Earn Bitcoin by borrowing against Bitcoin Phase 2 of the xBTC Growth Initiative is now live, with rewards doubled to over $140,000 per month—in collaboration with @okx and @global_dollar To further encourage growth, the xBTC LTV has been raised to 80% Details⤵️

To encourage the adoption of xBTC in DeFi, Kamino rewards stablecoin borrows against xBTC: - NEW: Borrow USDC against xBTC, and earn over $70K xBTC per month - Borrow USDG against xBTC, and earn over $70K USDG per month The more you borrow, the more you earn

For an overview on how to earn and maximize rewards, read the Phase 1 introduction: