BTCfi on SUI @SuiNetwork has been really hot lately.
BTCfi was quiet for six months, with troublesome transactions and mediocre returns.
Like WBTC or ReStake BTC, when you need a quick withdrawal, you'll be hit with a slashed price or stuck for two weeks, which is incredibly frustrating.
But this time, SUI partnered with OKX @okx to launch xBTC, offering generous subsidies. The experience is completely different. 👇
💡 xBTC in a nutshell:
OKX custody, 1:1 support for BTC.
Withdraw BTC = receive xBTC, and use it to earn money staking or forming an LP on Sui.
Unlike WBTC/Restore BTC, which offer slow withdrawals and slashed fees, OKX is being truly generous.
📈 Current Opportunities:
NAVI × OKX Promotion (1 Week Only)
Deposit BTC: 2.128% APY
Borrow SUI: 3.8% APY (essentially paying interest 🔥)
Stake SUI → Total Return Nearly 10%+
For DeFi players, this is a "easy, easy money" game. 😎 I love the feeling of not having to trade and yet still having more coins.
Hey guys, if you find any other gold mines on SUI, let me know!