bfBTC Technical Overview

bfBTC is BitFi's BTC liquidity staking token, allowing users to deposit BTC, BTCB, and WBTC across different chains and mint bfBTC based on the exchange rate. Users can redeem bfBTC for their deposited assets plus accrued yield by burning bfBTC.

bfBTC is based on a modified ERC-20 protocol.

Deployment Networks:

  • Ethereum Sepolia (Testnet)

  • Binance Smart Chain Testnet

  • Bitlayer Testnet

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