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quid
@qd
all memecoins should be traded to bitcoin (or different wrapped form of btc). irl, everything trades to usd, and usd serves as the reserve currency. onchain, btc should be treated the same. eth and sol down, btc up. lots of projects got wrecked by falling eth/sol prices. if it was btc in LPs instead, it’d be a whole different story
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Mmd 🔵
@mmdx66.eth
true , but what do you want to do with speed and fee?
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quid
@qd
all chains have their own wrapped btc, like wbtc for ethereum, cbbtc for base and etc. same fees.
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Mmd 🔵
@mmdx66.eth
I might be missing something, but as far as I know, most wrapped BTC are still custodial. Also, most DeFi infra and liquidity are still centered around ETH and SOL. So I’m not sure wrapping BTC alone fully solves the issue.
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