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What Is Bitcoin DeFi? Beginner’s Guide To BTC DeFi Ecosystem!


Bitcoin and DeFi, can the two merge together? Let’s explore the Bitcoin DeFi ecosystem and the sidechains that offer smart contract functionalities on the blockchain!

Links Mentioned
Bitcoin DeFi Article: https://www.coingecko.com/buzz/dive-into-the-bitcoin-defi-ecosystem
City Coin: https://www.citycoins.co/
Wrapped Bitcoin: https://wbtc.network/

Timestamps
00:00 Intro
00:53 The Bitcoin blockchain
01:10 Smart contracts- Bitcoin sidechains
01:46 The Bitcoin DeFi ecosystem
02:26 Innovative DeFi projects and TVL
03:40 BTC in-comparison to ETH DeFi
03:33 WBTC- Bridging BTC to ETH chain
04:15 Final thoughts

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#BTC #Bitcoin #DeFi

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