Bitcoin Finance Still Has A Trust Problem ๐ฅ
$BTC holders should not need to rely on opaque balance sheets to access liquidity.
Hashi on $SUI tackles that problem with Bitcoin-native collateral enforced through programmable smart contracts.
The underlying BTC remains on the Bitcoin network.
Sui handles the financial logic, including collateral ratios, pricing and liquidations.
The security model combines:
โข Threshold signatures from Sui validators
โข A secondary guardian backstop
โข Formally verified smart contracts
Asymptotic, Certora and OtterSec are supporting the auditing and verification process.
Planned custody-layer insurance will also settle covered claims directly in Bitcoin.
That matters because institutional BTC finance will only scale if custody, collateral and credit health are transparent.
BitGo, FalconX, Ledger, Bullish and multiple Sui lending protocols are already preparing to participate.
I see Hashi as much more than another DeFi launch.
It gives Sui a credible route into Bitcoin-backed credit while preserving the asset long-term holders actually want to keep.
Mainnet could open an entirely new liquidity channel for the Sui economy.
#Bitcoin #DeFi
$BTC holders should not need to rely on opaque balance sheets to access liquidity.
Hashi on $SUI tackles that problem with Bitcoin-native collateral enforced through programmable smart contracts.
The underlying BTC remains on the Bitcoin network.
Sui handles the financial logic, including collateral ratios, pricing and liquidations.
The security model combines:
โข Threshold signatures from Sui validators
โข A secondary guardian backstop
โข Formally verified smart contracts
Asymptotic, Certora and OtterSec are supporting the auditing and verification process.
Planned custody-layer insurance will also settle covered claims directly in Bitcoin.
That matters because institutional BTC finance will only scale if custody, collateral and credit health are transparent.
BitGo, FalconX, Ledger, Bullish and multiple Sui lending protocols are already preparing to participate.
I see Hashi as much more than another DeFi launch.
It gives Sui a credible route into Bitcoin-backed credit while preserving the asset long-term holders actually want to keep.
Mainnet could open an entirely new liquidity channel for the Sui economy.
#Bitcoin #DeFi
