All BTC services are now back online. BTC swapping is fully operational, previously stuck BTC transactions have been processed, and LP deposits and withdrawals are functioning as expected. The root cause

Each swap on Chainflip has multiple impacts beyond asset movement: – Broker fees are generated – Liquidity providers get paid – $FLIP tokens are burned This means every trade bolsters the protocol as well

However, it appears that Chainflip has found a solution with native BTC lending that requires no wrapping! Here's a thread on this trillion-dollar opportunity 👇

Out of $2.3 trillion in Bitcoin, only around $20 billion is generating yield. Why? Bitcoin enthusiasts lean towards using native rather than wrapped BTC.

Insightful discussion on how Chainflip is primed to revolutionize native BTC lending. DeFi faces a Bitcoin dilemma! 🧡

Swappers enjoy improved pricing. Integrators find new revenue opportunities. Liquidity providers benefit from more efficient yields. Chainflip offers a protocol that benefits all parties in the trade.

This is due to current BTC lending relying on wrapped versions like WBTC or cbBTC, which undermine tax efficiency and add custodial risk.

1/ BTC holds the top spot in crypto assets. However, when it comes to DeFi lending, it's not naturally integrated. Why?

Liquidity providers, wallets, and aggregators are all adopting Chainflip for a key reason: Improved pricing, enhanced liquidity, and native settlement. That's the Chainflip edge.

Chainflip allows for the direct swapping of native $BTC for $ETH and other cryptocurrencies, eliminating the need for fiat or wrapped tokens. This process is designed to minimize price impact. Here's a

A big thank you to the Chainflip LPs for ensuring the swap operations run smoothly. Your support powers the seamless exchange process! 🧡

#chainflip $flip

🐳 Swap 📥 6.47 BTC ($753,336.83) 📤 192.595118 ETH on Ethereum ($751,409.52) ⏱️ Time: 20 min 🟢 Difference: -$1,927.31 (-0.26%) 📓 Parts: 76/76 ⚡ Increased speed for $376.67 🏦 via a service

Exchanged 6.5 BTC for ETH in just 20 minutes with a slim -0.26% variance. Paid 0.05% to expedite and successfully moved $753K quicker than a lunch break.

🚨 $1.7M MOVE ALERT 🚨 A transfer of over 15 BTC occurred across chains in just 37 minutes with only a 0.25% slippage. Let's see more of these 💪

🐳 Swap 479.6 ETH on Ethereum ($1,732,559.19) received 15.016831 BTC ($1,728,281.76) sent Duration: 37 minutes Delta: -$4,277.44 (-0.25%) Chunks: 174 out of 174 Platform used #chainflip $flip

Ending the week on a high note 💪 Achieved a $1.7M+ cross-chain swap with just -0.25% slippage through a cutting-edge platform. Hello there! 👋

The Chainflip platform managed this seamlessly. The Ethereum to Bitcoin exchanges are gaining momentum. #chainflip $flip

🐳 Swap: 430 ETH worth $1,668,156.38 into 13.958418 BTC valued at $1,658,073.04 ⏱️ Duration: 38 minutes 🟢 Difference: -$10,083.34 (-0.60%) 📓 Process: 167 transactions

A longtime Ethereum investor has transitioned a substantial six-figure sum into Bitcoin directly on the blockchain, skipping intermediaries.