tBTC, a Bitcoin-pegged token on Ethereum, has begun its launch with MakerDAO and Compound support - The Block
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Quick Take
- Bitcoin-pegged ERC-20 token tBTC has begun its two-week launch process, releasing the network's platform token KEEP and some important smart contracts
- The project will roll out the remaining protocol infrastructure in the following weeks, and starting May 11 anyone will be able to place limited deposits
- MakerDAO, Compound, Uniswap, and a number of other projects have all signaled willingness to partner with tBTC as it launches
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