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!

Exciting to see the emergence of new 'BTC' versions in the market after MakerDAO's LTV ratio adjustment. The competition is heating up!