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Core DAO and BTCFi: A Breakthrough in Decentralized Finance

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by Giorgi Kostiuk

10 hours ago


Core DAO is actively integrating Bitcoin into decentralized finance, unlocking new potential in the DeFi world. BTCFi aims to transform Bitcoin into an active participant in the decentralized financial ecosystem.

Colend: Redefining Bitcoin Lending

Colend is a key platform within the Core DAO ecosystem, offering users the ability to utilize their Bitcoin for lending and borrowing assets. Operating without intermediaries, the system provides freedom of choice and asset protection. Deposits in $BTC can yield returns, offering new ways for users to earn.

With Colend, users can extract new benefits from their Bitcoin assets.CITE_W_A

Bitflux: Enhancing Bitcoin Liquidity

Bitflux enables users to conduct transactions with low fees and high security. Leveraging Bitcoin's network resilience, Bitflux enhances transaction accessibility and offers new opportunities for engagement with the top crypto asset.

Expanding Possibilities with Glyph Exchange

Glyph Exchange offers users cross-chain transaction capabilities, linking EVM liquidity with Bitcoin-based assets. This simplifies interaction and exchange between various token standards, significantly contributing to the expansion of DeFi and BTCFi opportunities.

Core DAO and its supporting platforms continue to redefine Bitcoin's role in the DeFi world. BTCFi expresses the ambition to make Bitcoin an integral part of decentralized finance, where it can be not only a store of value but an active financial instrument.

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