
The Bitcoin DeFi sector is witnessing significant growth and integration across platforms. B² Network has achieved a total value locked (TVL) of $667 million, positioning itself as a leading Bitcoin Layer2 platform. It leverages zero-knowledge proof verification and provides Layer solutions for Bitcoin Rollups. In a notable development, Bitcoin DeFi app Sovryn is expanding its footprint by integrating with Ethereum, facilitated by a partnership with BOB (Build on Bitcoin). This integration aims to bring Ethereum's liquidity and user base to the Bitcoin ecosystem. Sovryn, which initially launched on the Ethereum Virtual Machine, is focused on offering DeFi use cases popular on Ethereum to a Bitcoin-centric audience. The Early Adopter Incentive Program by B² Network is still ongoing, offering users a chance to earn rewards from a 5% token supply.
"@SovrynBTC originally launched on the Ethereum Virtual Machine and focuses on providing many of the DeFi use cases popular on @ethereum to a Bitcoin-focused user base." Full story below: 🧵👇 https://t.co/Zz4XSKR8uz https://t.co/187oNZ0mG0
🔥 Fundamentals don't lie. @Base TVL is currently at $1.33B on @l2beat and continuing to make new ATHs. 📈 We're still extremely early, keep building; stay Based 🔵 https://t.co/EscKqu5rzy
Bitcoin DeFi app @SovrynBTC is integrating with a yet-to-launch Bitcoin L2 network, BOB (@build_on_bob) in an effort to attract liquidity from @Ethereum. ✍️ by @kyletorpey 🗞 Read more: https://t.co/uAgM0UzlId


