OP_NET introduces Bitcoin DeFi with a new “SlowFi” stack
- OP_NET has launched a “SlowFi” DeFi stack that operates directly within standard Bitcoin transactions.
- The platform uses BTC as the sole gas asset, eliminating the need for bridges or wrapped BTC.
- This initiative aims to enhance accessibility and efficiency in Bitcoin transactions.
- By avoiding wrapped assets, OP_NET seeks to reduce potential risks associated with cross-chain operations.
The introduction of the “SlowFi” DeFi stack marks a significant step towards integrating smart contracts directly into Bitcoin, enhancing its utility without relying on external mechanisms like bridges.
With this launch, OP_NET is positioning itself at the forefront of Bitcoin’s evolution in decentralized finance, utilizing BTC exclusively for transaction fees. (Source)
