fluidkey

this week’s /fluidkey token highlight is cbBTC - it lets you access Bitcoin’s value while tapping into DeFi across Ethereum, Base, Arbitrum and Solana

you can now claim some cbBTC in the Fluidkey app 💸

more about cbBTC below!

so what’s the catch? 

unlike BTC which can be held without any intermediaries, cbBTC is custodied by Coinbase - you can think of it as USDC for Bitcoin

to verify cbBTC is backed 1:1, there is a proof of reserves page:

moving Bitcoin to EVM chains without going through a centralized exchange or paying extremely high fees is not straightforward 

tBTC is a great decentralized option to bridge Bitcoin to EVM chains

so what’s the catch? 

unlike BTC which can be held without any intermediaries, cbBTC is custodied by Coinbase - you can think of it as USDC for Bitcoin

to verify cbBTC is backed 1:1, there is a proof of reserves page: 

https://www.coinbase.com/en-fr/cbbtc/proof-of-reserves

Bitcoin has established itself as the number one store of value cryptocurrency but it lacks the programmability of EVM chains

cbBTC you gives access to the best of both worlds: you can for example earn yield on your Bitcoin or borrow USDC against it

I'm living la vie virtuelle @VIRVIE. Passionate about 🖼️ #netart, #web3, /// and 🚗💨. FID#8558, CYD#66+#768. For more, see https://nf.td/almar

let's go! 

dms are always open if you have feedback / questions - want to make sure we build the best experience possible :)

Working on my Fluidscore. As of today 😉.

Beauty matters - Wannabe Polymath. Interested in art, music, history, philosophy and faith.

Ah okay 👌 
I always forget to use fluidkey because it’s a bookmark in the browser at the moment.

web app* (can be installed as a PWA)

native app is in the works :)