🏦 Two Prime has just launched the Axiom $WBTC Yield Vault, absorbing roughly $10 million in initial losses with its own capital for depositors.
The Vault enables profit optimization from Wrapped Bitcoin $BTC (WBTC), with a minimum deposit of 5 WBTC, equivalent to about $400,000. Returns depend on market conditions and are not guaranteed. The infrastructure is provided by Pareto, with custody of assets at ICE Digital Trust and Copper Technologies.
Why is it noteworthy?
This is a rare differentiator: the platform absorbs losses itself first rather than leaving all credit risk to depositors.
In simple terms:
Deposit Bitcoin into the vault to lend and earn interest, and if there are losses, the company pays upfront using its own $10 million.
#DeFi #CryptoNews
🔗 Source: CoinDesk
⚠️ Information is for reference only and is not investment advice. Do your own research before deciding (DYOR).
The Vault enables profit optimization from Wrapped Bitcoin $BTC (WBTC), with a minimum deposit of 5 WBTC, equivalent to about $400,000. Returns depend on market conditions and are not guaranteed. The infrastructure is provided by Pareto, with custody of assets at ICE Digital Trust and Copper Technologies.
Why is it noteworthy?
This is a rare differentiator: the platform absorbs losses itself first rather than leaving all credit risk to depositors.
In simple terms:
Deposit Bitcoin into the vault to lend and earn interest, and if there are losses, the company pays upfront using its own $10 million.
#DeFi #CryptoNews
🔗 Source: CoinDesk
⚠️ Information is for reference only and is not investment advice. Do your own research before deciding (DYOR).