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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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Learn More: https://www.gate.io/article/44878
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What Is BTCFi? A Guide to Bitcoin’s DeFi Ecosystem
BTCFi, short for Bitcoin Decentralized Finance, refers to financial services like lending, borrowing, and trading that run on Bitcoin or its layers. These innovations aim to let you do more with your BTC than just HODL. In this guide, you will learn what BTCFi is, how it works, its key protocols, and how it compares to DeFi on Ethereum.