funded
AnetaBTC - Decentralized and Scalable Wrapping Protocol
Current Project Status
In Progress
Amount
Received
Received
₳76,500
Amount
Requested
Requested
₳175,000
Percentage
Received
Received
43.71%
Solution
AnetaBTC is to release our V2 protocol, where the wrapping protocol doesn’t depend on a centralized entity, increasing security and decentralization. This should bring more liquidity to Cardano.
Problem
Cardano needs more avenues for increased liquidity outside of the Cardano ecosystem. Bitcoin is well-suited to experience Cardano defi, leveraging Cardano’s security and predictable fees.
Impact Alignment
Feasibility
Value for Money