• Are Bitcoin Miners Ready for DeFi? The Truth Might Shock You

  • Aug 27 2024
  • Length: 49 mins
  • Podcast

Are Bitcoin Miners Ready for DeFi? The Truth Might Shock You

  • Summary

  • Jedi hosts return guest Rich Rines from CoreDAO as they talk about new developments in the Bitcoin DeFi space.

    They discuss CoreDAO's mission to help scale Bitcoin and address security budget concerns by creating new revenue streams for miners through staking and DeFi activities.

    The conversation highlights CoreDAO's growth, including a rise in Total Value Locked (TVL) and user engagement. Rich emphasizes the need for a symbiotic relationship between Bitcoin and CoreDAO to maximize Bitcoin's liquidity and ensure its sustainability.

    The discussion also explores the technical integration between the networks and the challenges of educating and involving Bitcoin miners and holders in this new model.

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