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DeFi liquidity enhancement

Aptos Integrates LayerZero’s WBTC-OFT Standard to Boost Bitcoin Liquidity in DeFi Ecosystem

Aptos blockchain has integrated LayerZero’s WBTC-OFT standard, enabling seamless cross-chain Bitcoin transfers to enhance liquidity and accessibility within its decentralized finance infrastructure. The solution introduces xBTC through LayerZero’s Omnichain Fungible Token protocol, consolidating liquidity pools for direct access to Aptos’… Read More »Aptos Integrates LayerZero’s WBTC-OFT Standard to Boost Bitcoin Liquidity in DeFi Ecosystem

Polkadot Community Debates Proposal to Convert Treasury DOT into Bitcoin-Backed tBTC

A proposal under discussion within the Polkadot community aims to convert 500,000 DOT tokens from the network’s Treasury into tBTC, a Bitcoin-backed asset. The plan involves utilizing Hydration’s automated Dollar-Cost Averaging (DCA) system to execute the conversion gradually. This method… Read More »Polkadot Community Debates Proposal to Convert Treasury DOT into Bitcoin-Backed tBTC