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B14g, a Bitcoin staking platform, noticed its whole worth locked (TVL) soar over 500% previously month, crossing the document $12 million mark on January 31, as per DefiLlama. The platform, which launched in December 2024, has change into the best-performing restaking app in DeFi.
B14g’s flagship product is the Merge Market, a platform that connects stakers holding various kinds of property. Members can have interaction in BTC merge-staking by committing one complementary token, unlocking increased rewards with no need to carry each property.
The Merge Market supplied by b14g at present connects with Core, enabling customers to learn from the blockchain’s dual-staking with out having to deposit each BTC and CORE, decreasing entry obstacles and serving to BTC maximize returns. In Core dual-staking, customers can unlock increased yield tiers in the event that they stake each BTC and CORE primarily based on the next ratios:
Staking Ratio R1 = 1,000 CORE per 1 BTC
Staking Ratio R2 = 3,000 CORE per 1 BTC
Staking Ratio R3 = 8,000 CORE per 1 BTC
As an alternative of shopping for extra CORE tokens to be eligible for its dual-staking program, customers can leverage b14g, which connects holders of each tokens and helps everybody maximize returns.
For instance, if a person has BTC however no CORE, they’ll seek for CORE holders linked to the platform to merge with them.
As of this writing, b14g has 1.1 million CORE tokens and 107.4 BTC deposited on its platform, which collectively are valued at a document $12.6 million. Bitcoin accounts for 93% of all deposits, totaling $11.2 million.
On January 31, the platform skilled document every day inflows, with customers locking over $2 million price of BTC.
Due to its speedy improve, b14g has change into the fifteenth largest DeFi app on Bitcoin.
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