These days, I wonder if the BTC-Fi trend is really coming...
Not only $KATANA and Lombard's $LBTC, but many BTC-FI projects are making me think about operating Bitcoin. Many people hope that good projects that can still operate will emerge, but the real problem is that there aren't any trustworthy projects yet.
Then I came across a project called Hemi.
Let's take a look.
EVM compatible, so Ethereum dApps can be integrated.
= You can use BTC like Ethereum.
hVM: Executes smart contracts based on BTC.
Tunnel: Directly connects BTC to EVM dApps (Trustless).
No need for Wrapped.
Maintains both security and decentralization.
Current TVL is $1.05B.
What you can do now:
Provide liquidity for hemiBTC.
Participate in pools on Sushi, Oku, DODO, etc.
Hemi Points season ongoing → Up to 8x boost.
Tokens/rewards planned after TGE.
There are various attempts in BTC FI.
Hemi and Katana are among the many new technologies (hVM, Tunnel) challenging BTC FI.
However, the security audit status is still uncertain, and while everyone aims to consolidate liquidity, the risk of liquidity being dispersed increases as more projects emerge, undermining growth potential.
Right now, BTC-Fi feels like the early DeFi days of Ethereum.
Among them, Hemi is an attempt to open the 'real BTC programmable era.'
Not just wrapped, but a new structure with VM + Tunnel.
If you're serious about Bitcoin,
I think Hemi is worth considering as a point of interest.
Show original
5.41K
6
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.