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🚨 Meet Native! 🚨

Native is the definitive Bitcoin Defi protocol built with Ika technology!

Native comes with the proposal to provide several Defi solutions focused on Bitcoin such as Staking, Liquidity Pool, loans and many other functions, but best of all, quickly and with much more security than any other protocol has been able to do! 

Without your Bitcoin, you want to leave the Bitcoin blockchain itself and all this within the Sui network, but how?! Let's get to know the best of Nativo in the thread below.

Before I start explaining about Native, it is important that you know how Ika's technology works, so that you understand how Native can store Bitcoin on Sui without removing it from the Bitcoin blockchain itself. To do this, you can read this other Thread of mine that is totally focused on explaining Ika's technology in a very practical way: https://x.com/XFelipeKazutoX/status/1906721279849210102

💻 Content creator | Sui Ecosystem Lover
📲 Discord and Telegram: @FelipeKazuto

💎 Social media: https://link.me/felipekazuto

Now that you know about Ika's technology, which is the basis of Native, let's learn about some of the benefits that Native brings to Sui and its users:

💎Bitcoin yield with one click:
Forget about the delay and the process of bridging your Bitcoin to another network, your Bitcoin remains on the Bitcoin network, it doesn't need to leave there, which makes everything faster.

💎No custody:
Your Bitcoin doesn't need to be in the hands of others and you receive a copy of the Bitcoin (enveloped token), with Native you always have the real Bitcoin in your hands.

💎Sui Integration:
With Native you have the best of both worlds, the supreme security of Bitcoin and the high speed and low cost of Sui, which results in the best possible efficiency.

💎Zero Trust Architecture:
No risks of bridging due to lack of liquidity, hackers or third-party custody, the entire process is done within smart contracts that the only one who has control over is you!

💎The best income solutions:
With real Bitcoins and the highest liquidity in the crypto market, do I need to say more? You can find the best income here!

With Native's Bitcoin Yield Hub, everything is very practical and fast. It only takes 3 steps to earn income with your Bitcoin: Connect to your wallet, choose your preferred vault and earn income with your Bitcoin.

With a state-of-the-art interoperability solution, say goodbye to the limitations of Bitcoin!

Why is this important for Sui and the entire Web3?

Let's first analyze why this is important for Sui. By analyzing the TOP 100 cryptocurrencies, we have Bitcoin as the absolute king with a total of 69% of all liquidity. For comparison, Sui has only 0.31% of liquidity share within the TOP 100. So opening a fast and safe path to this liquidity brings a lot of value and increases the strength of Sui. Not only that, but it also brings a lot of value to Web3 by making this facility accessible to everyone. But there's more!

Many solutions have tried to provide access to liquidity, the most recent being Bitcoin's L2, but they never gained traction, precisely because they are copies of Ethereum's L2 but often with inferior technology to traditional L2s and L1s, they provide less security, cannot inherit Bitcoin's decentralization, cannot generate efficient transactions if there is high demand and in peak times they generate very high costs per transaction. Native, on the other hand, solved all these issues! 

If you want to read more about this part, I'll leave the link to an article on their blog that explains everything clearly: https://www.gonative.cc/post/native-alpha-testnet-release