LoopedBTC
Earn yield on your BTC via an automated collaterized lending strategy.
loopedBTC (LcBTC) is a cross-chain Bitcoin yield strategy enabling BTC holders to earn ~5% base APY, plus incentives, while maintaining full Bitcoin exposure through conservative collateralized lending across Ethereum and HyperEVM ecosystems.
What is LcBTC?
LcBTC is issued as a receipt token when a user deposits into the loopedBTC protocol. LcBTC represents a user's collateralized BTC, plus any BTC yield accrued from the underlying yield strategy.
Key Info
Target APY: ~5%
Performance Fee: 10%
Management: Edge Capital
Deposit Assets: WBTC, cbBTC, soon uBTC & BTC
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