What is Keep?
Keep allows developers to use Bitcoin safely in Ethereum DeFi
Decentralized finance (DeFi) is one of the most exciting sectors to watch in 2020. Over the past year the amount of ETH locked in DeFi applications has grown from roughly $300 million to over $1 billion. tBTC’s developers have developed a solution that best utilizes the respective strengths of BTC and ETH to deliver a new product. The key point for users is that tBTC makes it possible to safely and transparently use Bitcoin to act on Ethereum:
tBTC lets you earn with your BTC in 3 simple steps
tBTC, an ERC-20 token fully backed by BTC, can help alleviate uncertainty for first-time DeFi users. The token, currently live on the Ropsten testnet, allows people for the first time to safely use BTC on the Ethereum blockchain. More than that, by combining the strengths of both chains, it offers users a safe and simple way to participate in the growing DeFi space.
Throughout this section of our Knowledgebase, we'll cover Keep basics of staking, distribution & key generation, and beacons. The article list on your right will guide you through our Keep section here in the KB
For more info on moving your BTC over to Defi to start earning interest without intermediaries:
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