DLC.Link

DLC.Link

Although Bitcoin is the largest digital asset, it cannot be used in DeFi directly. To earn yield on their Bitcoin, users must first transfer it to a custodian or a bridge. Custodian failures and bridge hacks, however, have led to over $140Bn in losses to date.DLC.link implements an MIT invention that makes it easy for app developers to integrate native Bitcoin. Their platform trustlessly locks Bitcoin on-chain, from where it can be controlled by Ethereum and other smart… Although Bitcoin is the largest digital asset, it cannot be used in DeFi directly. To earn yield on their Bitcoin, users must first transfer it to a custodian or a bridge. Custodian failures and bridge hacks, however, have led to over $140Bn in losses to date.DLC.link implements an MIT invention that makes it easy for app developers to integrate native Bitcoin. Their platform trustlessly locks Bitcoin on-chain, from where it can be controlled by Ethereum and other smart contracts.We're backed by Chainlink, Sequoia Scout as well as notable Bitcoin and DeFi investment funds.

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