What is Bitdrome?
Bitdrome combines (NG) new generation AMM from
@CurveFinance
and the ve33 flywheel mechanism.
This is the best place to farm and trade with your BTC assets.🔥
(1/n)
It’s the reason why we choose Curve AMM. Uni V3's order book mechanism cannot continue to provide effective price during a market crash, which has a very negative impact on other DeFi protocols in the ecosystem.
Missed this yesterday. It appears, that Uni3-style concentrated liquidity could not keep up with markets (moving it makes "impermanent loss" permanent), while Curve liquidity in crypto pools is automatically managed.
So while Curve is an AMM, Uni3 is closer to orderbooks
Points? Nah, we ain't into that.
But we genuinely value you, whether you're trading, providing liquidity, or proud hodlers of $veCRV.
Karma is real, good vibes will bring good returns.
Join the BEVM DeFi Olympics here!
Early participants can open a ticket on the BEVM Discord to get an invitation code.
Swap tokens or be the LPs.
Early BEVM ecosystem participants and $veCRV holders might have some surprises in the future. 👀
🎉 Announcing the 2024 BEVM DeFi Olympics! 🎉
Engage in PRE & MULTI airdrop mining with structured pathways to maximize asset yields with minor costs.
No compulsory tasks—just an innovative approach to exploring BTCfi strategies.
Ready to play?🚀
Good to see the news about $WBTC and
@justinsuntron
, which is helping to unlock the liquidity of various wrapped BTCs for those interested in DeFi.
Once again, you're welcome to join Bitdrome to farm and trade your BTC assets!
The advanced Curve AMM algorithm eliminates the need for LPs to actively manage liquidity ranges while allowing them to enjoy the benefits of concentrated liquidity. This lowers user management costs while providing effective on-chain pricing for the DeFi ecosystem.🚀
(2/n)
Our first step is focusing on increasing the depth of the WBTC/USDT main pool to ensure a smooth trading experience.
In the future, BTC-related assets will be paired with WBTC to reduce impermanent loss and liquidity costs for LPs.
2/ How to trade
#Runes
?
Option 1: v33 DEX(e.g
@BitdromeFi
) on BEVM
►Swap/LP: ( $Runes - $BTC) pool to earn more yields and potential rewards from protocol.
DEX play will soon be available, stay tuned!🔔
Issue assets on the BTC mainnet, farm and trade on Bitdrome. Let your BTC assets earn interest and trade on a fully mature DeFi infrastructure. Combining battle-tested ve33 tokenomics with a full-range AMM, we have created the ideal DEX for trading long-tail assets.
(4/n)
We will upgrade BEVM-stack and update
#Sats
network tomorrow.
After the upgrade,
#Sats
chain will be more decentralized and stable, thereby better hosting users of the
#sats
community and making it easier for them to build sats Dapps.
Lending and other protocols can only obtain price from off-chain sources like oracles, and cannot effectively reference real on-chain liquidity. This makes decentralization merely theoretical.
We are dedicated to unlocking the potential of BTC DeFi. Compared to ETH, with the right infrastructure, BTCFi could achieve a TVL of up to $300 billion.
Bitdrome will be at the forefront of this revolution.
(3/n)