Bitcoin is no longer only passively stored value. BTCFI is a new product from Sui network that transforms Bitcoin into Defi Active Capital. Users can exchange complex tactics, use, borrow or compile. Such a transition offers new opportunities of extra yield for the long -term Bitcoin stashers. According to the Chainlink news, the activity on the Bitcoin network will probably expand by 15 percent.
Programming Relocation current
Move eliminates these errors through the safe property of digital assets. A study conducted by the cyber security journal in 2022 confirmed the reduced exploitation risks. The developers have the ability to develop safer lending and trade protocol from BTCFI. BTCFI blooms when accompanied by Sui Deepbook, a decentralized order book. DeepBook is a liquidity pool that consolidates the liquidity of various Defi protocols in real time. This removes the Polish from fragments in other blockchain environments. Sui has benchmark figures of 120,000 transactions per second. The low costs and immediate implementation offer an optimal environment for BTCFI for acting.
Comparison of Sui and Ethereum Defi
Ethereum pioneered Defi with Uniswap, Aave and composite protocols. Gas costs and network congestion often limit smaller Defi participants. The parallel version of Sui offers faster and cheaper transactions. The centralized delivery book style of Deepbook is unique compared to the AMMs of Ethereum. However, Ethereum still leads in Defi -Adoption and TVDDIrinance. BTCFI can remove Bitcoin -Liquidity from Ethereum -Protocols.
Future of BTCFI
Sui BTCFI has connected Bitcoin to an active Defi environment. The importance of institution increases when BTC has potential in the real world. More tactics for borrowing, deploying and derivatives are in the work of developers. BTCFI presents Bitcoin as a store and a source of value.
