Leviathan News
Leviathan News
Leviathan News
Bitcoin Halvening in 12 Days... Will it Change DeFi? w/ Aki from DLC.Link
52 minutes Posted Apr 8, 2024 at 6:41 pm.
Introduction and Bitcoin Halving
The Growth of Pendle and the Demand for Yield in DeFi
Introducing Discreet Law Contracts (DLC) for Bitcoin in DeFi
Minimizing Counterparty Risk with DLC
Building DLC BTC and Future Products
The Importance of Self-Wrap Design for DLC BTC
Launch of DLC BTC on Curve and Arbitrum
Expanding to Multiple Chains
Introduction of the DLC Token
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Show notes
In this episode Aki from dlc.link joins to talk about his new decentralized trustless version of BTC that's launching this month.
Summary
In this conversation, the hosts discuss various topics including the upcoming Bitcoin halving, the growth of the Pendle project, and the introduction of Discreet Law Contracts (DLC) for Bitcoin in DeFi. They explore the potential impact of the halving on the Bitcoin market and the rise of transaction fees. They also delve into the benefits of DLC for institutions looking to earn yield on their Bitcoin holdings while minimizing counterparty risk. The hosts highlight the need for safer and more secure options for Bitcoin in DeFi and the potential for increased participation as the market matures. DLC BTC is a simple use of Discreet Log Contracts (DLCs) that solves the problem of rapid coin and scaling Bitcoin to DeFi. It will be launched on Curve in a WBTC DLC BTC pool and on Arbitrum for lending protocols. The goal is to eventually launch DLC BTC on multiple chains. Athena, a centralized exchange, may list DLC BTC if it proves to be helpful. A DLC token is planned to be launched in Q3 to decentralize the DLC attesters and allow retail users to earn yield.
Keywords
Bitcoin halving, Pendle, Discreet Law Contracts, DLC, DeFi, yield, counterparty risk, DLC BTC, Discreet Log Contracts, Bitcoin, DeFi, Curve, WBTC, Arbitrum, Athena, token, yield
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