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- Money on Chain celebrates two years
- 25% APY on BTC: Unique Offer for All Bitcoiners (BTC)
Money on Chain, a series of solutions designed to bring decentralized financial operations to the Bitcoin (BTC) blockchain, is 2 years old today. Since its inception, it has released a BTC staking module, stablecoins, and a liquidity mining program.
Money on Chain celebrates two years
Today, on January 22, 2022, the Money on Chain (MoC) protocol celebrates its two-year anniversary. In the last month, the ecosystem has achieved some impressive milestones on the way to integrating Bitcoin into DeFi.
As of early Q1 2022, over $50 million is locked into DeFis on Bitcoin; The Money on Chain ecosystem is responsible for 50% of this huge amount.
Money on Chain (MoC) has released the BPro token to allow Bitcoiners to rent their BTC positions, with free leverage, passive income, and literal flexibility.
In recent months, the BPro token has outperformed the underlying asset (spot Bitcoin) by 25%, making it a viable hedge alternative for BTC holders. BPro holders can stake their assets to receive rBTC rewards periodically. A total of 0.25% of BPro revenue is transferred back to the Money on Chain (MoC) protocol.
25% APY on BTC: Unique Offer for All Bitcoiners (BTC)
In addition, MoC tokens, the core native asset of Money On Chain, can be staked with a reward of 12.43%. Generally, Bitcoin (BTC) holders can enjoy up to 25% APY on their deposit.
Max Carjuzaa, Money on Chain co-founder and contributor, is fascinated by the progress his product has made and the outlook opened up by its latest releases:
The past two years have proven the model’s robustness and outstanding performance, even in the not-so-best market situations. What Money On Chain promised at launch has been successfully delivered and continues to grow.
Besides Bitcoin staking protocols and lending/lending models, the MoC’s product ecosystem includes RIF Dollar-on-Chain (RDOC), a USD-pegged stablecoin on Bitcoin.
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