📢 Master Protocol has emerged as a new interest rate swap market and accelerator of the Bitcoin ecosystem. 🔍 Bitcoin's programmability is spreading to the west and major VC/DAOs are funding projects like Babylon, Botanix, BOB, Mezo. 😮 However, Bitcoin's programmability is still in its early stages and some technical issues remain to be resolved. 🚀 As an important part of this ecosystem, Master Protocol plays an important role in ensuring the block security and economic security of Bitcoin. However, Master Protocol is running out of time and needs to create a hedge of its own before Pendle can expand into the Bitcoin ecosystem.