Welcome to SatFamDaily - your daily dose of @SatLayer ecosystem updates!
We're an unofficial account providing daily updates on the SatLayer ecosystem
Our mission is to keep the community informed about the latest developments related to SatLayer ecosystem
gSatFam๐
The BTC DeFi flywheel is spinning on @berachain with @SolvProtocol.
โ Deposit SolvBTC.BERA on SatLayer
โ Deposit satSolvBTC.BERA on @InfraredFinance
โ Earn BTC yields
$30M TVL and counting.
What's BTCFi?
BTCFi = Bitcoin Decentralized Finance.
BTCFi aims to unlock Bitcoinโs idle liquidity (over $2T market cap, mostly held passively) and make it productive in financial use cases โ while leveraging Bitcoinโs unmatched security, neutrality, and scarcity.
A new role for Bitcoin in RWA: increasing liquidity, faster
SatLayer unlocks a BTC-secured backstop for @NestCredit by @plumenetwork, providing faster stablecoin redemptions for RWA yield and best-in-class exits, backed by Bitcoin.
SatLayer is live on @base ๐ต
The Bitcoin economy is now based.
With this launch, SatLayer brings its BTC Vaults to Base โ adding Bitcoin liquidity and security to power the next wave of apps and services.
https://t.co/euigfLKnRq
SatLayer and @plumenetwork are teaming up to build a Bitcoin-backed verification network for SkyLink (powered by @LayerZero_Core).
This adds BTC-collateralized, slashing-secured verifiers to SkyLinkโs system โ broadening its validator set and giving Bitcoin restakers a new role in shared security.
Liquid staking spells. Restaking rituals. Triple-yield potions.
With Cube by SatLayer, you can brew yield like magic ๐ช
Stake BABY and earn 18%+ APY โจ
Ecosystem Spotlight Alert... Introducing SatLayer, who joined the BOB ecosystem in June this year.
@satlayer lets you restake your Bitcoin LSTs to earn an extra layer of Bitcoin yield for providing security to dapps.
Learn more: https://t.co/89CzNNTxP9