Badger Interest Bearing Bitcoin
IBBTC

16,357
$
0.00 %
Change 24h
Market Cap
$ 1,601,956
Volume 24h
$ 83.12
Circulating Supply
84
Total Supply
288
IBBTC
$
# Exchange Pair Price Volume 24h

Description

Badger's Interest Bearing Bitcoin is a token that uses underlying yield bearing assets to stay close to the Bitcoin price. By creating a basket of trusted DeFi primitives you can diversify your holdings of bitcoin synthetics and hedge against when one of the underlying tokens deviates from the peg. As ibBTC is made up of yield bearing underlying assets, it also has a native yield so you can gain interest on your assets just by holding the token.