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Playing the Bitcoin ecosystem, I only follow one ironclad rule: assets must never leave the layer-one mainnet.
The previous approach of wrapping Bitcoin into WBTC and using cross-chain bridges to do DeFi on Ethereum not only incurred high wear and tear but also required constant vigilance against hackers targeting the bridges, making profits a constant source of anxiety.
Now, @opnetbtc has completely solved this problem by paying Gas fees directly in native BTC at the protocol layer.
Here are the two latest major updates:
First, the core token $PILL of @orangepillonbtc has officially finished minting!
The mechanism was executed decisively, and all remaining supply that wasn't minted in the minting factory has been permanently burned.
The current token structure is extremely clean and streamlined.
Second, how to generate yields with these tokens?
The yield farming (Yield Farming) for the native DEX @Motoswap on Bitcoin Layer 1 is now officially live!
No cross-chain, no wrapping needed—your Bitcoin and tokens are securely stored in the mainnet wallet.
You can now trade directly on Motoswap or provide liquidity (LP) to earn more $PILL rewards.
A colossal market cap of 1.3 trillion, native DeFi, finally from zero to one breakthrough.
The era of earning yield directly on Bitcoin’s main chain has truly arrived. This early phase of no-cross-chain mining, those who understand, understand. 👇