Nubit founder Yu Feng tweeted that many protocols in the current BTCFi ecosystem forge lock positions through offline pre-signed transactions, which does not actually lock bitcoins on the mainnet, but gives the illusion of "looking locked". Users can submit multiple pre-signed transactions with the same UTXO for multiple protocols to count as TVL, but in reality the bitcoins are not really locked anywhere at all. This operation has led to a false inflation of TVL...
On June 22nd, Master Protocol, a one-stop BTCFi platform, announced the official launch of Master Yield Market, a BTC LSDFi product. The product aims to integrate all profitable assets in the Bitcoin ecosystem, package and segment them into MPT and MYT, and users can directly participate in MPT and MYT through LSD, USDT, ETH or WBTC.
Core is an Ethereum-compatible Layer-1 blockchain project whose security setup relies on Bitcoin. According to the team, "The BTCfi Summer Hackathon, a 12-week event designed to spark innovation in the Bitcoin economy, is being launched. The hackathon kicked off on June 6 and the winners will be announced on August 19."
Core是一个与以太坊兼容的Layer-1区块链项目,其安全设置依赖于比特币。据该团队介绍,“正在启动BTCfi夏季黑客马拉松,这是一项为期12周的活动,旨在激发比特币经济的创新。黑客马拉松于6月6日启动,获奖者将于8月19日公布。”
Od据官方消息,Bifrost 基金会宣布与 Stacks 达成合作,Stacks 网络预计今年将进行升级,启用与比特币 1:1 锚定的非托管资产 sBTC,sBTC 将作为 BTCFi 服务的抵押品,并且支持在 Stacks 生态系统中使用 BtcUSD(BtcUSD 是 Bifrost 拟推出原生比特币质押服务 BTCFi 的超额抵押稳定币)。