Bifrost Bridge is a $BTC bridge secured by Cardano SPOs! It’s a fresh approach that moves away from the traditional model where a single entity controls the bridge service. This design removes centralization risks, creating a more trustworthy and sustainable ecosystem. Combined with Babel Fees that let users pay transaction costs in BTC, it’s shaping up to be the core infrastructure for real #BTCFi. It’s also fully open source. The best network to harness Bitcoin’s liquidity is Cardano, as stable and decentralized as Bitcoin itself. Cardano keeps moving forward.
We’re so confident in our ability to create great products for Cardano that we are open sourcing our Bifrost $ADA ↔ $BTC bridge. Together, we’ll boost Cardano DeFi to the top of the charts 💙
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