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DefiDollar & Badger DAO present — The “DeFi Benchmark” Bitcoin Interest Rate

Interest bearing tokenized Bitcoin (ibBTC)

What is ibBTC ?

How does it work ?

  1. User Deposits Tokenized BTC into any of the following Curve Pools — renBTC, sBTC, tBTC
  2. The Curve LP tokens are deposited to the Badger Setts for Bitcoin yield
  3. The Badger Sett LP tokens are deposited to DefiDollar to obtain ibBTC
  • Curve trading fee
  • Farmed CRV
  • Farmed Badger

The Role of DefiDollar

ibBTC will be composable and multichain!

When ibBTC?

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