BIMA (https://bima.cash/), a DeFi ecosystem, at the moment introduced the launch of its mainnet, enabling each skilled and retail buyers to entry permissionless institution-grade yield methods globally with out promoting their Bitcoin. The platform introduces USBD, a capital-efficient stablecoin over-collateralized by Bitcoin derivatives, providing buyers new choices for producing yield whereas sustaining their BTC positions.
“As we speak’s mainnet launch represents the end result of our mission to create a greater answer for Bitcoin holders,” stated Sid Sridhar founder and CEO of BIMA. “Now stay and accessible to all customers, our platform permits BTC holders to borrow at charges of simply 1-2% whereas incomes yields of 12% or increased – addressing the inefficiency of conventional lending markets the place borrowing prices sometimes exceed returns.”
With the mainnet now operational, buyers can instantly entry BIMA’s ecosystem of vault methods providing various risk-reward profiles. These vary from delta-neutral methods incomes 15-20% APY to higher-volatility choices able to producing between 30-60% APY. Customers can deposit Bitcoin instantly or stake their BTC to obtain liquid-staking derivatives (LSTs), then place these belongings into vaults to mint USBD at a 150% minimal collateralization ratio.
As a U.S.-based firm getting into the market with a totally operational platform, BIMA’s mainnet launch delivers a complete safety infrastructure that includes over-collateralization safeguards and a stability pool that effectively resolves under-collateralized positions. The platform integrates with main wallets, together with Ledger, MetaMask, and XVerse, permitting customers to begin minting USBD by way of a simple five-step course of.
For extra info and to entry the stay mainnet, go to https://bima.cash/.
About BIMA
BIMA is a DeFi protocol that enables Bitcoin holders to entry short-term liquidity whereas sustaining upside of their long-term BTC positions. The platform’s distinctive USBD stablecoin permits customers to borrow at low charges whereas incomes substantial yields by way of numerous vault methods. BIMA presents institution-grade yield alternatives beforehand unavailable to retail buyers, with danger profiles starting from conservative to growth-oriented.
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