Hemi Tunnels: A Native Approach to BTCFi
Hemi outlines a Bitcoin-native path for BTCFi using Hemi Tunnels, combining Proof-of-Proof anchoring, an EVM-compatible VM, and BitVM-style trust-minimized flows to activate BTC in DeFi without wrapped assets or custodians.
hemi.xyz/blog
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Why the Future of BTCFi Requires Hemi Tunnels
Institutions today hold over 2.6 million BTC ($260B+), yet less than 0.8% of this capital participates in DeFi. Why? Because legacy activation methods, like Wrapped BTC (WBTC, tBTC, cbBTC), introduce:
· Custodial risk from centralized or federated minting schemes
· Redemption delays and friction during volatility
· No enforcement of Bitcoin consensus, leaving security dependent on third parties