It's shout out time again 🗣️ Want to thank @FireblocksHQ for integrating with @build_on_bob to connect 2000+ institutions to BTC‑secured DeFi on BOB. There are clear signs that many institutions want DeFi under the hood, and BOB's best in class EVM & DeFi infrastructure will allow their users to enter DeFi in the most seamless and secure manner.

The '1-of-N' security of BOB's BitVM bridge is powerful. But what does it really mean? Imagine an operator wants to steal your BTC from the bridge. They make a fraudulent withdrawal claim. This starts a 7-day timer. During that week, anyone (challengers) who sees the fraud can post a tiny transaction on Bitcoin that says, "I challenge this". This single challenge forces the fraudulent operator into a corner. They must now publicly prove on-chain, how they arrived at their fraudulent result. Because it's based on a lie, they will inevitably fail. The moment they fail, the protocol automatically punishes them, slashing their collateral, removing them as an operator and the fraudulent withdrawal is cancelled.

BOB's BitVM bridge represents a big breakthrough for BTC DeFi but it is the support of industry leading institutions that makes it stand out. Catch BOB Co-founder @dom60808 host our institutional partners @ankr, @P2Pvalidator and @Rockaway_X for a chat about their perspective on BitVM adoption. July 25th, 1 pm UTC Go spread the word ↓

Flashback to the @aave & friends DeFi summer day

@ethereum Interoperability: The Key Unlock for DeFi with @amandacassatt, @gluk64, @PhilippZentner, @alexeiZamyatin, and @GAmitej.

BOB 🧡 ZK 🧡 Bitcoin Excited to be working with our friends at @boundless_xyz to push the frontiers of ZK, Bitcoin and DeFi

Today: Using Bitcoin in DeFi requires the use of custodial wrapped tokens. Soon: With @build_on_bob BitVM bridge, your BTC is never custodied. It's locked on the Bitcoin mainnet in a publicly auditable contract. This means no more IOUs. BOB facilitates BTCFi directly from your Bitcoin wallet.

ETH will never flip Bitcoin, but Bitcoin DeFi will flip ETH DeFi. BOB’s mission is to put Bitcoin at the heart of DeFi, bringing about this flippening within the next 2 years... Unlocking over half a trillion in liquidity. It's not a matter of if, it's a matter of when 🤝

Building a "Bitcoin-only" L2 isn't principled, it's actually a self-imposed handicap. Here at @build_on_bob we are pragmatists. We use Bitcoin for what it is unmatched in—security. We also use the EVM for what it is best at—DeFi.

There are many indicators why Bitcoin will surpass Ethereum in DeFi TVL, and few why it won't. All that is needed is optimal infrastruture that allows for the best of Bitcoin and Ethereum to operate harmoniously under one user-friendly roof. Meeting the strict demands of both user bases is the key to unlocking DeFi on Bitcoin.