The dilemma of increasing value for Bitcoin holders, how to break through?
Idle BTC is indeed a waste. Currently, the BTCFi track is in a window period, and it’s worth considering revitalizing Bitcoin assets.
One approach is to participate in liquidity mining. By depositing BTC into the protocol, you can earn two layers of returns: first, the basic yield return, which is passive income; second, the accumulation of ecosystem governance tokens, which may have appreciation potential in the future.
Staking another native token can unlock more rights. Simply put, it’s exchanging your holdings for higher yield weights and ecosystem participation rights.
The logic of the BTCFi track is to make Bitcoin no longer just a dead asset, but an asset that can flow and generate income within the DeFi ecosystem. Risks and returns need to be assessed by yourself, but this indeed opens up new possibilities for holders.
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NestedFox
· 01-11 20:59
Wait, just toss BTC into mining and you can earn passively? Sounds great, but who will cover the risks of these protocols?
Honestly, no matter how tempting the APY of liquidity mining is, I have to think carefully, after all, aren't we all too familiar with contract bugs and rug pulls?
BTCFi is indeed at the forefront, but I want to see clearly how much those governance tokens are really worth before making any judgments.
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GasGuru
· 01-11 20:59
Idle BTC indeed isn't very meaningful, but when dealing with BTCFi, you also need to clearly understand the risks.
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MysteryBoxAddict
· 01-11 20:55
I've been holding my BTC for over a year now, and hearing you say that does make me a bit anxious... But is liquidity mining really reliable? Why are the risks so high?
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quietly_staking
· 01-11 20:46
Holding BTC and sleeping peacefully is indeed boring, but are these DeFi schemes really reliable?
The dilemma of increasing value for Bitcoin holders, how to break through?
Idle BTC is indeed a waste. Currently, the BTCFi track is in a window period, and it’s worth considering revitalizing Bitcoin assets.
One approach is to participate in liquidity mining. By depositing BTC into the protocol, you can earn two layers of returns: first, the basic yield return, which is passive income; second, the accumulation of ecosystem governance tokens, which may have appreciation potential in the future.
Staking another native token can unlock more rights. Simply put, it’s exchanging your holdings for higher yield weights and ecosystem participation rights.
The logic of the BTCFi track is to make Bitcoin no longer just a dead asset, but an asset that can flow and generate income within the DeFi ecosystem. Risks and returns need to be assessed by yourself, but this indeed opens up new possibilities for holders.