DLC.Link harnesses the power of Discreet Log Contracts (DLCs) to establish a theft-proof bridge between Bitcoin and Ethereum. In 2024, DLC.Link launched dlcBTC, enabling depositors to self-wrap their Bitcoin for DeFi on Ethereum while retaining full custody of their assets. This innovation transforms Bitcoin's role in DeFi, empowering depositors to engage in trading, lending, and hedging while maintaining self-sovereignty. For more details, visit www.dlc.link
* We're the world's first protocol to launch native Bitcoin staking! Native BTC can be self-wrapped into dlcBTC, which is then placed into a vault on Enzyme. Nektar is used to turn it into rstBTC, which can be used elsewhere while earning a yield.
* The AAVE Chan Initiative (ACI) is helping us list dlcBTC on AAVE. Chainlink is building a price feed oracle for it.
* Curve has built an ngoracle for it. So, dlcBTC is collateral in Curve Lend and crvUSD.
We're live on ARB & ETH, and within weeks are launching to OP, Base, XRPL and some other chains. We're in active discussions w/ Swell, Symbiotic and other staking providers.
Current dlcBTC merchants we're onboarding:
Amber Group, Time Research, IMC, Contribution Capital, Spiderpool, Psalion, Keyrock, Nascent, Hashnote, Hashkey OTC, Hyperithm, etc.
Some others who have indicated verbal interest: Cobo, FalconX, Matrixport, Bullish, QCP, LTP, Galaxy, etc.
Advantages of dlcBTC over wBTC:
* Self-wrapping — maintain self-custody. Your keys, your Bitcoin. No bridging required
* You can mint from any custodian that supports Taproot. Including Ledger
* 25% Cheaper mint/burn fees
* Faster mint/burn. 3-10X faster than wBTC
* Earn up to 5X points to future $DLC token
Refresher on us:
https://blockworks.co/news/building-better-wrapped-bitcoin-for-defi
We'd love to have a meeting with any of you.
Feel free to grab 30m here: