Market Performance
Info updated 1 year ago
Project Introduction

Ignition introduces $FBTC, an omnichain Bitcoin asset pegged 1:1 to BTC, aimed at elevating Bitcoin’s accessibility and utility. As a secure, decentralized, and composable liquid Bitcoin asset with deep liquidity, $FBTC can be used at scale and easily integrated into various yield enhancement strategies like liquidity pooling, collateral, and staking.Under Ignition, $FBTC's growth will be driven by a comprehensive roadmap and strong developer support, ensuring its long-term success and sustainable growth.$FBTC is a cross-chain 1:1 backed liquid Bitcoin. It is mainly used for:* Staked into LRT protocols built on Babylon to provide additional security for app chains.* Used as collateral in borrowing & lending protocols to earn yields.* Used in funding rate arbitrage strategies to farm yields.* Used in many DeFi protocols to farm liquidity yields.

Performance
*All info & data are for reference only, not investment advice!
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#23771
$0.00
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