π§΅IMPORTANT THINGS TO UNDERSTAND ABOUT OP_NET @opnetbtc ( learn more at opnet.org ) π§΅
1. Itβs NOT a blockchain or Layer 2. Itβs a metaprotocol, similar to ordinals, that simply allows smart contracts to be deployed on L1.
2. Itβs open source and permissionless
going to break this down further for those who want to read into it:
Native EVM β Bitcoin Airdrops Are Now Possible With OP_NET
How this works in simple terms:
Every crypto wallet, whether it is Ethereum, Polygon, BSC, Avalanche, or Bitcoin, is controlled by a private key.
with @opnetbtc we can now airdrop EVM addresses on Bitcoin directly
download OP_WALLET β‘οΈ import EVM priv key β‘οΈ match EVM pubkey to BTC pubkey π° we can airdrop EVM addressses free coins on Bitcoin directly with @opnetbtc
u probably donβt even understand wtf u just read lol,
OP_NET enables:
Uniswap on BTC
AAVE on BTC
CDPs on BTC
YFI on BTC
OHM on BTC
name a multi billion dollar protocol and build it on BTC L1 with @opnetbtc
Important design choices we made for @opnetbtc
1. No extra gas token, just BTC
2. Tapscript POA vaults for native WBTC on BTC
3. The ability to natively stake WBTC on BTC and accrue fees
4. The ability to use PSBTs to trade assets so no WBTC is required (freedom of choice!)
you: needs to lock supply in some locker to stake your ordinal
us: every ordinal is staked the moment it hits your wallet.....
THE MOTOCATS ARE BUILT DIFFERENT (let the power of @opnetbtc flow through you)
CBRC-20 has been around for just over a month now and itβs set to break boundaries of what people thought was possible on Bitcoin. The fastest growing metaprotocol is about to unveil some crazy developments @CyBORg_BTC
All roads lead to $MOTO
*IF YOURE A DEGEN* you buy your pre OP-20 rune - get airdropped OP-20 version, trade it or stake it to liquidity mine on @motoswap (token mewn???)
People who stake $MOTO get the fees from the volume done on the swap. This is actual DeFi on BTC π«‘
ICYMI in the @CyBORg_BTC discord regarding the indexer for CBRC-20. Given the entire motto of βtest in prodβ some issues are bound to arise. Huge shout out to Cyborg and his team for working through the holidays on a solution to something nobody else in the space has done π«‘π«‘