 by Bitcoin at Coinbase. The protocol also supports Yield Vault Tokens (YVTs) like yBTC, minted when cbBTC is deposited.

With BTC's recent dip, more investors are eyeing yields to offset losses. What's your take on earning yields with DeFi? Share your thoughts below! ⬇️