The BitFi Solution: A CeDeFi Hybrid Approach

BitFi's CeDeFi approach distinguishes itself by focusing on delivering native BTC yield to users.

We recognize that while funding rate arbitrage can provide stable returns, it requires specialized expertise and robust risk management, limiting access for the average BTC holder. BitFi simplifies this process. Leveraging Ceffu's MirrorX solution, we enable mirrored trading without requiring users to transfer assets to centralized exchanges.

This ensures ample market depth while significantly reducing platform risk and providing users with direct access to arbitrage strategies. By combining the strengths of CeFi and DeFi, BitFi creates a multi-chain yield platform for Bitcoin holders.

Currently, we support deposit and withdrawal of BTC assets across major blockchains including Bitcoin, Ethereum, and Binance Smart Chain. We plan to expand support to additional Bitcoin-compatible blockchains in the future.

Liquidity Solutions with bfBTC and bfUSD

Unlike typical CeFi platforms, BitFi unlocks liquidity staking yields for Bitcoin. In addition to CeFi-like custodial yield solutions, BitFi leverages on-chain ecosystems to provide users with enhanced DeFi yields.

Upon depositing assets on the BitFi platform, users receive corresponding liquidity staking tokens, bfBTC and bfUSD. These ERC-20 compatible tokens seamlessly integrate with various DeFi protocols, unlocking multiple yield opportunities.

While user assets are securely held under BitFi's custody solution, the received bfBTC and bfUSD can freely circulate within the ecosystem, enabling participation in DeFi mining, liquidity provision, governance, and other yield-generating activities.

This innovative mechanism allows users to generate multiple layers of yield from a single asset, significantly improving capital efficiency.