<ul><li>Cardinal Protocol introduces decentralized Bitcoin DeFi on Cardano using wrapped UTXOs and MuSig2.</li><li>The platform allows trustless yield generation and supports Ordinals as collateral, with plans for future upgrades.</li><li>Cardano founder Charles Hoskinson launches Cardinal Protocol, offering pure on-chain interaction and interoperability with Bitcoin.</li><li>The integration of Ordinals as collateral and upcoming enhancements like zero-knowledge proofs and deeper liquidity pools aim to boost the utility and ecosystem growth of Cardinal Protocol.</li></ul>

Cardinal Protocol Ignites a New Era for Bitcoin DeFi on Cardano

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