What Is Wrapped Bitcoin? Benefits, Risks, and When to Use It in DeFi
Many people ask, what is wrapped bitcoin, and why does it matter in DeFi? If you hold bitcoin and want to use it in apps on another chain, you face a problem. Bitcoin is on the Bitcoin network. Most DeFi apps live on other chains like Ethereum. Wrapped Bitcoin is a bridge between those worlds. …
What Is Wrapped Bitcoin? Benefits, Risks, and When to Use It in DeFi Read More »