⚡ AAVE WANTS TO BRING NATIVE BITCOIN INTO DEFI LENDING!
Aave V4 is exploring a new way to let users borrow stablecoins against Bitcoin without converting their BTC into a freely transferable wrapped token.
Why this matters:
🔹 Native BTC collateral concept
🔹 Babylon vault integration
🔹 Proposed initial cap of 300 BTC
🔹 Proposed 78% loan-to-value ratio
Important: These parameters are proposals, not an activated lending market. Further on-chain approval is required.
Could this be a major step forward for Bitcoin-based DeFi? 👀
#AAVE #DeFi #Bitcoin #Web3 #CryptoMatrix $BTC
$AAVE
Aave V4 is exploring a new way to let users borrow stablecoins against Bitcoin without converting their BTC into a freely transferable wrapped token.
Why this matters:
🔹 Native BTC collateral concept
🔹 Babylon vault integration
🔹 Proposed initial cap of 300 BTC
🔹 Proposed 78% loan-to-value ratio
Important: These parameters are proposals, not an activated lending market. Further on-chain approval is required.
Could this be a major step forward for Bitcoin-based DeFi? 👀
#AAVE #DeFi #Bitcoin #Web3 #CryptoMatrix $BTC
$AAVE
