radFi Enables Onchain bUSD Trading on Bitcoin

radFi is a decentralized finance (DeFi) protocol designed to bring automated market making (AMM) and instant asset swaps directly to the Bitcoin blockchain. Unlike most DeFi platforms that operate on Ethereum or other smart contract platforms, radFi executes trades entirely on the Bitcoin mainnet, enabling native support for Bitcoin-based assets such as runes.

Key Features

Automated Market Making (AMM): radFi allows users to become liquidity providers (LPs) by depositing BTC and runes into customizable liquidity pools. This setup enables users to earn yield by facilitating trades within specified price ranges.
Instant Swaps: Traders can perform near-instant swaps between Bitcoin-native assets multiple times within a single block, with settlement occurring at the end of the block. This feature caters to active traders seeking rapid execution.
Inspired by Light Pools: radFi builds upon the concept of Light Pools, where users run nodes that quote prices for swaps between Bitcoin-native assets. By integrating AMM-style pricing and automation, radFi aims to make participation more accessible to users without deep technical expertise, thereby enhancing liquidity for Bitcoin tokens.

In summary, radFi offers a novel approach to DeFi by enabling AMM and instant swaps directly on the Bitcoin network, expanding the utility of Bitcoin-native assets and providing users with new opportunities for yield generation and trading.

Introducing bUSD: The First Dollar-Backed Stablecoin on Bitcoin

bUSD is a groundbreaking stablecoin that brings real, redeemable dollars to the Bitcoin blockchain without the need for bridges, wraps, or exchanges. This innovation allows users to trade and hold a dollar-pegged asset directly on Bitcoin, enhancing the DeFi ecosystem’s utility and accessibility.

Key Features of bUSD:

1:1 Redemption: Each bUSD token is redeemable for 1 USDC or 1 USDT on Ethereum, ensuring liquidity and trust.
On-Chain Proof of Reserves: bUSD maintains full transparency with verifiable on-chain reserves, allowing users to audit the backing assets at any time.
Seamless Integration with radFi: bUSD is fully integrated into the radFi platform, enabling users to trade between BTC and bUSD instantly, facilitating strategies like buying BTC at lows and selling at highs in real-time.

The introduction of bUSD marks a significant milestone in Bitcoin’s DeFi journey, providing a stable, dollar-pegged asset that operates natively on the Bitcoin network. This development opens new avenues for traders and users seeking stability without compromising on decentralization or security.

Explore radFi and start trading with bUSD today at radfi.co

Bitcoin’s first dollar-backed stablecoin: bUSD – bound.money