BIMA
@BimaBTC
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Borrow against your Bitcoin. Earn yield on USBD. Backed by @portalventures and more.
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Joined May 2024
You've found Mainnet Alpha πͺ Mint BTC-backed $USBD, earn yield, and keep your Bitcoin. Letβs explore what lies ahead π§΅
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I spent time in Japan and South Korea recently, and it became clear that most of the real whales out there are not touching DeFi at all. They are looking for insurance to underwrite the simple action of bringing assets onchain. DeFi as we know it is not the answer. It is a
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Read the full article by @beincrypto here:
beincrypto.com
DeFi suffered a $220 million blow as Balancer and Stream Finance exploits exposed deep flaws in smart contract composability.
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Traditional finance spent a century learning how to price risk and settle safely. DeFi will compress that into years, with code doing what regulation never could. @thesidsridhar on why on-chain finance will industrialise risk management faster than Wall Street ever did.
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DeFi found yield. BTCFi will find scale. The foundation is set, the next wave is Bitcoin-backed π
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From nine pages to a global network. 17years later, we celebrate the origin - and the mission to make Bitcoin productive. Happy Bitcoin Whitepaper Day π§‘
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Join our Discord to get started:
discord.com
Hold Bitcoin. Earn Across Every Chain.Bitcoin-backed Stablecoin for Universal Yield | 26462 members
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The blade has been raised π Your quest: Clear Missions, bank XP, climb the leaderboard and win from a prize pool of $500! Enter the Arenas! βοΈ
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Let your Bitcoin work while you hold it π Over-collateralised, derivative-hedged, yield-accruing - the new standard for sound money.
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π Learn more:
docs.bima.money
Make your BTC productive with the risk-reward profile that is right for you.
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Vaults that earn. Bitcoin that works. Mint USBD, earn yield, stay fully collateralized π
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