In today’s briefing:
- Earn Yield on Bitcoin
Earn Yield on Bitcoin
- There is no yield can be earned directly on the Bitcoin network, tokenized BTC on Ethereum open up yield opportunities.
- Using a combination of Curve Finance and Convex Finance, one can earn around 2% yield on BTC.
- Non-Stable pools in both Curve Finance and Uniswap v3 provide higher yield, however, one needs to consider the impermanent loss when providing liquidity for these pools.
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