Bitcoin has security. Ethereum has DeFi.
BOB merges both into hybrid L2 powered by staked BTC and BitVM
Thanks to BitVM, BTC can be deployed trustlessly across EVM chains
The result? A platform that brings Bitcoinâs base layer strength to Ethereumâs DeFi playground
Hereâs what they have to offer -
†1-Click BTC Staking: Easily stake your Bitcoin into DeFi products in a single transaction, thanks to Bitcoin intents.
†Hybrid BTC Vaults: Earn yield on your Bitcoin through vaults secured by BTC but connected to Ethereum and other chains.
†Bitcoin Smart Accounts: Use Bitcoin like sending an emailâno wallets, seed phrases, or apps required. Onboarding made effortless.
BOBâs backers include Castle Island, Coinbase Ventures, Ledger Cathay, IOSG, Mechanism, etc
BOB has over $210M in TVL and $290M in on-chain assets.
The network has attracted almost 550K users and is gaining momentum fast.
More than 100 projects are building on BOB, including projects like Babylon, Uniswap, Chainlink, Optimism.
The growth of the ecosystem is pretty serious.
SatLayer now supports @build_on_bob as well, with uniBTC restaking as a part of the SiliBoB Valley.
Learn more about it here -
https://t.co/xAldMPY0XJ
Keep an eye out for the TGE soon đ
Invested and a supporter of BOB
