Many other DeFi founders ask us why did we ditch #EVM and build on #ICP. Here is why:
1) A super supportive @dfinity foundation
2) Robust infrastructure that is under appreciated by most in the space
3) Fully decentralised with no almost no compromise on speed and cost
Thank you for the warm welcome OG #ICP fam. We are not here to pump your bags.
We are here to take advantage of the nature of ICP blockchain and build a critical financial infrastructure for all of crypto. This is bigger than our bags.
When your bag pumps, itโs accidental.
What we are bringing in 2024:
A) fully decentralised DeFi dapp on #ICP
B) a fixed deposit for #ckBTC and #ckETH to earn long term sustainable yield in #Bitcoin and #Ethereum
C) Leverage your liquidity pools earnings
Dont you wish there is a protocol that lets you do a long term fixed deposit for #ckETH that earns you more ETH? And at the same time trade that proof of deposit and earn swap fees? ๐คฏ๐คฏ
Your wish will come true in 2024
Bitcoiners deserve a #Bitcoin neobank that is non custodian, low transaction fee and fast finality. Made possible with #ckbtc.
Halving and testnet coming soonโฆ
When we say a supportive @dfinity foundation we mean:
One hour call with @cryptoschindler to go over mechanics, frontend, data modelling and simulation
A casual look at our github and detailed comments by @paulliuicp
All in one day of building on #ICP
Many other DeFi founders ask us why did we ditch #EVM and build on #ICP. Here is why:
1) A super supportive @dfinity foundation
2) Robust infrastructure that is under appreciated by most in the space
3) Fully decentralised with no almost no compromise on speed and cost
Our initial review of the Internet Computer Protocol is complete.
ICP is a network of subnet blockchains. Its relationship with #Bitcoin is that of a sidechain. Users trust the operators of a specific subnet when minting and burning ckBTC tokens, a bitcoin-backed synthetic.
Pro tip for 2024:
1) Provide Liquidity on @sonic_ooo to earn fees
2) Borrow #bitcoin or #Ethereum using your LP token as collateral
3) Provide even more liquidity
Earn even more fees while your coins go up in dollar terms in 2024.