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Defi on Bitcoin Soars as RSK Total Value Locked Crosses 1.3K BTC Driven by Sovryn Launch


Place/Date: - May 3rd, 2021 at 5:00 pm UTC · 4 min read
Source: RSK
RSK Network, the safest smart contract platform in the world that is secured by the Bitcoin Network, has surpassed Lighting Network (LN) total value locked in Bitcoin (BTC), and now stands at 1,445 BTCs locked. The latest milestone is another sign of a strong appetite among users for the Decentralized Finance (DeFi) sector, which defined 2020 and has extended well into the current year.
RSK smart contracts platform had over 259,000 transactions, 50,000 active accounts and reached an all time high of  72% hashing power during April. The amount of solutions and integrations in the RSK defi ecosystem has experienced a significant growth over the last couple of months. ....

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