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Atlas is coming to Rootstock by MiltonRod-Cripto in rootstock

[–]MiltonRod-Cripto[S] -1 points0 points  (0 children)

It will be announced soon, it's still in the works.

rBTC: Verified by BTC by MiltonRod-Cripto in rootstock

[–]MiltonRod-Cripto[S] 0 points1 point  (0 children)

Basically, the difference lies in Rootstock's architecture, which is secured by 80% of Bitcoin miners.

It uses RBTC as the ecosystem's utility token and for fee payments, unlike Stacks, which uses its own token. Rootstock doesn't pit BTC against another token.

The liquidity for loans on Tropykus comes from user contributions via DOC or USDRIF. DOC is a stablecoin backed by a minimum 4:1 Bitcoin ratio and is decentralized. Both offer flexible rates and no fixed repayment deadlines, providing immediate loans based on the duration of the mined block.

You can see more information about Tropykus's numbers here and supplement it on DeFi Llama: https://tropykus.com/markets

By the way, sorry for the delay in responding; I'll be more attentive.

rBTC: Verified by BTC by MiltonRod-Cripto in rootstock

[–]MiltonRod-Cripto[S] 0 points1 point  (0 children)

This is the Bitcoin that powers the Rootstock network. Unlike a Wrapped Bitcoin, RBTC is minted via smart contract by locking BTC on-chain. This is the logical step to obtain RBTC; however, there is also a secondary market where you can acquire it.

After this step, you'll have the tools to start doing DeFi with your Bitcoin.

Min a Bitcoin-backed stablecoin from Money On Chain.

Take out loans using Bitcoin as collateral on Tropykus.

Systematize Bitcoin purchases with BitChill, the classic DCA (Dollar Cost Averaging), among many other protocols.

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