BadgerDAO partners with Lido to launch synthetic Bitcoin token eBTC
PANews reported on March 26 that according to The Block, the decentralized autonomous organization BadgerDAO cooperated with the liquidity staking platform Lido to launch eBTC, a synthetic Bitcoin token backed by stETH. The token allows users to borrow synthetic Bitcoin and get paid without upfront fees or interest. eBTC was launched to provide a more capital-efficient way to borrow Bitcoin. Additionally, Lido’s Liquidity Observation Lab will provide early adopters with an additional bonus of 15 stETH worth $55,000, distributed via airdrop at the end of the one-month incentive period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD: Data risks support Dollar gains – ING
USD/JPY: Intervention threat caps upside – MUFG
Blank check company Calm Seas Acquisition plans to raise $300 millions through an IPO: Former Commander of the U.S. Army Pacific appointed as Chairman, targeting oil and gas, offshore drilling, and shipping sectors.
Blank check company Calm Seas Acquisition filed documents with the SEC on Monday, proposing to raise up to 300 million USD through an IPO.
Crypto prices
More
