We organized a Bitcoin Layer2 panel with @MrBlockTW, featuring @PellNetwork & @OrbiterFinance. The discussion explored opportunities, challenges, and reward-earning strategies in BTCFi.
Key Insights from the Panel:
✦ Unlocking Bitcoin Layer2 Potential:
Bitcoin, the 7th-largest global asset, holds untapped liquidity. However, limited programmability on Bitcoin mainnet poses challenges for Layer2 development.
✦ $Pell Network - Secure Restaking:
$Pell’s DVS network enables $BTC holders to restake assets to secure the network. With satUSD integration, users can start with as little as $1. Public testnet launches this October, offering points for future airdrops.
✦ Multi-Reward Strategy:
• Bridge $BTC to BOB, BSquared, or BitLayer via Orbiter.
• Use $BTC as collateral on Satoshi Protocol to mint satUSD.
• Restake satUSD on $Pell for extra rewards and join more protocols.
✦ Orbiter Airdrop & Rewards:
Orbiter bridges $BTC across ecosystems, rewarding users with O Points for transactions, plus fee discounts and trading competitions.
This panel offered actionable insights on earning rewards and maximizing BTCFi potential through $Pell, Orbiter, and Satoshi Protocol.
Stay tuned for more exciting updates from Satoshi Protocol!