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Recently, the Sui ecosystem announced the launch of a series of BTCFi activities to provide users holding Bitcoin-related assets with a variety of income opportunities. These activities cover various aspects such as deposits, task completions, and participation in learning, aiming to activate the application of Bitcoin assets within the Sui ecosystem.
Main activities include: the xBTC deposit reward program on the SatLayer platform, which will last until October 1, 2025; the tBTC Galxe event launched by the Bluefin platform, with a prize pool of $5,000; the Cryptopedia event hosted by OKX Wallet, aimed at helping users understand the operational mechanisms of Sui's native DeFi; deposit reward activities for xBTC, USDC, and SUI on the NAVI and Momentum platforms; the BTC staking program on the Lombard platform; and the opportunity to transfer wBTC to the Sui network through Sui Bridge to participate in DeFi activities.
The launch of these activities reflects the Sui ecosystem's emphasis on the BTCFi field and provides Bitcoin holders with more diversified asset utilization options. By participating in these activities, users can not only gain additional income but also gain a deeper understanding of the DeFi functionalities of the Sui ecosystem, thereby exploring the potential value of Bitcoin on emerging blockchain platforms.
It is worth noting that most of these activities have clear time frames, and users need to pay attention to the specific start and end times of each activity in order to participate in a timely manner. At the same time, participants should also carefully assess the risks and returns of various activities and make wise investment decisions based on their own circumstances.
As the concept of BTCFi continues to evolve, we can foresee that there may be more innovative activities and products emerging in the future, further expanding the application scenarios of Bitcoin in the decentralized finance space. This not only brings new opportunities for Bitcoin holders but also helps to promote the development and maturity of the entire cryptocurrency ecosystem.