bfBTC
Asset Class: Secondary Market Strategy
bfBTC represents BitFi's native route for Bitcoin holders to unlock CeDeFi yields. The token is minted when BTC is bridged on-chain, then deployed into mirror trading, liquidity, and DeFi strategies coordinated by Ceffu's MirrorX engine. The resulting revenue—combined with protocol-level incentives—is distributed back to bfBTC holders, so the token's exchange ratio steadily grows while remaining redeemable 1:1 for native BTC across chains.
- Asset Class
- Secondary Market Strategy
- Minimum Investment
- 10 USD
- Fees
- bfBTC fees consist of two components: a fixed fee and a percentage-based fee. Both are denominated in bfBTC and are charged only when users withdraw.
- On Pharos Network, bfBTC currently supports Native Withdraw: bfBTC is burned on Pharos and BTC is redeemed on the Bitcoin network.
- The current Native Withdraw fee on Pharos is a fixed 0.00002 bfBTC per withdrawal.
- Asset Manager
- Bitfi
- Asset Issuer
- BFI Foundation (Bithorizon Foundation)
- Liquidity
- Daily
- KYB Requirements
- Permissionless
- Geographic Restrictions
- US
- Risk Profile
- Conservative
- Investor Profile
- Institutional & retail BTC holders seeking low-risk native yield while retaining full Bitcoin exposure; delta-neutral, risk-averse profile.
- Source(s) of Return
- Arbitrage