From 5cc7d0c73d146df6bbf3c8bc59248f4513799083 Mon Sep 17 00:00:00 2001 From: Joey Campbell <94755447+JC-fin@users.noreply.github.com> Date: Mon, 16 Sep 2024 17:48:41 -0700 Subject: [PATCH] Delete src/pages/news/2024-09-09-mint-tbtc-directly-on-arbitrum.md Deleting this - images are messed up, pushed through the cms --- ...24-09-09-mint-tbtc-directly-on-arbitrum.md | 40 ------------------- 1 file changed, 40 deletions(-) delete mode 100644 src/pages/news/2024-09-09-mint-tbtc-directly-on-arbitrum.md diff --git a/src/pages/news/2024-09-09-mint-tbtc-directly-on-arbitrum.md b/src/pages/news/2024-09-09-mint-tbtc-directly-on-arbitrum.md deleted file mode 100644 index 0d9ed89a..00000000 --- a/src/pages/news/2024-09-09-mint-tbtc-directly-on-arbitrum.md +++ /dev/null @@ -1,40 +0,0 @@ ---- -template: news-item -title: "Mint tBTC Directly On Arbitrum" -description: >- - "Announcing the launch of the native Arbitrum minting portal. Bring your tBTC to Arbitrum's low-cost DeFi ecosystem without an Ethereum L1 transaction." - -date: 2024-09-09T11:09:46.661Z -tags: - - featured - - tBTC - - Bitcoin - - Ethereum - - DeFi - - Layer 2 ---- -Starting today, you can [mint tBTC on Arbitrum directly](https://arbitrum.threshold.network/home) with the new native minting portal. - -This launch from Threshold DAO gives tBTC users seamless access to the leading Ethereum L2. Now, Bitcoin holders can access Arbitrum's $2.5B DeFi ecosystem to earn yield, borrow against their BTC, or trade perps. - -![](static/img/native minting dashboard.png "Arbitrum Native Minting Portal") - -The minting portal should also improve the trading experience by bringing improved liquidity to the Arbitrum ecosystem for tBTC users. - -The launch includes a tBTC Native Minting Dapp built for Arbitrum users, a powerful off-chain relayer, a tBTC SDK extension for Arbitrum ecosystem builders, and a long-term tBTC on Arbitrum rewards program. More info can be found at the [Threshold Blog](https://blog.threshold.network/), and you can check out the [tBTC SDK documentation](https://docs.threshold.network/app-development/tbtc-v2/tbtc-sdk) for more information on how to start building. - -tBTC offers users a trust-minimized way to bring their Bitcoin holdings into the EVM and Solana ecosystems, effectively giving their Bitcoin wheels and making it a productive asset. - -The total count of tBTC holders has jumped significantly in recent months, signaling that the market is further embracing decentralized alternatives in the tokenized Bitcoin market. - -![](static/img/dune dashboard.png "tBTC Holders & Supply") - -Outstanding supply currently stands at [~3,400 tBTC](https://dune.com/threshold/tbtc), with a majority on Ethereum L1. Now, users can enjoy all the same benefits that tBTC offers directly on Arbitrum. - -The Threshold DAO also put together some incentive buckets thanks to the Arbitrum grants program: - -- 200k ARB for ongoing liquidity pool incentives -- 20k ARB for tBTC lending protocol incentives -- 50k ARB for long-term tBTC on Arbitrum holders - -Check out more info from [Threshold](https://threshold.network/) and start minting your tBTC on Arbitrum today.