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The Growing Defi Market on Bitcoin: What’s Yielding Already?
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cryptonews.comThe burgeoning decentralized finance (DeFi) market is evolving beyond Ethereum (ETH) and onto other chains. What may be surprising to hear for some: Bitcoin (BTC) is one of them.
Read on the learn more about the growing Bitcoin DeFi ecosystem and what kind of yields you can expect to earn on your BTC holdings.
Powered by Bitcoin Layer 2 (L2) smart contract protocols, such as RootStock (RSK) or Stacks, and secured by Bitcoin, Bitcoin-native DeFi apps are emerging with the aim to provide next-generation financial services built on Bitcoin.
While the Bitcoin-native DeFi market is still small compared to what’s available on Ethereum, Binance Smart Chain, and other popular DeFi destinations, the market for decentralized Bitcoin-native yielding
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