Bitcoin, often dubbed as 'digital gold', is becoming a pivotal figure in decentralized finance through protocols operating on the Core DAO.
Colend: Redefining Bitcoin Lending
Colend is a lending platform that allows users to leverage their Bitcoin for lending and borrowing. It plays a crucial role in pushing BTCFi on the Core blockchain with its efficient infrastructure.
Bitflux: Enhancing Bitcoin Liquidity
Bitflux enhances Bitcoin liquidity in the Core DAO ecosystem, allowing users to swap assets with low-slippage. It serves as a catalyst for BTCFi by integrating Bitcoin into everyday financial transactions.
Glyph Exchange: Bridging the Gap Between Bitcoin and DeFi Ecosystems
Glyph Exchange provides cross-chain compatibility, enabling trading between Bitcoin and EVM-compatible assets. It is key to promoting the use of BRC-20 tokens and Bitcoin ordinals.
BTCFi is becoming a vital part of the decentralized finance world, offering new opportunities for Bitcoin utilization. Protocols on Core DAO significantly extend Bitcoin's functionality, pushing it beyond mere value storage.
