BadgerDAO is excited to launch on Polygon to accelerate the adoption and utility of Bitcoin on its network. With BadgerDAO’s mission to bring BTC to DeFi, the BadgerDAO team wanted to make it as easy as possible for users to put their Bitcoin to work where there is utility.
Polygon has seen explosive growth in the last few months with over $10B in the total value of assets locked and $1.3B worth of BTC already being utilized in protocols like Aave and Sushiswap. This clearly shows demand for BTC and together with Polygon, we can help grow that footprint substantially.
To start, the BadgerDAO team plans on accomplishing three main things:
- Bringing a yield-bearing version of Bitcoin to Polygon
- Incentivizing and making it easy for users to bridge BTC to Polygon
- Creating unique strategies to optimize yield for BTC on Polygon
BadgerDAO will be bringing ibBTC to Polygon and creating deep liquidity. In collaboration with Sushiswap with an ibBTC/WBTC pool that is incentivized with SUSHI and MATIC rewards on June 7th 2021. Today the similar pool on Ethereum has $51M in liquidity making it a top 10 pool on Sushiswap by TVL. We anticipate similar liquidity to flow to Polygon through this joint initiative.
With fragmented representations of BTC across chains (e.g. BTCB on BSC, WBTC on Polygon etc.) the intention is to make ibBTC the most liquid and composable BTC on all chains. Users can move between chains without having to go through all the hassle to convert between different flavours of Bitcoin. All while still earning interest on their Bitcoin by simply holding.
Polygon is ibBTC’s first stop cross-chain and with its simple to understand value proposition, we’re excited to see its utility grow on Polygon.
의 출시와 함께 Badger bridge on Ethereum BadgerDAO has seen over $180M in volume since its launch 30 days ago. The team will make Polygon the first new chain to be added to the bridge and make the bridge the preferred path for any user that wants to put their BTC to work on Polygon.
Badger’s most popular bridge feature, mint and earn, where users can go from native BTC into a yield earning position with 1 click will be activated on Polygon as well.
BadgerDAO will also launch an additional bridge mining program with Polygon where users will earn MATIC for bridging Bitcoin with Badger. Specifics will be outlined prior to launch and announced to the community.
The bridge will go live in the next 45 – 60 days.
Finally, BadgerDAO will be working to launch Sett vaults to give users access to unique strategies for optimizing yield on their BTC.
As more protocols launch on Polygon and capture value the need for optimizing their yield will increase. This is the perfect time to bring BadgerDAO’s Sett Vaults to Polygon and expand our footprint as the trusted place to put your BTC to work regardless of the chain. The team intends to launch vaults as the final phase to this partnership with no definite timeframe for a go live date determined yet.
Polygon은 Ethereum 확장 및 인프라 개발을위한 잘 구조화되고 사용하기 쉬운 최초의 플랫폼입니다. 핵심 구성 요소는 유연성과 독립성을 위해 설계된 Plasma, Optimistic Rollups, zkRollups, Validium 등과 같은 보안 체인과 Polygon POS와 같은 독립형 체인을 구축하고 연결하는 것을 지원하는 모듈 식의 유연한 프레임 워크 인 Polygon SDK입니다. Polygon의 확장 솔루션은 350 개 이상의 Dapp, ~ 121M txns 및 ~ 1M + 고유 사용자로 널리 채택되었습니다.
Ethereum 개발자라면 이미 Polygon 개발자입니다! Dapp에 Polygon의 빠르고 안전한 txns를 활용하고 시작하세요 여기에서 지금 확인해 보세요..
There are many ways to engage with the 오소리 DAO community and educate oneself on the use of the Badger DAO protocol. Connect with us in the 포럼일, 디스코드 과 트위터.
➡ 전보에 연결
*Badger tokens are a means by which users may utilize and govern the protocol. Badger DAO does not recommend purchasing Badger for speculative investment purposes. Badger tokens may lose value or have no value and may have no market. Note that if applicable law does not allow all or any part of the above limitation of liability to apply to you, the limitations will apply to you only to the maximum extent permitted by applicable law.*
코인 스마트. 유로파 최고의 비트 코인-보르 스
Source: https://blog.polygon.technology/badgerdao-and-polygon-bring-bitcoin-to-polygon-c937fa55fd38?source=rss——-8—————–cryptocurrency
