"A revenue sharing agreement is being worked on that could address shortcuts of blockchain bridges. The aim is to reduce the difficulties users experience in moving their Bitcoins to other ecosystems. 🌉
Osmosis DAO voted to adopt a free Bitcoin bridge to bring Bitcoin into the Cosmos ecosystem. The key to this process is a revenue sharing agreement with Bitcoin bridge Nomic. 🗳️
A revenue sharing agreement can address one of the shortcuts to bridges: the way different parties generate revenue from deposits and withdrawals. The proposed deal would align Nomic's protocol revenue with bridged BTC usage. 💰
With less than 24 hours until voting ended, 95% of the Osmosis DAO community votes were in favor of the deal. Nomic's bridge is part of a trend of developers trying to bring liquidity to the digital asset industry by leveraging the value in BTC. 📈
Read more: 1T+ Bitcoin DeFi Opportunities 🚀
And what do you think? Leave your comments below and join the discussion! 😊"