Core

1/ A new Bitcoin yield primitive is now live on Core. 💧

@bits_financial turns idle BTC into a liquid, composable ERC-20 asset that earns ~2.4–5% APY.

Institutional custody. Real counterparties. Full composability.

Introducing $BITS. 👇🧵

2/ @bits_financial is a Bitcoin-backed yield marketplace.

Users deposit BTC, cbBTC, or wBTC → receive $BITS (ERC-20) → earn real BTC-denominated yield from institutional counterparties.

BTC stays in cold storage. Yield is on-chain.

3/ Here’s how $BITS works:

• Complete KYC verification

• Deposit BTC, cbBTC or wBTC

• BTC is locked (not lent) with top institutions

• Lenders pay ~2.4% APY to encumber it

• $BITS is minted on Core

• Yield flows back monthly → buys & burns $BITS

Your BTC works. $BITS supply shrinks. 🦾

4/ Want more?

You can stake $BITS for 5 months to boost returns to ~4–5% APY.

The longer you commit, the more you earn.

5/ What makes BITS unique?

• BTC never leaves institutional custody

• Full KYC + wallet-level proof of reserves

• 32-day redemption notice (no liquidity games)

• Built-in liquidity via $BITS on Core

6/ This isn’t wrapped Bitcoin. It’s upgraded Bitcoin.

On-chain liquidity. Real yield. Institutional compliance.

All in a single ERC-20 token backed by 1:1 BTC in cold storage.

7/ A compliant, auditable BTC yield instrument built for institutions and accredited investors.

BITS bridges the gap between custody and composability.

Live now on Core 👇 🔶.

  bits.financial