From niche to necessary! 🌟 Discover how opinions on crypto have evolved with insights from Ophelia Snyder, Co-founder and President of 21.co. #21Shares#CryptoInsights
6/ 21BTC’s DEX Liquidity reached the $1M Mark with the launch of the liquidity vault
22% of the liquidity now comes from the Kamino Liquidity Vault. This deep liquidity has paved the way for more potential DeFi integrations in the future, including Lending, Borrowing, etc.
5/ 21BTC Kamino Liquidity vault has now reached $220k TVL with 47 depositors
It marks the first integration of 21BTC in the Solana DeFi ecosystem with 3 of the largest protocols, Kamino, Jito, and Raydium
Disclaimer: 21.co Wrapped Tokens are not available in certain jurisdictions, including the United States. These Tokens are not available to US Persons and US Persons will not be permitted to mint/burn.
4/ Jito will also expand to Restaking, which is a $15B sector on Ethereum
Users and teams will be able to participate in restaking using any SPL tokens (Potentially 21BTC) to help secure new onchain products and services
3/ With MEV reward, Solana Stakers can increase their staking yield by an additional 0.23% APY
jitoSOL is one of the first MEV-Powered LSTs, providing holders additional staking rewards coming from MEV
Disclaimer: 21.co Wrapped Tokens are not available in certain jurisdictions, including the United States. These Tokens are not available to US Persons and US Persons will not be permitted to mint/burn.
3/ Raydium's Concentrated Liquidity Market Maker (CLMM) provides a better UX for Liquidity Providers
In CLMM pools, users can select a specific price range to provide liquidity. This design enables capital to be deployed with higher efficiency and earn increased yield from fees
Disclaimer: 21.co Wrapped Tokens are not available in certain jurisdictions, including the United States. These Tokens are not available to US Persons and US Persons will not be permitted to mint/burn.
Disclaimer: 21.co Wrapped Tokens are not available in certain jurisdictions, including the United States. These Tokens are not available to US Persons and US Persons will not be permitted to mint/burn.
BTC has found its SOLmate ❤️: 21BTC
21BTC on Solana gives you:
• BTC that's native to Solana
• No Lock-And-Mint technology
• 100% Backed by BTC
• Institutional-grade security
• Deep liquidity
• Operational excellence
Here's what you need to know👇
🌱 21BTC is a native Solana token: 21BTC gives easy native access to Bitcoin on Solana similar to how Circle’s USDC integrates with many chains—no bridges.
🗝️ No Lock-And-Mint technology: Bridges are known for vulnerabilities. Native access to BTC on Solana means better security—and true opportunities for self-custody.
⚖️ 100% Backed by BTC: All reserves are held 1:1 with third-party custodians.
🔓 Institutional-grade security: 21BTC is 100% physically collateralized, with underlying Bitcoin held in cold storage by third-party custodians leveraging multisig protocols.
🌊 Deep liquidity: As a crypto-native team, our trading relationships and capabilities ensure liquidity at scale.
⚙️ Operational excellence: Minting and burning is facilitated through 21.co’s Onyx asset management operation protocol, which has successfully processed billions of order flow of our ETPs.
Disclaimer: 21.co Wrapped Tokens are not available in certain jurisdictions, including the United States. These Tokens are not available to US Persons and US Persons will not be permitted to mint/burn.
21BTC has found its SOLmate 🧡 @chainlink
21BTC provides native access to Bitcoin on Solana, and with the integration of @chainlink Proof of Reserve, we’re delivering even more transparency. This allows users to verify that all tokens are fully collateralized in real-time.
In the next few weeks we’ll be introducing Secure Mint enabled by Chainlink to automatically detect collateral and prevent overminting, ensuring 21BTC always remains fully backed.
Disclaimer: 21.co Wrapped Tokens are not available in certain jurisdictions, including the United States. These Tokens are not available to US Persons and US Persons will not be permitted to mint/burn.