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Staking Bitcoin? Billions in Bitcoin Bridged as Merlin Brings DeFi to BTC
Manage episode 423220166 series 3570694
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This story was originally published on HackerNoon at: https://hackernoon.com/staking-bitcoin-billions-in-bitcoin-bridged-as-merlin-brings-defi-to-btc.
Merlin Chain is a Layer 2 blockchain protocol built for Bitcoin. The platform's proof-of-stake consensus allows users to stake wrapped bitcoin.
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Merlin Chain is a Layer 2 blockchain protocol built for Bitcoin. The platform's proof-of-stake consensus allows users to stake wrapped bitcoin and earn staking rewards. Merlin provides integrations with leading decentralized finance (DeFi) protocols for lending, borrowing, supplying liquidity, and accessing derivatives markets.
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