tBTC Liquid Restaking Live: InceptionLRT Enters the BTCfi Era
We are thrilled to announce the integration of tBTC, our first-ever Bitcoin derivative, into our pool of liquid restaking solutions. Through this integration, Bitcoin users can now leverage intBTC, Inceptions isolated liquid restaking token for tBTC, allowing for seamless restaking while maintaining liquidity. This milestone provides BTC holders the unique opportunity to make the most out of their BTC holdings in the rapidly emerging landscape of BTCfi (Bitcoin in Defi).
By restaking tBTC through EigenLayer, users can unlock the full potential of their assets, benefiting from the power of Bitcoin alongside the flexible rewards of decentralized finance (DeFi). This Integration opens new doors for BTC holders to elevate their portfolios while maintaining exposure to the world’s most valuable digital asset.
If you're new to liquid restaking and want a deeper understanding of how it works, check out this article: A Comprehensive Look at Restaking
What is tBTC?
tBTC is an ERC-20 token backed 1:1 by Bitcoin, allowing users to engage with the Ethereum and DeFi ecosystem without sacrificing their exposure to Bitcoin.
By bridging Bitcoin to various DeFi platforms, tBTC boosts the yield potential of the estimated 220 million Bitcoin holders worldwide. The asset leverages threshold signatures and decentralized cryptographic protocols to minimize trust while providing robust support for cross-chain operations.
Learn more about tBTC by visiting the official website.
Who is Behind tBTC?
tBTC was originally built by Thesis, a company focused on building open-source projects that drive the adoption of decentralized technologies. The Thesis team was also responsible for the creation of the BTC to tBTC bridge.
Today, tBTC is operated and maintained by the Threshold Network, a decentralized cryptographic network that provides privacy and security solutions for digital assets.
The Threshold Network provides the infrastructure, decentralization, and security that underpin the continuous operation of tBTC and its related services. Formed through the merger of Keep Network and NuCypher, Threshold ensures robust, decentralized custodianship and minting operations for tBTC.
Learn more about Threshold Network by checking their official website.
How to Restake tBTC on InceptionLRT
Users can now restake their tBTC on InceptionLRT’s platform through EigenLayer, unlocking new opportunities for yield optimization. By leveraging intBTC, users can restake their Bitcoin holdings while maintaining liquidity and gaining access to broader Defi composability.
Access InceptionLRT’s dApp to start restaking your tBTC, convert them into intBTC, and start optimizing your rewards. Check out our restaking dashboard for more information on how to get started:
tBTC Liquid Restaking on the InceptionLRTs dApp (Source)
Benefits of intBTC
InceptionLRT’s isolated liquid restaking token for tBTC: intBTC, offers numerous advantages for users seeking to make the most out of their Bitcoin holdings. Here are some of them:
-
Maximize Your BTC Position: By bridging BTC to DeFi through tBTC and restaking with intBTC, you unlocking additional yield potential while benefiting from intBTC’s composability across DeFi protocols. This allows you to fully leverage your BTC in new ways.
-
Minimized Risk: With intBTC, each restaked asset is managed independently through InceptionLRT’s Isolated Liquid Restaking (iLRT) model, ensuring isolated risk for your tBTC holdings. This approach offers precision and control over your restaking strategy.
-
Instant Withdrawals: Enjoy full flexibility with Inceptions Flash Unstake module, allowing you to withdraw your intBTC instantly. Unlike other restaking protocols that require unbinding periods, InceptionLRT’s Flash Unstake lets you access your assets whenever you like.
Put your Bitcoin to Work Today!
Now that tBTC is live on InceptionLRT, you have the opportunity to enhance your Bitcoin portfolio without sacrificing liquidity. Take full advantage of BTC’s unmatched potential in DeFi while enjoying increased security, diversified rewards, and the flexibility of instant withdrawals.
