Threshold Network announced the commencement of tBTC deposits on EigenLayer, opening up new earning opportunities amid rising Bitcoin demand.
Launch of tBTC on EigenLayer
Threshold Network, the DAO behind tBTC, announced that EigenLayer has officially started accepting tBTC deposits, making tBTC the first incentivized Bitcoin asset on EigenLayer.
Integration and User Incentives
Threshold is offering up to $45K in T tokens over the first 3 months for new users who deposit tBTC into EigenLayer. This integration allows users to maximize capital efficiency by securing protocols through restaking.
Impact on BitcoinFi Ecosystem
The emergence of tBTC on EigenLayer marks a significant step forward in the development of the BitcoinFi ecosystem, showcasing the power of Bitcoin staking and the potential of tBTC to connect the Bitcoin and Ethereum ecosystems.
The launch of tBTC on EigenLayer opens up new prospects for users and strengthens Bitcoin's role in decentralized financial ecosystems.
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