Bitcoin Collateral

Hello all!
I had this idea earlier today, and decided to bring it into the forum.

I remember the older Hifi Public Beta Preview had Bitcoin as collateral in the lending protocol.

As the project is currently in liquidity / TVL bootstrapping phase with different mechanisms, I was wondering if it would be a good idea to bring back Bitcoin.

As Hifi’s strategy has always been to go where the users are, it’s safe to say that Bitcoin is a large and also safe token to onbard. This could also open the way for other reliable tokens that are well known, part of the classic token collateral of the protocol.

While RWAs are the main focus, I understand that implementing a classic token might require a proper marketing strategy aligned with the implementation, to bring people onboard with the collateral. However, I am exposing the idea to trigger discussions and see if it would make sense to fit in a 2025 Roadmap.

Cheers!

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