> For the complete documentation index, see [llms.txt](https://bitfi-2.gitbook.io/bitfi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bitfi-2.gitbook.io/bitfi/readme.md). # Welcome to BitFi ## BitFi Overview **BitFi** is an on-chain asset management platform with over $480M in assets under management. We leverage a unique **CeDeFi** architecture to deliver institutional-grade native yields combined with DeFi returns, serving both institutions and individual investors. ## Vision BitFi aims to be the safest and most efficient CeDeFi yield platform, enabling every user to access stable, transparent, and diversified returns across markets. ## Core Advantages * **CeDeFi Hybrid Yield:**\ Seamlessly integrate centralized finance (CeFi) and decentralized finance (DeFi) strategies to deliver consistent, high-quality yields. * **Institutional-Grade Infrastructure:**\ Built by a team with deep experience from both Wall Street and top DeFi protocols, BitFi bridges TradFi expertise with DeFi innovation. * **Comprehensive Product Suite:** * **bfBTC:** Yield-bearing liquid staking token for BTC * **bfUSD:** Yield-bearing stablecoin backed by USDC/USDT * **Proven Traction:** * $480M+ in assets under management * Over 20,000 retail users * Native APR 6+% * **Robust Security:**\ Multi-layer risk management, audited smart contracts, and institutional-grade custody partners. * **Strong Backing:**\ Supported by **Fundamental Labs**, **CGV Fund**, **Hemi Labs**, **Citizen Journalists Network**, **IBC**, and other leading investors. ### bfBTC bfBTC represents BitFi's native route for Bitcoin holders to unlock CeDeFi yields. The token is minted when BTC is bridged on-chain, then deployed into mirror trading, liquidity, and DeFi strategies coordinated by Ceffu's MirrorX engine. The resulting revenue—combined with protocol-level incentives—is distributed back to bfBTC holders, so the token's exchange ratio steadily grows while remaining redeemable 1:1 for native BTC across chains. ### bfUSD bfUSD is a fully collateralized USD stablecoin minted from USDT and USDC with Chainlink-secured pricing. Holders can stake bfUSD into the low-risk Horizon pool (hbfUSD) or the higher-yield Pulsar pool (pbfUSD), each operating as ERC-4626 vaults with target APYs (9% for hbfUSD, 17% for pbfUSD). Yield stems from the pooled staking revenue, cross-pool insurance buffers, and boosted distributions from the Horizon pool, while redemption paths (standard and instant) preserve capital stability. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://bitfi-2.gitbook.io/bitfi/readme.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.