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Unlocking the potential of dormant Bitcoin in DeFi

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 58 Views

Reactivating idle BTC in DeFi through restaking can unlock liquidity, enhance stability, and turn Bitcoin into a productive asset without compromising its role as a store of value.

Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO

Bitcoin is the principal asset of the cryptocurrency world and even one of the world’s top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market only works with a fraction of the circulating supply each year. 

This idle Bitcoin has an enormous amount of untapped financial potential.

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