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defizard @belizardd on x 61.1K followers
Created: 2025-05-25 09:17:55 UTC
IV. "And how does $lstBTC work?"
$lstBTC works through a structured process where custodians authorize @maplefinance to:
- Post $BTC as collateral
- Borrow stablecoins against $BTC at a conservative LTV ratio
- Acquire $CORE with these stablecoins
- Implement hedging strategies to mitigate $CORE price risks
- Stake both the principal $BTC and acquired $CORE to achieve maximum dual staking rates.
XXX engagements
Related Topics lending rates staking hedging $core stablecoins $btc maplefinance