On May 25th, the Snapshot page revealed that the Aave community has voted to approve the ARFC proposal to "introduce tBTC into the Aave V3 protocol on Ethereum". It is reported that tBTC is a digital asset based on the Threshold Network and pegged one-to-one to Bitcoin. Through the tBTC bridge, Bitcoin holders can participate in the DeFi application of Ethereum. This will provide Aave users with the only packaged Bitcoin, enabling a fully decentralized and permissionless lending experience.
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