🟧 Since Babylon went live recently, the BTCFi sector has started to stir again, and many projects that were popular a while ago have also gradually issued their tokens, $B2 being no exception. Many projects are still in the "storytelling" phase, with flashy pages and full token models, but the products are still under development. @BSquaredNetwork The B2 project has had quite a bit of controversy before, such as: The project has been slow to start mining and TGE The asset prices of blockheads and mining machines are disappointing But from the product structure perspective, it is also one of the few BTCFi projects that "truly have something landed": 1️⃣ On one side is the global Top10 mining pool business, with real computing power and off-chain income 2️⃣ On the other side is the BTCFi product, aiming to open up the on-chain value-added channel for BTC assets 3️⃣ FDV is not high, and according to tokenomics (10% reserved for listing incentives), it also indicates a plan for subsequent listing actions It's not the kind of project that excels at storytelling, but some details are indeed solid. It's too early to talk about success or failure, and how it progresses later still depends on the synchronization rhythm of the product and community. ♦️ Is there anyone else looking at BTCFi recently? If you find any projects that are "not mainstream but interesting," leave a comment and I'll dig into it 👀