BitSmiley

BitSmiley is the MakerDAO+Compound of the Bitcoin ecosystem, providing a comprehensive solution for Bitcoin DeFi by addressing the most significant gaps in the current Bitcoin ecosystem — stability coins and lending infrastructure. In addition to offering stable coins in bitRC20 format, over-collateralized by BTC, BitSmiley also facilitates peer-to-peer lending based on BRC20. Furthermore, it has established insurance and CDS derivatives built on the lending framework.