According to Planet Daily, Bifrost officially announced plans to launch a native Bitcoin staking service BTCFi. BTCFi runs on a decentralized protocol without the need for intermediaries or third-party custodians. The core protocol is BtcUSD, an over-collateralized stablecoin backed by BTC. The team will use fraud proofs to verify the operation of the relay to support the integration of native BTC into BTCFi. Currently, the team is porting the native BTC bridge from Ethereum to the Bifrost network. The BTCFi roadmap includes: building the BTCFi ecosystem in the first quarter, supporting WBTC (ETH, Polygon, Arbitrum) and BTCB (BNB); launching an automatic one-click staking BTC service in the second quarter; supporting native BTC in the third quarter, launching owned by Bifrost Native BTC deposit service verified by node validators.