"My BTC never left the vault"
I Spent some time on the TBV testnet today, actually went through the borrow flow instead of just reading about it.
I Grabbed test BTC from the faucet, locked it into a vault, then borrowed test USDC against it through Aave v4. No wrapping step anywhere, no separate token showing up in my wallet standing in for the BTC.
the part that stood out was that my BTC never left the vault. From the user's perspective, it just stayed locked on the Bitcoin side while the Ethereum side treated that vault as collateral. At no point did I end up holding a wrapped version of my BTC.
That's different from how I've used BTC in DeFi before, where there's usually a custodian or wrapped asset somewhere in the middle.
still testnet though, so peg in and unlock timing don't tell you much yet. Real congestion and real economic conditions are usually where systems get properly tested.
I am going to run it again this week and actually try repaying and unlocking. Curious if that side feels as smooth as borrowing did.
@BabylonLabs_io $BABY #baby #testnet #TBV #curiosity $ZEC $ETH