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Omnichain BTC Asset FBTC Crosses $100M In TVL, Ignition Unveils “Sparkle” Campaign"

Author
HackerNoon
Published
Wed 21 Aug 2024
Episode Link
https://share.transistor.fm/s/4bd258dc

This story was originally published on HackerNoon at: https://hackernoon.com/omnichain-btc-asset-fbtc-crosses-$100m-in-tvl-ignition-unveils-sparkle-campaign.

The landmark milestone marks the start of a new era for Bitcoin’s utility

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FBTC has crossed $100M in Total Value Locked (TVL) according to Dune. FBTC aims to liberate the growth potential of Bitcoin by becoming the standard for Bitcoin transactions, essentially rendering all other blockchains into a Bitcoin L2. Ignition also unveiled its plans for an upcoming “Sparkle’ campaign, where early FBTC holders will receive points-inspired “Sparks” for future rewards.

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