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Babylon
03-12

This was one of the clearest points from our conversation with @alphaleaked: BTC is a massive asset class, yet only about 1.2% of total BTC is in DeFi today. Meanwhile, about 34% of WBTC supply is already deposited in @aave. That tells you something important: --> Borrow demand already exists. What TBVs will unlock is a path for native BTC to participate in those credit markets without leaving the Bitcoin network. More clips soon 👀

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