B14g's Bitcoin Reinvestment App Experiences 500% Growth, Reaching a TVL of $12 Million
In the rapidly evolving world of DeFi, a new player named B14g has emerged, making waves with its innovative Merge Marketplace. Launched in December 2024, B14g's flagship product is a platform designed to connect stakers holding different types of assets.
The Merge Marketplace has been making headlines for its unique approach to staking, allowing participants to engage in BTC merge-staking without the need to hold both BTC and its partner token, Core. This groundbreaking feature lowers entry barriers, enabling Bitcoin holders to maximise their returns without the need to acquire additional Core tokens.
The Merge Marketplace currently connects with Core, making it possible for users to reap the benefits of Core's dual-staking program without the hassle of managing two assets. Instead, users can leverage the platform to connect with holders of both tokens and optimise their returns.
B14g's dual-staking program offers higher yield tiers, with the staking ratios as follows: Staking Ratio R1 = 1,000 Core per 1 BTC, Staking Ratio R2 = 3,000 Core per 1 BTC, and Staking Ratio R3 = 8,000 Core per 1 BTC.
On January 31, the platform experienced record daily inflows, with users locking over $2 million worth of BTC. Thanks to its innovative approach and growing popularity, B14g has become the 15th largest DeFi app on Bitcoin, with a total value locked (TVL) of $12 million, as reported by DefiLlama. Bitcoin accounts for 93% of all deposits, totaling $11.2 million. As of this writing, B14g has 1.1 million Core tokens and 107.4 BTC deposited on its platform, with a combined value of $12.6 million.
For those interested in learning more about B14g's dual-staking program and how to optimise staking ratios, the project's official communication channels are the best resources. Consult their official website or staking portal, documentation or FAQs related to dual-staking programs, community forums, or social media updates from the project team for the most accurate information.
- The daily inflows on B14g's Merge Marketplace, reaching over $2 million worth of BTC, prove it to be one of the best DeFi apps in the Bitcoin network.
- For technology enthusiasts and investors seeking to optimize their returns, B14g's innovative Merge Marketplace, offering a dual-staking program with higher yield tiers, is a promising news development in the finance sector.
- In the rapidly evolving landscape of DeFi, daily news updates highlight the growing popularity of B14g's Merge Marketplace, pushing it up to the 15th largest position in terms of Total Value Locked (TVL), with a significant part of its assets in Bitcoin.
