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A few days ago, while talking about Blockchain, @build_on_bob was often mentioned, feeling like a red thread connecting Bitcoin and Decentralized Finance.
Bitcoin, this "digital gold," is secure as can be, but smart contracts are not able to keep up, and in the DeFi space, it lags a bit. BOB's Hybrid L2 protocol is like a cross-border planner, combining Bitcoin's security with Ethereum's innovation. Using BitVM2 technology, BTC can directly engage in DeFi without needing to "dress up" as wBTC, and it can also connect with other chains like Solana and Sui.
Recently, BOB raised $21 million in funding, and names like Castle Island and Amber Group sound really hardcore. TVS has also reached $214 million. The community event "BOB Snappers" has been quite lively, indicating that everyone is really invested in this matter. In the future, BTC can run freely in Decentralized Finance, safely without compromise. Isn't this just a new way of on-chain finance?
This story of BOB seems to add some trendy sparks to the "old school" of Bitcoin.
#BuildOnBOB Bitcoin
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