IOHK just released Cardinal!
Cardinal defines a secure, trustless mechanism for Bitcoin holders to access DeFi — by wrapping their UTXOs (as demonstrated with Ordinals) and unlocking opportunities for a number of possible use cases like staking, lending, borrowing, and more.
This marks the beginning of a new era for Bitcoin DeFi, powered by Cardano’s extended UTXO model and smart contracts combined with BitVMX technology for extending Bitcoin programmability.
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Cardinal defines a secure, trustless mechanism for Bitcoin holders to access DeFi — by wrapping their UTXOs (as demonstrated with Ordinals) and unlocking opportunities for a number of possible use cases like staking, lending, borrowing, and more.
This marks the beginning of a new era for Bitcoin DeFi, powered by Cardano’s extended UTXO model and smart contracts combined with BitVMX technology for extending Bitcoin programmability.
IOHK just released Cardinal!
Cardinal defines a secure, trustless mechanism for Bitcoin holders to access DeFi — by wrapping their UTXOs (as demonstrated with Ordinals) and unlocking opportunities for a number of possible use cases like staking, lending, borrowing, and more.
This marks the beginning of a new era for Bitcoin DeFi, powered by Cardano’s extended UTXO model and smart contracts combined with BitVMX technology for extending Bitcoin programmability.
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