April 11: DLC.Link, referred to as the “trustless bridge connecting Bitcoin and DeFi,” unveiled its new product, dlcBTC. DLC.Link explained that this innovation is a safer wrapped Bitcoin alternative, constructed using Discreet Log Contracts (DLCs). The team expressed that DLC.Link has established a trustless connection between Bitcoin and Ethereum, enhancing Bitcoin’s role in Decentralized Finance (DeFi). With the introduction of dlcBTC, users can easily use bitcoin within the Ethereum ecosystem while retaining ownership over their assets. This new launch enables depositors to participate in trading, lending, and hedging activities while preserving their self-sovereignty.
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2024-04-11 15:18