请叫我 MaiK
请叫我 MaiK|Jul 01, 2025 02:17
0.5% of the total token amount will be given to Yapper's Chinese and Korean sections Two rounds of massive $42.5 million financing for Coinbase, OKX led project @ PortaltoBitcoin - belonging to BTCFi infrastructure type Industry pain points aimed at addressing Traditional cross chain solutions suffer from liquidity fragmentation, packaging asset risks (due to WBTC custody vulnerabilities), and high costs. Portal, through atomic exchange technology, allows users to directly participate in PoS staking cross chain transactions using native BTC without the need for synthetic tokens or third-party intermediaries Simply put, by using it to achieve anonymous cross chain DEX, zero knowledge transactions can eliminate the risks associated with minting package tokens (wBTC, wETH) or collaborating with intermediaries Although the investment amount is quite good, the coin price PORTAL of this project has been continuously declining, and the current circulating market value is only $17.5 million, which is completely insufficient to offset the financing amount 😂, This is a project that once launched Binance Launchpool My observation summary: It represents the infrastructure innovation for the development of Bitcoin DeFi. If the concept of BTC ecological DeFi can gradually emerge, this project still has hope and may reshape the paradigm of cross chain transactions However, the project needs to overcome the triple challenges of market hot and cold cycles, technological stability, and token valuation pressure. The long-term success or failure depends on whether Bitcoin can truly become a "multi chain settlement layer", rather than just narrative speculation
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