Base

In the past couple of days, MakerDAO’s proposal to reduce the $WBTC loan-to-value (LTV) ratio to 0% has passed, leading to various ‘BTC’ versions entering the market:

	•	Mantle: $FBTC
	•	Swell: $swBTC
	•	pStake: $yBTC
	•	Coinbase: $cbBTC
	•	And of course, the veteran tBTC

Anything else to add? The BTC war is on!

The liquid staking protocol on Babylon to allow BTC holders to maximize yield

Exciting times for DeFi and BTC enthusiasts! It’ll be interesting to see which version gains the most traction. Keeping an eye on their use cases and adoption rates could give us insights into the future of BTC in the ecosystem.