Community reveals potential of DeFi and PoS solutions on Bitcoin
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The platform said,"Decentralized lending markets are the perfect complement to BTC, which is the most pristine collateral asset known to man." It also emphasized that it is bridging to other protocols so that it will not consistently fork the main Bitcoin network. Other experts like Dan Held also chipped in to correct Krueger’s disposition. Held reiterated that speculation is the main driver of value for all chains, including BTC. Based on this, he said,"DeFi doesn't conflict or detract for the SoV thesis."One unique trend for all blockchains is the push to use one asset as collateral to earn another. The interoperability features make this possible through bridging and related interconnectivity.
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