Bitcoin could become the foundation of DeFi with more single-sided liquidity pools By Cointelegraph
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Bitcoin could become the foundation of DeFi with more single-sided liquidity poolsFor many years, reigned supreme over the decentralized finance (DeFi) landscape, with the blockchain serving as the destination of choice for many of the most innovative projects serving up their take on decentralized finance. More recently, however, DeFi projects have started to crop up across multiple ecosystems, challenging Ethereum’s hegemony. And, as we look to a future in which the technical problem of interoperability is solved, one unlikely contender for the role of DeFi power player emerges — (BTC).
In that future, Bitcoin plays potentially the most important role in DeFi — and not in a triumphalist, maximalist sense. Rather, Bitcoin can complement the rest of crypto as the centerpiece of multichain DeFi. The key to this is connecting it all together so that Bitcoin can interact with Ethereum as seamlessly as iOS and Android do today.
Marcel Harmann is the founder and CEO of THORWallet DEX and a board member of the Crypto Valley Association. He previously co-founded the DEC Institute, which provides online certification for digital assets specialists backed by leading blockchain universities. He graduated from the University of Zurich in 2012 with a master of arts in banking and finance.
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Bitcoin could become the foundation of DeFi with more single-sided liquidity poolsFor many years, reigned supreme over the decentralized finance (DeFi) landscape, with the blockchain serving as the destination of choice for many of the most innovative projects serving up their take on decentralized finance. More recently, however, DeFi projects have started to crop up across multiple ecosystems, challenging Ethereum’s hegemony. And, as we look to a future in which the technical problem of interoperability is solved, one unlikely contender for the role of DeFi power player emerges — (BTC).
In that future, Bitcoin plays potentially the most important role in DeFi — and not in a triumphalist, maximalist sense. Rather, Bitcoin can complement the rest of crypto as the centerpiece of multichain DeFi. The key to this is connecting it all together so that Bitcoin can interact with Ethereum as seamlessly as iOS and Android do today.
Marcel Harmann is the founder and CEO of THORWallet DEX and a board member of the Crypto Valley Association. He previously co-founded the DEC Institute, which provides online certification for digital assets specialists backed by leading blockchain universities. He graduated from the University of Zurich in 2012 with a master of arts in banking and finance.
Continue Reading on Coin Telegraph
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