Bitcoin is finally paying you back.
Not on some janky chain.
Not through a maze of bridges.
But directly on NEAR.
60% APR.
No CEX.
No complex setup.
Here’s why it’s one the biggest unlock for Bitcoin in DeFi since… ever:
For years, Bitcoin’s been lazy in DeFi, part of its beauty, but currently Bitcoin looks like:
• Trillions in value
• Zero yield
• Barely composable
• Parked, idle, wasted
But that’s changing fast.
What changed?
Ref Finance, one of NEAR’s top DEXs, launched a liquidity pool:
nBTC <> NEAR
And the yield?
~60% APR
Yes. Sixty. With a single wallet.
No 12-step guide.
Just pure yield on the most dominant asset in crypto.
How it works:
• nBTC = tokenised Bitcoin on NEAR
• Satoshi Protocol lets you convert BTC → nBTC using your Bitcoin wallet
• Ref Finance provides the pool and rewards
One chain. No friction. Full composability.
Why this matters:
Most BTC just sits there.
Now some of it can earn big APR.
The nBTC <> NEAR pool gives:
• Capital efficiency (use BTC to earn APR)
• Real yield
• Clean UX (fast, low fees)
Why NEAR is becoming part of DeFi infrastructure quietly:
• Cross-chain onboarding
• Speed and scalability
• BTC integration without L2 headaches
This is more than a yield farm.
It’s a signal for change.
User benefits:
• ~60% APR (live)
• Easy onboarding via Satoshi Protocol
• Trading and LP incentives
• No token confusion
• Native to NEAR’s high-speed chain
If you hold BTC and want yield, this is the path.
Risks to know:
• APRs fluctuate as TVL increases
• Impermanent loss risk
• Smart contract exposure (standard DeFi risk)
The bottom line:
BTC is finally earning.
Natively.
No handholding.
No games.
Ref Finance.
Satoshi Protocol.
nBTC <> NEAR pool.
The king is waking up. And he’s finally working.
Proud to be working with @PinkBrains_io to get this information out to people, only $450k TVL, smells like opportunity here.