There’s currently over $1.5 trillion worth of Bitcoin in circulation, of which less than 0.5% is locked in Bitcoin DeFi – neither growing nor generating returns. While Bitcoin’s value has historically increased over time, wouldn’t it be better if your BTC could work for you while you hold it?
Rootstock stands as the most complete DeFi ecosystem for Bitcoin holders and builders, allowing you to earn yield, trade, and stake your Bitcoin through market-leading protocols, all while staying anchored to Bitcoin’s unmatched Proof-of-Work security.
Keen to learn more?
Let’s break it down 👇
Yield Generation
Rootstock’s ecosystem is expanding rapidly, offering users a variety of ways to participate in decentralized finance. This includes:
- Lending and Borrowing: You can earn interest on your deposits or borrow assets using Bitcoin as collateral. Protocols let you provide liquidity or access funds without having to sell your Bitcoin
- Decentralized Exchanges (DEXs): You can trade and provide liquidity using platforms like Sushi and Oku on Rootstock
- Yield Optimization: You can use tools like Beefy Finance to maximize returns by automatically compounding your assets
- Leverage and Trading: You can utilize advanced tools on platforms like Oku to open leveraged positions, manage risk, and ultimately enhance your trading strategy
- Staking: You can stake your assets to earn passive income, such as on RootstockCollective, and support the security and stability of the network at the same time (another win-win situation)
- Liquidity Protocols: Provide liquidity and earn stable, predictable revenue tied to network activity. This will also help to grow the DeFi ecosystem
Stablecoins and Payments
You can also use rBTC or Bitcoin-backed stablecoins for fast, cheap transactions, which include USDRIF, a RIF collateralized stablecoin, which is pegged 1-1 with the USD, and can be used for payments, hedging against inflation, savings, and more.
In addition, it can be used for DoC (Dollar on Chain), which is a Bitcoin-collateralized stablecoin and used for remittances, payments, or even ecommerce, for example via Kripton Market. These marketplaces connect buyers and sellers using Bitcoin-secured stablecoins and allow for easy onboarding of merchants and customers around the world.
Why Rootstock Is the Best Place to Put Your Bitcoin to Work
Rootstock stands out as the ideal platform for Bitcoin holders looking to earn more from their assets for several key reasons:
- Bitcoin-Native Security: Rootstock is merge-mined with Bitcoin, meaning it inherits Bitcoin’s unmatched security while enabling smart contract functionality.
- Low Risk: Your Bitcoin is pegged 1:1 with rBTC (Rootstock’s token), so you’re still exposed to Bitcoin’s price movements while accessing new earning opportunities.
- Familiar Infrastructure: As an EVM-compatible platform, Rootstock offers the same tools and interfaces as Ethereum, but with Bitcoin as the underlying asset.
- Low Fees: Transactions on Rootstock are 95% cheaper than Bitcoin’s network fees, and even 55% cheaper than Ethereum, making it economical to interact with DeFi protocols.
- Growing Ecosystem: A rapidly expanding selection of DeFi protocols means more ways to put your Bitcoin to work.
How can you get started?
It’s super easy to get started with Rootstock. Follow the below three steps:
- Make sure you get some rBTC – there are numerous ways to get it, using the native PowPeg bridge, exchanges, ramps, or even from fiat
- Add rBTC to your wallet – it’s compatible with Metamask and others
- Explore the ecosystem
