Post
Topic
Board Bitcoin Discussion
Merits 5 from 2 users
Re: Earning interest on bitcoin without giving up your keys
by
nullama
on 23/12/2021, 13:43:20 UTC
⭐ Merited by The Pharmacist (3) ,amishmanish (2)
Wouldnt it be great for the holdlers if you could earn interest on your bitcoin and not give up your keys?
It is like feature from DeFi and I think we have some DeFi for Bitcoin. I know some DeFi for Bitcoin.
Sovryn: https://www.sovryn.app/
MintLayer: https://www.mintlayer.org/
You have controls of your private keys and your Bitcoin and in theory you are safe.

AFAIK with sovryn you are swapping BTC for some random token called SOV, and they put that into some smart contract. Doesn't seem amazing to me.

AFAIK with mintlayer you are swapping BTC for some random token called MLT, and they put that into some smart contract. Doesn't seem amazing to me.