Decentralized Finance (DeFi) protocols Badger DAO and RenVM today announced the launch of "Badger Bridge", a bridge from Bitcoin to Ethereum that will allow BTC holders to bring their Bitcoin to Ethereum and deposit it into yielding vaults allegedly with a single click.
This bridge created by Badger DAO and RenVM is the first of its kind that allows users to make profits when they make transactions in the application with their Bitcoins immediately. This was a very complex process for many users to do, but now with just a few clicks they can easily do it.
The Badger team takes a very important step by allowing its users to put their Bitcoins to work within their APP. Badger will be incentivizing the transfer of up to 100,000 BTC ($ 5 billion) with nearly $ 6 billion in rewards for users to be paid out in 25,000 BADGER and 100 DIGG.
I would like you to answer this question: Do you think that these types of applications can make many users transfer their BTC from the Exchanges to them in order to obtain passive profits?
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