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dlcBTC Restaking Vault on Nektar

You can deposit wBTC into the vault, which earns yield in DeFi.

And you also start accruing Nektar Drops.

dlcBTC Restaking Vault on Nektar overview

Phase 1​

After dlcBTC is live on Ethereum, wBTC deposits will be swapped for dlcBTC. You will then earn both Nektar Drops and DLC.Link points.

Phase 2: Full Integration​

When Nektar is live, the dlcBTC is supplied as collateral and will be used to borrow ETH. ETH will then be repurposed on Nektar Network. Restaking rewards will compound in dlcBTC, i.e. more collateral.

πŸ‘‰Β Visit the dlcBTC Restaking Vault on Nektar to get started https://dlcbtcstakingpool.enzyme.community

See DLC.Link’s announcement here: https://www.dlc.link/case-studies/dlc-link-nektar-and-enzyme-partner-to-launch-native-btc-staking-on-ethereum-mainnet

For more infos about dlcBTC, visit https://www.dlc.link/dlcbtc

rstBTC LRT token contract: 0x9c1837b56314c3cf45f78c8720ef2267f4a80450