Tons of Bitcoin are just sitting there doing nothing. But here's a move some folks are making to squeeze yield out of idle BTC.
The playbook goes like this: lock up your Bitcoin as collateral, mint stablecoins backed by that BTC, bridge those stables over to wherever the returns are juicy, then throw them into DeFi liquidity pools.
What's the upside? The numbers stack up pretty nicely—around 7% from issuer rewards, another 10% from LP incentives plus trading fees, and an extra 5% on top. Not bad for coins that would otherwise collect dust.
Sure, there's always risk when you're levering up and moving across chains. But for holders sitting on BTC long-term, this kind of setup lets you stay exposed to your Bitcoin while farming yield on the side. Just another way the DeFi toolbox keeps expanding.
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Tons of Bitcoin are just sitting there doing nothing. But here's a move some folks are making to squeeze yield out of idle BTC.
The playbook goes like this: lock up your Bitcoin as collateral, mint stablecoins backed by that BTC, bridge those stables over to wherever the returns are juicy, then throw them into DeFi liquidity pools.
What's the upside? The numbers stack up pretty nicely—around 7% from issuer rewards, another 10% from LP incentives plus trading fees, and an extra 5% on top. Not bad for coins that would otherwise collect dust.
Sure, there's always risk when you're levering up and moving across chains. But for holders sitting on BTC long-term, this kind of setup lets you stay exposed to your Bitcoin while farming yield on the side. Just another way the DeFi toolbox keeps expanding.