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Build on Bitcoin CEO: DeFi’s TVL Skyrockets with Bitcoin’s BitVM-Powered Push

  • BOB (Build on Bitcoin) has laid out a phased development roadmap to enhance its capabilities as a Hybrid Layer 2 protocol, aiming to push for Bitcoin DeFi.
  • BOB aims to bridge Bitcoin and Ethereum ecosystems, leveraging BitVM to expand Bitcoin's role in DeFi and unlock cross-chain liquidity.
  • The three-phase roadmap includes Ethereum L2 integration, a Bitcoin finality protocol, and a full transition to a Bitcoin rollup, enabling advanced DeFi features like BTC staking.
  • BOB CEO expects retail and institutional users to join Bitcoin DeFi as interest in DeFi and on-chain yield grows.

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