Kup Function FBTC (FBTC) w Canada

Function FBTC (fbtc) is a synthetic, omnichain, yield-bearing token that is fully backed on a one-to-one basis by Bitcoin (BTC). The project, developed by the firm Function, aims to establish financial infrastructure that allows Bitcoin holders to generate yield on their assets by engaging in structured, programmatic, and risk-managed strategies within decentralized finance (DeFi). It seeks to address the issue of idle capital within the Bitcoin ecosystem, transforming Bitcoin from a passive store of value into a productive financial instrument. The core purpose of FBTC is to enable Bitcoin to be utilized in DeFi protocols for activities such as lending, staking, and liquidity provision, without requiring holders to sell their underlying Bitcoin. It is primarily intended for institutional investors, corporate treasuries, and sophisticated DeFi users who wish to earn returns on their Bitcoin holdings. The way FBTC works involves users depositing actual Bitcoin into secure custodial addresses. An equivalent amount of FBTC is then minted on other blockchain networks. The system uses smart contracts deployed on various chains, including Ethereum and Mantle, to manage the FBTC token's lifecycle, which includes minting, burning, and cross-chain transfers. For security and secure custody of assets, the project utilizes multi-party computation (MPC) and threshold signature schemes (TSS). Function FBTC is issued across multiple networks such as Ethereum, BNB Smart Chain, Arbitrum, Base, Mantle, Bob Network, Plume Network, and Sonic. While adhering to the ERC-20 token standard for the broader Ethereum ecosystem, one source also mentions a version built on the Solana blockchain. The project was initially known as Ignition before rebranding to Function in early 2025. It is supported by various entities including Galaxy Digital, Mantle, and Antalpha Prime. Dowiedz się więcej