The Solution

Atlas Protocol addresses the Bitcoin staking dilemma with innovations focused on security and utility, such as native BTC liquid staking and seamless cross-chain DeFi.

Direct Staking on the Bitcoin Network
- Users can stake their Bitcoin directly on the Bitcoin network, ensuring full security and decentralization.
Flexible atBTC Minting
- Specify the chain on which you wish to receive atBTC, the liquid staking token. This one-step process eliminates complex bridging procedures and multiple transactions, making Bitcoin DeFi more accessible.
Yield Opportunities Without Bridging
- Atlas provides various yield opportunities for BTC holders without the need for bridging or centralized custody, enabling users to earn while retaining utility.
Leveraging NEAR Protocol
- By utilizing the NEAR blockchain for chain signatures and chain abstraction, Atlas ensures transaction integrity and simplifies cross-chain interactions, offering a smooth user experience.

With Atlas, BTC holders can:

Stake Native BTC and Earn Yield with Full Security
- Benefit from a decentralized staking mechanism without compromising on security.
Receive atBTC at a 1:1 Ratio on Any Chain
- Provides flexibility across multiple blockchain networks.
Participate in DeFi to Earn Additional Yield
- Use atBTC in various lending, borrowing, or LP opportunities.
Redeem atBTC Anytime for Native BTC
- Ensures liquidity and maintains control over their assets.

Last updated 7 months ago