BOB: the Multichain Gateway for Bitcoin DeFi
Rarimo introduced “Wrapless”, a lending protocol that enables the collateralization of BTC without requiring a trusted wrapping mechanism
arxiv.org
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BOB: The Gateway to Bitcoin DeFi
It’s been over two years since the Bitcoin renaissance began with the launch of Ordinals - and over a year since BOB mainnet went live.
Bitcoin is the world’s most valuable digital asset and the 10th largest currency globally. Yet, despite its dominance, Bitcoin remains largely untapped in DeFi.
While Ethereum has achieved ~30% DeFi TVL penetration, Bitcoin lags at just 0.3%. That’s a 100x growth opportunity - worth roughly $750 billion in latent capital.