Although Bitcoin is the largest digital asset, it cannot be used in DeFi without first transferring it to a custodian or a bridge. However, custodian failures and bridge hacks have led to over $140Bn in losses.
DLC.Link utilizes Discreet Log Contracts, invented at MIT by the creator of the Lightning Network, to provide a trustless bridge to DeFi without centralizing or pooling assets. We will be launching dlcBTC, a non-custodial wrapped Bitcoin, in Feb 2024.