Key Highlight: 30% APY Bitcoin Rewards
Bitcoin.com, a trailblazer in the Bitcoin and crypto space since 2015, has launched Bitcoin rewards at an impressive 30% APY. The rewards accumulate in real-time without lockups or custodial risk, paid in tBTC, Threshold Network’s breakthrough Bitcoin bridge that brings decentralized finance (DeFi) capabilities to Bitcoin, enabling faster transactions, flexible trading, lending, and more.
How to Participate: Stake VERSE Tokens
Anyone around the world can start earning Bitcoin rewards now on Bitcoin.com’s decentralized exchange Verse DEX or via the Bitcoin.com Wallet app, where over 50 million self-custody wallets have been created. Rewards are automatically distributed to depositors of Bitcoin.com’s VERSE token in the audited VERSE staking contract on Ethereum. As of writing, the tBTC yield for staking VERSE stands at 30.65%, though the rate is variable. Users can track the most up-to-date yield on Verse DEX.
tBTC: The Decentralized Key to Bitcoin DeFi
tBTC is a decentralized wrapped Bitcoin, backed 1:1 by Bitcoin on the mainnet, operating on Ethereum. Unlike centralized solutions such as WBTC, which rely on intermediaries, tBTC uses a group of node operators on the Threshold Network secured through threshold cryptography. This system prevents any single operator from seizing control of deposits, ensuring maximum security and decentralization. Because tBTC lives on Ethereum, users benefit from faster transaction speeds and potentially lower fees compared to Bitcoin’s native network. Additionally, tBTC can be leveraged in the DeFi ecosystem, enabling yield opportunities through lending, liquidity provision, and more.
“We are excited to support Bitcoin.com in its mission to democratize finance and educate people about the potential of Bitcoin beyond its original mainnet,” said Threshold Network contributor Matt Luongo. “Threshold Network’s tBTC is a key part of unlocking this potential, and we look forward to empowering more users to take advantage of the broader possibilities that decentralized finance offers.”
VERSE Token: Onboarding the World to DeFi
VERSE is the rewards token for the Bitcoin.com ecosystem. Built to onboard people into decentralized finance, VERSE (available on Ethereum and Polygon) aims to guide individuals as they explore the next evolution of financial technology—one that is open, permissionless, and decentralized. Anyone can get started earning VERSE in Bitcoin.com’s Rewards Center by completing simple tasks like buying and trading Bitcoin and crypto.