Bitcoin.com News
Bitcoin.com News|Mar 13, 2025 10:32
Hemi has officially launched its mainnet, positioning itself as a significant player in the decentralized finance (DeFi) space! 🌐 The platform has secured over 440 million in total value locked (TVL) and partnered with more than 50 ecosystem protocols. Founded by early Bitcoin developer Jeff Garzik, Hemi aims to unify Bitcoin and Ethereum into a single supernetwork, enhancing scalability, security, and interoperability. Hemi will support a wide range of DeFi applications, including decentralized exchanges, lending protocols, and vaults, while offering users the ability to earn rewards through its staking protocol without lockup periods. Its innovative approach integrates a full Bitcoin node within an Ethereum Virtual Machine, allowing developers to create applications that leverage the strengths of both blockchains. As the DeFi landscape faces challenges, Hemi's launch comes at a crucial time, promising to inject liquidity and expand the capabilities of Bitcoin-based DeFi ecosystems. What are your thoughts on Hemi's approach to bridging Bitcoin and Ethereum? Let us know! 💬
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