Making #Bitcoin Smart. The New Bitcoin-Backed Bretton Woods System. A completely decentralized clearing network service for Native BTC DeFi. @elastosinfo
Sash and Sunny sat down to talk about BeL2s purpose, our loan app, and the potential to power a new era of Bitcoin-backed Stablecoins using the @ElastosInfo SmartWeb.
Full interview here: https://t.co/ucuGxJQQNw
Bitcoin's power is undeniable. It changed the game.
At Elastos, we are all about enhancing it. We give BTC holders the tools to unlock more value.
DeFi for Native Bitcoin - BTCFi is here!
Stay tuned...
This 👇 gentleman is developing a utility, @Be_Layer2, that facilitates the issuance of stablecoins on the Bitcoin mainnet; the transaction fee is payable only in $ELA @ElastosInfo.
Blockchain nails immutability and proof-of-ownership, but that’s only the foundation.
Elastos goes further by powering a smart economy and the internet of value, offering simple, secure ways to control and grow your digital assets by leveraging the most secure blockchain, $BTC.
I like the fact that one of my favourite Projects in $ORAI @oraichain and their #AIAgent@BlackRack_AI understand the Value of @ElastosInfo and their #BTCFi Product @Be_Layer2
It is unfortunate that BlackRack cannot invest outside of the ORAI Ecosystem, If he could he would!
We will soon connect BTC arbiter payments to BeL2, meaning that arbiter nodes supporting the protocol can stake $ELA and earn BTC.
The goal is to finalize this infrastructure and then provide SDKs to support the birth of a wide range of Native BTC-backed services across popular networks, from swaps and lending to stablecoins.
We are very excited about the future of the @ElastosInfo ecosystem! If you haven't yet, take a look at this recent announcement: https://t.co/7N9Gfb6Qng
As Bitcoin adoption grows, BeL2 grows stronger with proving toolsets to facilitate the next step of “how can I unlock this growing reserve asset value in a meaningful way without selling?”
Elastos is please to share its DAO the @Cyber__Republic has signed a $20mill investment deal with @rollman_group, with a goal to accelerate its smart technologies and $ELA ecosystem, including our Bitcoin and BTCFI toolsets!
$ELA community has been in the trenches holding strong in our conviction for years. Not all made it... but make no mistake, we are a strong united community. It's never been a better time to take a position in Elastos with the price still low. Welcome frens 🤝
Elastos secures a $20M investment from Rollman Management!
This significant funding from @rollman_group will accelerate positioning $ELA as Bitcoin's merged-mined reserve asset and Elastos as BTCFi pioneer & Web3 creator economy leader.
📖 https://t.co/i0eRG1tgGm
🚀 BREAKING: Elastos Secures $20M Investment from Rollman Management!
Elastos joins the ranks of Ethereum, Solana & Ripple as a top 5 investment for Rollman Management Digital! This game-changing funding will accelerate:
🔹 BeL2 – Bitcoin’s Native DeFi (Launching Q2 2024)
🔹 ELA as Bitcoin’s Merge-Mined Reserve Asset
🔹 Elacity – Web3’s Creator Economy
With Bitcoin’s market cap surpassing $2T, Elastos is unlocking Bitcoin-native finance while empowering Web3 creators. The future is decentralized. The future is Elastos.
#Bitcoin #DeFi #Web3 #Elastos $ELA $BTC @rollman_group $SOL $XRP $ETH #Solana #Ripple #Etherem
The odds of a US BTC Strategic Reserve are soaring under Trump's pro-crypto government. This adoption highlights the need for decentralized frameworks enabling financial applications like lending or asset-backed issuance without selling BTC or relying on custodians.
BeL2, using merged-mined ELA arbiters, is building the framework to unlock this potential.
Today, @coinbase announced Bitcoin lending, and over time we hope they will incorporate BeL2's Native Bitcoin Lending framework to tackle the wrapped BTC concern and advance the whole space as leaders.
The next question for many who get Bitcoin is now what? I don't want to sell it, but what can I do with it?
Unlocking its value securely is a multi-trillion $ challenge. Previous lending platforms like Celsius Network and BlockFi let you take $ loans against your Bitcoin as collateral. But these services overleveraged users deposited BTC, invested badly and blew up, representing the very centralized banking problem BTC is trying to fix.
Alternatively, we began seeing lending services on smart contracts, a great step forward, however, Bitcoin isn't like Ethereum with deeper programming logic, it's very simple. So, users need to send their BTC to a centralized custodians wallet on Bitcoin, who then mints a new BTC asset on Ethereum, Wrapped BTC (WBTC), which can then be used in these lending services, presenting a huge custodian risk, waiting to unfold.
So we need to keep advancing innovation into decentralized, non-custodial solutions. The formula to avoid wrapping Bitcoin whilst interacting with smart contracts is found in our latest @ElastosInfo SmartWeb update, and it's in motion, you can read here: https://t.co/uiT9U3XKKv
BeL2 Arbiter Nodes are now integrated into BeL2 Lending dApp 🚀
We're not stopping here; we're also introducing one-click deployment for the Arbiter Nodes 👩🏻💻
Borrow with Native BTC, earn fees as an Arbiter, & fuel the unstoppable #BTCFi narrative 🔥
🔗https://t.co/vbOmXBkrio