BOB, short for 'Build on Bitcoin', is now part of the Superchain ecosystem, an expanding network with the OP Stack of Optimism.
As a Layer 2 hybrid solution, BOB leverages the strengths of both Bitcoin and Ethereum, combining the security of Bitcoin with the adaptive framework of Ethereum.
This combination overcomes the limitations of Bitcoin in smart contracts and interoperability, creating a bridge that minimizes trust to decentralized financial (defi) tools of the Ethereum Virtual Machine (EVM) for seamless access.
BOB aims to enhance the Superchain experience with features including one-click BTC staking and simple integration, streamlining BTC defi for both users and developers.
BOB integrates with BTC staking layers such as Babylon and liquid staking tokens (LST) like Solv and Bedrock.
Currently, the company claims to support 40 active projects with 60 other projects in development and securing over 100 million dollars in total value locked (TVL).
#binance #wendy #BOB $BTC $ETH $BNB
