OrdiBank

OrdiBank's Cross-Chain Proof-of-Concept (PoC) is now live 🥳 A quick walkthrough of the process, after accessing it here: poc.sandbox.ordibank.org 🧵1|5

Bitcoin dominance at 3-year highs 💪 There is no stronger foundation for DeFi to be built on top of 🟠 #BTCFi

Me trying to explain OrdiBank and the potential of an interoperable Bitcoin <> Ethereum lending market to my gf p.s. She is totally getting it

To unlock this dormant liquidity, there needs to be a strong connecting tissue between Bitcoin and Ethereum. It is this interoperability that OrdiBank is building – a cross-chain lending & borrowing platform b/w Bitcoin and Ethereum 🏛

A fantastic highlight from @CoinMarketCap on the future of #BTCFi: • Technological evolution: Bitcoin DeFi is evolving through new protocols that bring smart contracts and scalability • Current ecosystem: Leading BTCFi projects are enabling services like lending and yield generation, transforming Bitcoin into programmable money • Challenges and opportunities: Bitcoin DeFi faces technical scalability challenges but offers immense growth potential in yield products, decentralized exchanges, and institutional finance. In particular, the report highlights the potential of applications like lending platforms for Bitcoin assets 👀 Or....what OrdiBank is building in the form of a cross-chain lending & borrowing platform b/w Bitcoin and Ethereum 🏛

The future is cross-chain OrdiBank is building towards exactly that, implementing a cross-chain lending & borrowing platform b/w Bitcoin and Ethereum 🫡

Choose your heroes carefully, anon 🟧

Lending protocols are the second biggest category of DeFi primitives by TVL on all chains, according to @DefiLlama 🔁 • Total Lending TVL: $31.1 billion • TVL on Ethereum: $15.5 billion (50%+ of total TVL) • TVL on Bitcoin: just starting 💡 Remember: Bitcoin DeFi is still warming up, even though the BTC has ~4x the market cap of Ethereum. 🏛 Imagine the potential for a cross-chain lending and borrowing protocol like OrdiBank, bridging the worlds of Ethereum and Bitcoin

And while you are at it, try out the OrdiBank POC: poc.sandbox.ordibank.org/main 7|7

Here, @FTI_DA speaks on the potential of lending and borrowing protocols. Now, imagine the prospects of OrdiBank as the 1st movers on the network with the highest market cap 👀 6|7 x.com/Ordibank/statu…

🏛 OrdiBank weekly highlights A roundup of all the updates from the OrdiBank and #BTCFi ecosystems 🧵1|7

What new Bitcoin DeFi protocols have you been using or are excited for? More Bitcoin-native builders are always welcome! ⚡️

OrdiBank has successfully released the initial Proof of Concept (POC) for the cross-chain lending & borrowing platform. What's next? 🏛 Some development updates: Current Work, Infrastructure & Next Steps Over the past week, the team has finished the reverse flow of the POC – depositing $USDT for $BTC loans. It will be implemented in the Alpha version of the dApp, with the new UI, and lay the groundwork for more complex workflows down the line. Our current area of focus is on implementing the reclaim and liquidation logic, critical to the platform's future features. We are also working on a loan module so all collateral across different chains are part of a single position. Design and UX As we move into the next phase, the Alpha, it is going to include a completely upgraded design and user experience (UX). The upcoming Alpha release will include: • More workflows • Additional asset support • A refined UI & UX to ensure a smoother interaction with the platform OrdiBankers, thank you for the continued support 🫡 And stay tuned for more info coming soon!

Bitcoiners, OrdiBank is here to onboard more people to Bitcoin’s native layer 🤝 What can be better than cross-chain lending & borrowing for that?

OrdiBank 🔜

With more Bitcoin adoption, #BTC will also become the primary base asset for borrowing & lending DeFi use cases. 🏛 OrdiBank is focused on building a user-friendly cross-chain lending & borrowing platform, bridging the gap between the worlds of Bitcoin and Ethereum.

DeFi lending protocols getting the spotlight from @FTI_DA 📰 A quick TL;DR: • These markets hold $33B+ in deposits and $15.6B+ in borrows, making lending & borrowing the second-largest protocol category • Enhanced global access to competitive interest rates beyond local markets Now, imagine what happens when OrdiBank with its cross-chain applicatons between Bitcoin L1, the largest chain, and Ethereum, the chain with the most TVL and stablecoins issued, goes live? 👀 🏛 Few