eBTC is a decentralized, tokenized version of Bitcoin, operating on Ethereum. More
Fully Diluted Valuation | $3.46M |
---|---|
24H Trading Volume | $4,524 |
24H Low / High | $107.29 K / $ 109.52 K |
Circulating Supply | 31.61 |
Total Supply | 31.61 |
Max Supply | ∞ |
Categories | Synthetic Asset 1 more |
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Founder | Anonymous |
Website | ebtc.finance Whitepaper 1 more |
Socials | 3 more |
Chains | Ethereum Ecosystem |
Explorer | Etherscan 2 more |
Contracts |
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Name | Pair | OG Score |
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eBTC is a wrapped version of Bitcoin that exists on the Ethereum blockchain. It enables users to benefit from Bitcoin's value while leveraging the capabilities of Ethereum's DeFi ecosystem. eBTC makes it easier for Bitcoin holders to interact with decentralized financial applications (dApps) by converting BTC to an ERC-20 token.
Unique Features of eBTC
What sets eBTC apart is its ability to maintain the value of Bitcoin while allowing it to be used in Ethereum-based decentralized applications. This wrapped version ensures 1:1 backing by Bitcoin reserves, providing security and trust for users. Moreover, eBTC's integration into Ethereum's ecosystem brings Bitcoin's liquidity into various DeFi platforms, including lending, borrowing, and yield farming.
Conclusion
eBTC serves as a bridge between the two largest blockchain ecosystems, Bitcoin and Ethereum. It allows Bitcoin holders to unlock the power of decentralized finance, creating more opportunities for financial growth and diversification. By offering flexibility and security, eBTC is an essential tool for crypto users looking to maximize their Bitcoin assets within the Ethereum ecosystem.
eBTC is a decentralized, tokenized version of Bitcoin, offering the same value as BTC but operable on the Ethereum blockchain, enabling access to decentralized finance (DeFi) services.
The project was developed by an anonymous team of developers with a focus on enhancing Bitcoin’s functionality within the Ethereum ecosystem.
Uniswap V3 (Ethereum), Curve (Ethereum)
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