๐ Exciting news from Avalon Labs! They've just launched the first native Wrapped Bitcoin (WBTC) market on the BNB Chain, marking a significant milestone in expanding the BNB ecosystem. This move allows users to borrow, lend, and use assets like WBTC, ETH, USDT, USDC, and BNB as collateral, enhancing DeFi options.
๐ WBTC acts as a bridge between Bitcoin and Ethereum, enabling Bitcoin users to access DeFi applications while boosting liquidity for Ethereum platforms. With over $800 million in total value locked and 100,000 active users, Avalon Labs is shaping the future of crypto finance.
Join the conversation! What are your thoughts on this integration? ๐ฌ