Discover and read the best of Twitter Threads about #rBTC

Most recents (3)

1-10
Today I’ll show you how we can pay for Rent and Living Expenses with our #Bitcoin without selling them.

Using #ZERO from @SovrynBTC , a #DEFI platform running on @RSKsmart , a sidechain that uses #BTC as its native currency as it is merged mined by the BTC miners
2-10
All we need to get started is some #Bitcoin and an @RSKsmart enabled wallet, I personally use @Liquality_io , but @MetaMask or @defiantApp work as well.

We exchange our #BTC for #RBTC using the #FastBTC bridge from @SovrynBTC at live.sovryn.app/fast-btc/depos…
3-10
The #RBTC is always backed 1 to 1 with #BTC and can be traded back and forth

This maintains their value, and once in the @RSKsmart blockchain we can take advantage of #SmartContracts and #DEFI platforms like @SovrynBTC , @moneyonchainok and @tropykus secured by #BTC
Read 10 tweets
Métodos (algunos) para pasar #BTC a #rBTC 🧵:

1️⃣ FastBTC (de @SovrynBTC):

Min Tx: 0,0004 BTC
Fees: 5K sats + 0,2% per Tx

Dapp alpha.moneyonchain.com y conectar wallet
wiki.moneyonchain.com/v/espanol-1/co….

Clic en el botón #Bitcoin.

Guía: wiki.moneyonchain.com/v/espanol-1/co…
2️⃣ Powpeg nativo de @rsksmart_es

Mín: 0,01 #BTC
Tiempo aprox: 17 hs (100 Bloques de #Bitcoin).

2️⃣.1️⃣ En @defiantApp
Guía en 🇬🇧, pero tiene video en 🇪🇸.
Integrado en mobile wallet.

wiki.moneyonchain.com/getting-starte…
2️⃣.2️⃣ En App desarrollada por #IOVLabs.

2wp-app.rsk.co
Read 10 tweets
Using rBTC.

Today, +1600 rBTC are locked on RSK, a #Bitcoin sidechain.

This is growing and will grow faster in the coming months / years.

rBTC is now super cheap to use, for payments, to trade and use it on DeFi protocols.

explorer.rsk.co

A thread 🧵

1/20 Image
Costs (and time)

The cost of using #rBTC vs #BTC makes it obvious for Bitcoiners to use it on a daily basis (even if you are not using #DeFi)

This is especially true as an alternative of using #BTC on #Ethereum.

rskgasstation.info

2/20 Image
Lending/Borrowing/MargingTrading/Trading

With $rBTC you can lend / borrow on Sovryn, use the AMM, provide liquidity for trading, take margin trading, and also stake and earn with $SOV, a governance token.

https://www.sovryn.appSovryn

3/20 Image
Read 20 tweets

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