Numbers prove the adoption.
E.g. @satlayer, which builds the economic layer for Bitcoin, making the best asset now fully programmable.
"What do you mean, programmable?"
I mean, @satlayer enables Bitcoin to be integrated into DeFi on @ethereum, @SuiNetwork or @berachain, stablecoins, RWA, on liquidity and/or security fronts.
"Though, what about numbers?"
- 3,447 BTC (~$408M) as of July 21.
- 405,658 restakers.
One reason for these impressive numbers is BTC-backed insurance and principal protection, akin to a "Bitcoin Berkshire Hathaway."
This involves on-chain insurance funds backed by yield-bearing/restaked $BTC, offering real yield from day one through insurance premiums and claim payouts via @satlayer's fully programmable slashing.
Currently, @satlayer workes with Nexus Mutual and Relm to provide principal-protected $BTC yield products for institutions, exchange staking arms, ETF/ETP issuers, and $BTC treasury companies.
The opportunity is real. The upside is real. A future beyond billions is not a dream but an impending reality.
"How do I get in?"
Here's a 5-in-1 strategy:
- Deposit your Bitcoin on @babylonlabs_io
- Choose your LST provider (e.g. @Lombard_Finance, @SolvProtocol, @Bedrock_DeFi) and start earning Bitcoin rewards in $BABY (plus additional tokens and rewards from partner Bitcoin LST issuers)
- Restake your BTC LST on @satLayer to earn Sats²
- Liquid stake $BABY on Cube for 18.7% APY (dynamic!)
- LP cBABY/BABY on @Tower to earn 2x Tower Points + 2x Sats²
Easy as it is.
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