jeromeloman on Nostr: Never looked into wrapped btc until today. Are the btc locked up similarly to a ...

Never looked into wrapped btc until today.
Are the btc locked up similarly to a fedimint, is it same trade off or is there some more trade off due to the entire of eth and dapp dao system?
Anyway chasing yield with wbtc got have some drawback. Whatever liquidity you provide as a form of btc, eventually will be liquidated. We saw what happened with genesis…