Dohyun Pak

Founder/CEO of @BTCFi l @Bifrost_Network l @BiFi_Lending l @Pockie_io
DeFi enthusiast and "pioneer." Opinions are my own.

[Nansen 🧭 @nansen_ai]

5/ And now BTCFi is expanding to @base!

- High speed
- Low cost
- Regulated rails

Bifrost is setting the stage for Bitcoin-powered DeFi at a global scale.

Read the full article here: https://t.co/0FzmlyOZ5z

[Nansen 🧭 @nansen_ai]

4/ Backed by major players:

- KDDI (telecom giant)
- OKX Japan, BitTrade, SBI Digital Finance
- Mirae Asset, Moin (Korea)
- AI Fusion BTC staking supply

Bifrost isn’t just infra, it’s institutional-grade DeFi

[Nansen 🧭 @nansen_ai]

3/ What powers this?

- Bitcoin Relaying Protocol: bridges BTC with EVM chains
- 3s block time, 1000+ TPS
- $0.007 avg txn cost
- Enterprise-ready and dev-friendly
- Already live and compliant in Japan and Korea

Fast, affordable, secure and built for scale.

[Nansen 🧭 @nansen_ai]

2/ At the core is BTCFi: a native-Bitcoin CDP system that lets you earn yield without selling your BTC.

- Mint BtcUSD using BTC as collateral
- Get fixed 5.5% APR loans
- Earn 2-3% APY in BTC
- 50% overcollateralized

A way to earn on Bitcoin while keeping your exposure

[Nansen 🧭 @nansen_ai]

In crypto, fragmentation is the enemy.

Every chain is its own island. Liquidity locked, ecosystems siloed, $BTC left on the sidelines.

@Bifrost_Network fixes that by connecting EVM chains and Bitcoin, powering a new primitive: native BTC-backed DeFi.

Here’s how 🧵👇

[Dohyun Pak @Bifrost001]

🚀 Bifrost. This is where it REALLY begins. 🔥 #BFC#DeFi #BTCFi#SBI Digital Finance

[JOJO @BifrostJOJO]

Teaming up with another SBI fam — BPJ. 🫡Catch us in Tokyo on Aug 25, talking the future of crypto in Japan & where asset management’s headed. Don’t sleep on this one. 🚀

[BIFROST @Bifrost_Network]

Beyond the impossible. Bifrost made it happen.

Introducing the partnership with SBI Digital Finance (SBI Holdings subsidiary) - we're creating a new institutional Bitcoin finance framework.

This is just the beginning. What if BTCFi becomes the new normal?

On Bifrost. #BFC

[BIFROST @Bifrost_Network]

BTCFI IS STEPPING INTO A BIGGER STAGE.
DON'T MISS WEDNESDAY'S MAJOR ANNOUNCEMENT.

[hyuckjae.base.eth 🛡️ @davidandpassion]

Had a practical simulation with the @Bifrost_Network team!

OGs in Bitcoin finance across Korea and Japan since 2018 — now bringing BTC-backed stablecoin BtcUSD to @base. We explored how cbBTC could become a powerful flywheel.

Shoutout to @biforst001 (CEO) — PhD in Financial Engineering from Michigan, derivatives expert in the US/Korea, and a professor of mathematical finance. Despite his seniority, his deep knowledge and passion for blockchain-based finance were truly inspiring. He and his team are Base-aligned to the core.

Bitcoin Finance is starting on @Base Chain.
Join the @Base Club.

[BIFROST @Bifrost_Network]

Bifrost has been introduced at the KDDI's panel session during FINSUM, as part of KDDI's initiatives for Web3! 👏

[BIFROST @Bifrost_Network]

Check the news! We are introducing the Yen-Dollar perpetual market on Base through @SynFuturesDefi🎉

Through BTCFi, borrow $BtcUSD by depositing Native Bitcoin, and use it to trade $JPY. 🇯🇵

This will be the first time $JPY <> $BtcUSD perpetuals are available on @base.

Provide liquidity to your Native Bitcoin through BTCFi, and trade $JPY through Synfutures.

Trade on: https://t.co/Ib2r25QRHK

[Bitcoin allday @Bitcoin_allday]

🔥 TOP PROJECTS IN THE BITCOIN ECOSYSTEM BY CATEGORY 🔥

Lending: @BiFi_lending
Restaking: @babylonlabs_io
CDP: @Bifrost_Network
DEXes: @THORChain
Farming: @AILayerXYZ
Restaked BTC: @Lombard_Finance
Payments: @btc_ln

Bitcoin isn’t just a store of value—it’s powering the next wave of decentralized innovation. 🚀

#Bitcoin $BTC #

[BIFROST @Bifrost_Network]

(6/6)
🚀 The result?

BTCFi is built to dominate Japan’s market:

• Bitcoin - focused🪙 — meeting the demand of Japan’s BTC-heavy investors.
• Regulation✅ — following Japan’s strict, government-driven rules.
• Strong ecosystem🔗 — backed by strategic partnerships ensuring long - term success.

Bifrost Network and BTCFi are not just entering Japan, we’re ready to lead. 🇯🇵🔥

[BIFROST @Bifrost_Network]

(5/6)
🏦 What would our previous strategic partnerships bring to Bifrost?

👉 @Japanopenchain0, @SlashWeb3 expand in the Japanese market and support Bifrost Network’s Japanese ecosystem sharing the same vision for financial innovation in Japan.
👉 @JCBA_org membership facilitates collaboration with key Web3 players in Japan.

Bifrost Network is deeply committed to the Japanese market.

[BIFROST @Bifrost_Network]

(4/6)
🇯🇵 Japan’s crypto market is led by the government, fostering long-term stability and growth.

With clear regulations and forward - thinking policies, the crypto market is expanding with Web3 projects and Web2 firms entering Web3 like @sbivc_official, @soneium, @Rakuten_Wallet, Japanese crypto exchanges.

[BIFROST @Bifrost_Network]

(3/6)
💰 No selling = No taxes.

With BTCFi, unlock liquidity without selling BTC and without triggering tax issues - all tailored to Japanese BTC holders.

1️⃣ BtcUSD: Provides liquidity for Bitcoin HODLers.
2️⃣ Passive Bitcoin yield with BtcUSD
3️⃣ Flexibility: Stake without lock up, unlike many competitors.

[BIFROST @Bifrost_Network]

(2/6)
✅ High taxes (55%!): As much as 55% income tax on crypto earnings!

✅ Bitcoin-centric investors (60%+) & World’s 2nd largest BTC holder: Over 60% of crypto investors in Japan hold BTC, and Japan also ranks as the second - largest market of BTC globally.

✅ Strict but clear regulations: Long-term business expansion is possible due to government - led regulations.

✅ Web2 companies embracing Web3: The growth of Web3 is driven by the entry of Web2 companies such as @sbivc_official, @soneium, @Rakuten_Wallet, Japanese crypto exchanges.

[BIFROST @Bifrost_Network]

(1/6)
🇯🇵 Japan’s crypto market is unlike any other.

✅ High taxes (55%!)
✅ World’s 2nd largest & Bitcoin-centric (60%+) market
✅ Strict but clear regulations
✅ Web2 companies embracing Web3

It’s a challenging yet rewarding landscape for Web3 players.
So why does Bifrost Network and BTCFi fit this market perfectly?
Let’s break it down.👇

[BIFROST @Bifrost_Network]

Bifrost is going to showcase BTCFi's Native Bitcoin support at WebX2024.

Now that BTCFi is stepping into the native Bitcoin ecosystem, stay tuned for its exciting growth! 🙌

Read more: https://t.co/RjEYIWCy3I