1/ Current APY for WBTC on @VesperFi is at 23. But first, let's dial back and explore exactly what WBTC is /7.
06 Nov 2023, 16:39
1/ 🚨 Current APY for WBTC on @VesperFi is at 23.20%!
But first, let's dial back and explore exactly what WBTC is 👇🧵/7
Same news in other sources
206 Nov 2023, 16:39
7/ Stay Updated
For the latest on DeFi trends and APY opportunities, keep up with @VesperFi !
7/ Stay Updated. For the latest on DeFi trends and APY opportunities, keep up with @VesperFi .
7/ Stay Updated
For the latest on DeFi trends and APY opportunities, keep up with @VesperFi !
06 Nov 2023, 16:39
6/ How is WBTC Created?
Creating WBTC starts with a user requesting tokens from a merchant. The merchant verifies this, then locks up the corresponding amount of BTC and mints WBTC on Ethereum. This ensures that for every WBTC, there's a real Bitcoin backing it in a 1:1 ratio.
6/ How is WBTC Created. Creating WBTC starts with a user requesting tokens from a merchant.
6/ How is WBTC Created?
Creating WBTC starts with a user requesting tokens from a merchant. The merchant verifies this, then locks up the corresponding amount of BTC and mints WBTC on Ethereum. This ensures that for every WBTC, there's a real Bitcoin backing it in a 1:1 ratio.