Special Episode ckBTC - Bitcoin Integration with Finterest - Olliver Barr

We kick off this series of short ckBTC-focused episodes with Finterest. The first loan protocol on the Internet Computer.

Finterest is fully utilizing the Internet Computer #Bitcoin integration to allow for Native lending and borrowing of Bitcoin for the first time in history! DeFi has been changed forever.

Finterest lets you supply assets to the protocol and earn yield upon them, paid by borrowers who can take overcollateralized loans. Each asset is a different money market that has its own APY, supply rate and borrow rate. Interest rates for lending are borrowing are ruled completely by supply and demand on the protocol - that is, if a market has a big amount of value borrowed, suppliers will earn a more rewarding yield than if there was very little borrowed.

Finterest: https://linktr.ee/finterest

ckBTC:

https://www.youtube.com/watch?v=cBZlTX818L8&t=1213s

https://www.publish0x.com/moses-on-chain/is-ckbtc-for-real-or-is-it-just-an-alien-tech-xozjkdj

https://internetcomputer.org/docs/current/developer-docs/integrations/bitcoin/ckbtc