I think it's a great time to dive into Bitcoin-related DeFi protocols, infrastructure (@Lombard_Finance) Why? Bitcoin hit $120k this week Let's look on-chain: > Lombard reached 267k unique holders (ATH) > Current Lombard BTC Holders Count is 54k > Around $1.6b TVL in $BTC (>2b at ATH) Lombard changes Bitcoin from an idle asset to a utility asset by integrating it into the DeFi ecosystem It raised $16M from Polychain Capital and others + $1M from YZi Labs (prev. Binance Labs) They've been building: 1/ Activate liquidity (done): integrating bitcoin into DeFi protocols like Aave, Eigen Layer, and others 2/ Bitcoin Capital Markets (building): cross-chain BTC, middleware suite, DeFi app store, SDK for developers, institutional products 3/ Bitcoin Economy (in queue): base layer for permissionless innovation, like plug and play infrastructure, it unlocks a trillion-dollar opportunity What do you think about it? Do I need to tweet more about Bitcoin innovations?
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