What is $eBTC?
Why is $eBTC?
And should the implied APR just for holding it be 20%?
Let me make a detailed case...
A thread 🤌
This is all to say...
I know there are many people who prefer BTC exposure to ETH exposure,
BUT who also want yield and to participate in defi economic security innovations like restaking.
$eBTC let's you do that while gaining exposure to a variety of infrastructure leaders.
Finally, I am an ambassador for EtherFi, so do understand I'm financially motivated to make content explainers.
But I hope you found this somewhat helpful in understanding $eBTC and how it adds to BTCfi in the world of EVMs.
Thanks for reading!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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