🔗 Why is tBTC important for Mezo?
Mezo chose tBTC as a secure, decentralized bridge for bringing Bitcoin into DeFi. Here's how it works and what it means for BTC holders 👇 #tBTC #Mezo #BitcoinFi
1️⃣ What is tBTC?
tBTC is a trust-minimized bridge from Bitcoin to Ethereum, allowing BTC holders to use their Bitcoin in DeFi safely and securely.
2️⃣ Decentralization
Unlike other BTC bridges, tBTC is managed by 100 signers. 51 of 100 approvals are required per transaction, ensuring strong decentralization.
3️⃣ Minting tBTC
Send BTC to the latest Threshold-generated wallet and provide your Ethereum address to receive tBTC. It’s simple, transparent, and accessible.
4️⃣ Advantages for Mezo Users
tBTC lets BTC holders on Mezo earn yield, stake, and participate in DeFi without compromising security or control over their assets.
🚀 Experience DeFi with BTC through tBTC and Mezo!
tBTC allows Bitcoin to be used in DeFi, enabling a whole new level of functionality and security.