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- ✨ Gate Post New Year Giveaway - Show Your 2025 Crypto Flag and Win $200 Rewards!
💰 Select 10 high-quality posters, each will receive a $10 reward
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1️⃣ Follow Gate_Post
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3️⃣ Post must be at least 60 words and receive at least 3 likes
Post Examples:
🔹 Investment Goals: What are your crypto goals for 2025?
🔹 Trading Strategy: What strategies will you adopt in 2025?
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1️⃣ Follow Gate_Post
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3️⃣ Click the Post button in the lower right corner, use the hashtag #My Bullish Crypto Sectors# and post about your insights.
✍️ Post Example:
1️⃣ What unique advantages do these sectors offer? (e.g., lo
- 🎆 New Year, New Luck! Join the Ultimate Lucky Draw Celebration!
🎉 Gate.io Community Honor Credits New Year Lucky Draw - Phase 6 is officially live!
Start the lucky draw now 👉 https://www.gate.io/activities/creditprize?now_period=6
🌟 How to Participate?
1️⃣ Go to the [Credits Center] in Gate Post and complete tasks like posting, commenting, and liking to earn Honor Credits.
2️⃣ Lower entry threshold: Earn 300 credits to get one entry into the lucky draw!
🎁 Enter the draw for a MacBook Air, exclusive merchandise, Points, Futures Voucher and more!
📅 Event Time: Dec 30, 2024, 07:00 AM - Jan
- 🎄 Join #ChristmasWonderland# and Start Magical Christmas Adventure
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Make your BTC work for you: The journey of iBTC
A comprehensive guide to generating income using BTC. Learn how to safely participate in Decentralized Finance while maintaining the security of BTC and the core principles of Decentralization.
Introduction
BTC is the pioneer of a peer-to-peer cash system and the creator of the digital asset field. BTC has a market value of over $1.2 trillion, driven by its Decentralization characteristics and user self-custody capabilities. However, BTC still faces two major challenges: the inability to seamlessly integrate with Decentralized Finance protocols and the lack of native layer 1 Decentralized Finance functionality.
Enter iBTC, which is a groundbreaking solution that bridges these gaps. By leveraging cautious log contracts (DLC), iBTC provides one of the safest ways to connect BTC liquidity to the thriving Decentralized Finance ecosystem. This innovative approach allows institutional users to mint, burn, and self-custody iBTC, and verify the 1:1 support of BTC and iBTC using Chainlink's Proof of Reserves (PoR).
This series aims to unleash the true potential of Bitcoin, guiding you through the process of generating income without compromising security. We will explore how iBTC can participate in the dynamic world of Decentralized Finance while maintaining the strong security of the BTC network. Join us on a journey to transform dormant digital gold into productive and profitable assets.
Why use iBTC to use your BTC?
Security: iBTC is protected by reserve proof of Chainlink, the first layer blockchain of BTC, ensuring strong 1:1 backing.
Cross-chain compatibility: Currently integrated with Ethereum, Arbitrum, and Base networks, with plans for further expansion.
Earnings Generation: Access established and verified Decentralized Finance protocols to avoid risks associated with new chains and untested applications.
Series Overview
This comprehensive guide is a dynamic document that is constantly updated to showcase new use cases and revenue streams for iBTC. It aims to be the core and comprehensive resource for exploring all available revenue-generating opportunities.
This guide is divided into four foundational levels, each building on the previous level to help you master the art of BTC yield generation:
Level 1: Genesis - Obtain iBTC