Yield 24
  • 💡Introduction
  • 👾Protocol Features
    • 💸Liquid ReStaking Token (LRT)
    • 🏡Real World Assets (RWA’s)
      • 💹Securitzation
      • 💳Credit DAO's
    • ⌛Leverage Staking
    • 💵Y24 LRT Staking
    • 🏦Lending Borrowing
    • 🪙Bitcoin Staking
    • 🌇Trenches Pools
      • ✨Use Case
    • ↔️Y24 Bridge
    • 📝Governance
  • 💰Fee Structure
  • 🔄Y24 Earning System
    • 💲How it works
    • ❓FAQ's
  • 🔦Tokenomics
  • ⏳Brand Assets
  • 🔍Smart Contracts
  • 🔐Security Audit Report
  • 🫂Team Background
  • ⁉️FAQ's
  • 🔗Links & Social Media
  • 📃Terms of Service
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  1. Protocol Features

Bitcoin Staking

Unlocking liquidity and new financial market solutions

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Last updated 1 year ago

Bitcoin staking is a concept enabling BNB holders to stake their dormant BNB to enhance the security of Proof-of-Stake (PoS) chains, while also earning yields. The proposed Bitcoin staking protocol introduces a trustless mechanism, allowing users to stake their BNB and earn reward in wBTC.

Bitcoin staking via BNB presents an innovative, challenging, and cost-efficient approach. Yield24 tackles this challenge by seamlessly integrating a lending protocol that offers wBTC. These wBTC assets are strategically utilized in smart contracts designed to optimize yield through protocols such as LIDO, Compound, Stader, and Centrifuge. This not only maximizes the yield, potentially reaching up to 25%, but also preserves the value of BTC in the form of yBTC rather than BNB. Furthermore, yBTC can be employed in our flagship product trenches, including senior trenches, junior trenches, and mazzine trenches. For more details about trenches, please refer to the next section.

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