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Bitfi
Bitfi is a CeDeFi platform designed to provide a real-yield solution for Bitcoin holdings, offering both Bitcoin and a Bitcoin-pegged stablecoin within a combined decentralized and centralized financial system.[1][2]
Overview
Founded in 2024 by Liu Han, Bitfi is a CeDeFi platform designed to enhance Bitcoin returns through a real-yield solution. It uses on-chain technology alongside off-chain strategies to manage staked BTC assets securely. The platform offers both Bitcoin and a Bitcoin-pegged stablecoin, aiming to provide a stable environment for asset management in various market conditions.[1][2][3]
Products
Yield Generation
Bitfi is designed to increase returns on staked BTC using a secure and diversified approach, incorporating staking, DeFi, CeFi mechanisms, and financial strategies.[1]
Synthetic Dollar and Internet Bond
Bitfi's Synthetic Dollar can be minted using various staked assets. This process aims to generate additional yield through smart hedging and on-chain rewards.[1]
Staking
BFBTC is a Bitcoin-backed yield token that aims to utilize risk-free arbitrage to unlock Bitcoin's potential. It seeks to optimize yields while maintaining BTC positions and ensuring deep liquidity with institutional-grade security. The platform features an auto yield-sharing mechanism that supports asset managers in centralized finance (CeFi) and explores high-yield opportunities in decentralized finance (DeFi). By integrating CeFi and DeFi, Bitfi aims to create a balanced ecosystem.[1]
Bitfi
Commit Info
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Edited On
September 23, 2024
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