Neutron Launches Bitcoin Summer Campaign, Introducing High-Yield BTC Strategies And Leveraged Liquidity Opportunities
In Brief
Hadron Labs launches Bitcoin Summer on Neutron in partnership with EtherFi, Lombard, Solv, Bedrock, and Structured – a multi-phase campaign enabling ~5-50% real BTC yield.
Core development team behind the Neutron blockchain network, Hadron Labs, announced the launch of the highly anticipated BTC yield campaign, Bitcoin Summer.
Starting today, BTC holders can deposit various assets, including WBTC, eBTC, solvBTC, uniBTC, and USDC, into a range of Bitcoin Summer vaults tailored to their yield, risk, and asset preferences. These vaults unlock lending and decentralized exchange (DEX) liquidity, enabling leveraged BTC looping—one of DeFi’s largest and most successful strategies, which was previously unavailable to BTC holders on such a large scale.
Through maxBTC, a token that represents real BTC yield from both on-chain and off-chain strategies, depositors can earn a base yield of approximately 5-10% in BTC. They also have the option to leverage their position up to 10x through borrowing and looping. As demand for looping increases, BTC Summer vault depositors can capture higher yields through swap fees and lending income paid by those engaging in the looping strategy.
Collectively, these mechanisms foster a real yield ecosystem on BTC, bringing established DeFi strategies to Bitcoin holders globally.
“Lombard has consistently enabled people to connect their Bitcoin to DeFi, proven by an 82% LBTC utilization rate,” said Jacob Phillips, co-founder of Lombard Finance in a written statement. “We’re excited to bring LBTC to the Neutron DeFi ecosystem and leverage its unique DeFi components to unlock real yield for LBTC holders,” he added.
Neutron’s Advanced Infrastructure Powers Bitcoin Summer Vaults, Ensuring Competitive Liquidity And Sustainable Yield For LPs
Bitcoin Summer vaults are supported by Neutron’s specialized infrastructure, which includes several key components.
A high-frequency oracle continuously updates with the latest prices, ensuring that Supervaults supply liquidity at the most competitive rates. Additionally, the cron module guarantees execution at the top of each block, preventing rebalancing transactions from being frontrun, which could otherwise result in losses for liquidity providers (LPs).
The system also features a native, fully on-chain orderbook. This infrastructure reduces the risk of adverse selection typically faced when providing BTC liquidity on-chain and enables LPs to earn sustainable, real yield.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
