BOB announces the launch of the DeFi incentive program BOB Rise in collaboration with Optimism.

Odaily Planet Daily News The hybrid Layer 2 project BOB (Build on Bitcoin) announced a DeFi incentive program called BOB Rise in collaboration with Optimism, aimed at accelerating the development of BOB's $BTC DeFi ecosystem by incentivizing liquidity providers and supporting the growing Bitcoin liquid-staking tokens (LST) lending. It is reported that the 750 thousand $OP tokens were obtained from the sixth season of the Optimism Grant donation last December, and the original intention of the BOB Rise event is to incentivize users who deposit $BTC assets into the four main DeFi protocols on BOB, with these 750 thousand $OP tokens serving as rewards for depositing $BTC into BOB. The BOB Rise event will take place from February 24, 2025, to June 23, 2025, lasting for 4 months, with the 750 thousand $OP token rewards distributed across five DeFi protocols within the BOB ecosystem.