#bedrock I've noticed that those BTC holders who hoard are generally averse to hassle. After all, most people buy BTC for its ease and security; they just buy it and toss it into their wallet, who wants to study those smart contracts every day?
Now, with @Bedrock 's Bedrock 2.0 bringing brBTC into Babylon and other yield paths, BTC has a new income stream, but the complexity has also ramped up.
But do BTC users really want to dive into these complicated operations just for a bit more APY? Honestly, many people, including myself, have felt the itch to earn some interest and have given it a shot. But as soon as it requires one extra step, it’s a quick exit for most.
When can we make it seem simple for BTC holders to participate in earning? Only then will BTCFi truly break through.
So, I don’t usually check $BR ’s short-term prices; rather than getting tangled up in current fluctuations, I’m more focused on whether brBTC can streamline those complex operations in the background while clearly explaining the underlying yield paths, giving users a straightforward and understandable entry point.
I believe that only by significantly increasing the user base can the protocol have sustained usage and revenue potential. But whether these revenues can transform into $BR 's long-term value support is still a question mark for me. It will depend on how the team clarifies the tokenomics.
In the end, BTCFi will be about who can make BTC users frown less.
How many steps do you think a typical BTC hoarder can tolerate just to earn a bit more interest? #Bedrock
Now, with @Bedrock 's Bedrock 2.0 bringing brBTC into Babylon and other yield paths, BTC has a new income stream, but the complexity has also ramped up.
But do BTC users really want to dive into these complicated operations just for a bit more APY? Honestly, many people, including myself, have felt the itch to earn some interest and have given it a shot. But as soon as it requires one extra step, it’s a quick exit for most.
When can we make it seem simple for BTC holders to participate in earning? Only then will BTCFi truly break through.
So, I don’t usually check $BR ’s short-term prices; rather than getting tangled up in current fluctuations, I’m more focused on whether brBTC can streamline those complex operations in the background while clearly explaining the underlying yield paths, giving users a straightforward and understandable entry point.
I believe that only by significantly increasing the user base can the protocol have sustained usage and revenue potential. But whether these revenues can transform into $BR 's long-term value support is still a question mark for me. It will depend on how the team clarifies the tokenomics.
In the end, BTCFi will be about who can make BTC users frown less.
How many steps do you think a typical BTC hoarder can tolerate just to earn a bit more interest? #Bedrock