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tBTC and EigenLayer: New Way to Earn from Bitcoin

  • tBTC can now be deposited on EigenLayer to earn rewards, making it the first BTC asset to offer incentives.
  • Users can lock up their Bitcoin and mint tBTC, a token that works on Ethereum, allowing them to use their Bitcoin in new ways while earning rewards.
  • Threshold Network is offering $45,000 in T incentives over the next three months for users who restake their tBTC with EigenLayer.
  • This new opportunity is a significant step forward for Bitcoin staking and the broader BitcoinFi ecosystem, allowing users to earn rewards while exploring new financial trends.

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