Meta
Meta|Jun 21, 2025 04:29
As the first "hybrid Layer2" protocol @ build_on_bob, it combines the security of Bitcoin with the flexibility of Ethereum, with the goal of seamlessly introducing the value of Bitcoin into DeFi and smart contract applications. Also announced by BGD Labs on June 10th, BOB Chain fully complies with the technical standards for AAVE v3.3 deployment. This means that they have also passed the AAVE technical exam. But the only downside is that the Chainlink oracle has not yet been integrated. From a timeline perspective, after announcing the adoption of Chainlink CCIP as its cross chain infrastructure in January this year, ERC-20 assets will be securely transmitted across chains. In February, a real-time data stream service that can be subscribed to on the chain was integrated, allowing developers to access external data feeds. At the beginning of this month, we upgraded CCIP to further support cross chain bridging of USDC. In the short term, although it can be achieved through Pull Oracle+TWAP technology, in the long run, a standard oracle is still needed. If the oracle is not integrated, DeFi applications that require precise pricing and real-time clearing functions will have significant limitations, and the security of the platform will also be reduced, making it easy to receive erroneous operations. The most important thing is that the overall ecology is affected, and users and funds dare not play at all. At the same time, the AAVE team also mentioned that if there is no oracle, it will never be deployed. Looking forward to the successful integration negotiation between BOB and Chainlink. I am still looking forward to BOB, although it is currently running on ETH Rollup and supports BTC liquidity and Defi applications. But the next phase of upgrading is the highlight, which will be achieved through POW+staking+ZK to transfer BTC between Bitcoin and the BOB network. At the same time, AAVE can also solve BTC trustless bridging through BOB. Gradually increase the penetration rate of BTC's DeFi ecosystem and enter the blue ocean market of BTC collateralized lending.
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