This time on the Social Block, we dive into the fascinating world of Bitcoin DeFi and Bitcoin-based stablecoins, exploring their potential and impact on the ecosystem. Joining us is Jakob Schillinger, Founder and CEO of Hermetica – the first Bitcoin-backed, yield-bearing synthetic dollar protocol on Runes and Stacks.

Episode #22: Bitcoin DeFi & Bitcoin-based Stablecoins

Here’s what you can look forward to in this episode:

🎉 Bitcoin-based Stablecoins: The rationale behind creating a stablecoin that can live on the Bitcoin blockchain.

👀 A chat on why stablecoins are outpacing even Bitcoin adoption in growth.

📊 Bitcoin DeFi: The thriving DeFi economy on Bitcoin and stats around TVL in DeFi.

🌅 Why Jakob thinks we are exiting what he calls “the Bitcoin Dark Ages” and marking a new era for Bitcoin.

More from the Pod…

🎵TikTok: Catch episode highlights and more on the Social Block’s TikTok channel. Ideal for quick updates!

✉️Got thoughts or questions? Email us or connect with Magy on Twitter. Your feedback is invaluable to us! 

🎧Don't forget to listen, like, and subscribe to the Social Block on YouTube, Spotify, Apple Podcasts, Google Podcasts, and more.

Other Episodes 🔁

• Episode #21: Post-Halving Play-by-Play

• Episode #20: DeFi Points Farming & Stuff

• Episode #19: Gaming Wars? Big Tech v. Web3

• Episode #18: The Halving and the Hype.

• Episode #17: Blockchain’s Backbone – Nodes & More

• Episode #16: Zero Knowledge & the Future of Trust

• Even more episodes can be found here. 

Wishing you a happy and insightful journey into the world of tech and blockchain.

These materials are accessible globally, and the availability of this information does not constitute access to the services described, which services may not be available in certain jurisdictions. These materials are for general information purposes only and not intended as financial, legal, tax or investment advice, offer, solicitation, recommendation, or endorsement to use any of the Nexo Services and are not personalized, or in any way tailored to reflect particular investment objectives, financial situation or needs.

Digital assets are subject to a high degree of risk, including but not limited to volatile market price dynamics, regulatory changes, and technological advancements. The past performance of digital assets is not a reliable indicator of future results. Digital аssets are not money or legal tender, are not backed by the government or by a central bank, and most do not have any underlying assets, revenue stream, or another source of value. 

Independent judgment based on personal circumstances should be exercised, and consultation with a qualified professional is recommended before making any decision.