Yield for Bitcoin Holders

Currently, holders of Bitcoin (BTC), Wrapped Bitcoin (WBTC), and Binance BTC (BTCB) find themselves with limited avenues to generate yield from their holdings on-chain. This situation contributes to suboptimal capital utilization within the existing DeFi ecosystem. To address this gap, an innovative mechanism has been introduced: the BTC mirror mechanism. This novel approach allows Bitcoin holders to diversify their income generation strategies across various platforms.

BTC Mirror Mechanism

The BTC mirror mechanism is designed to reflect Bitcoin assets within the blockchain ecosystem, enabling these assets to participate more actively in both decentralized and centralized financial systems. By employing this mechanism, Bitcoin holders can now engage in income-generating activities through Proof of Stake (PoS) systems within DeFi, as well as through traditional CeFi avenues, without having to move their assets off-chain.

Multi-Faceted Yield Generation

This approach unlocks new possibilities for Bitcoin holders to earn yield, effectively bridging the gap between on-chain and off-chain financial activities. Through the mirror mechanism, Bitcoin assets can be leveraged in various liquidity pools, lending platforms, and other DeFi applications, while also taking advantage of arbitrage and lending opportunities in the CeFi domain. This multi-faceted approach to yield generation aims to enhance capital utilization and provide Bitcoin holders with more diversified and robust income streams.