MIDL is creating the first bitcoin-native DeFi category
like uniswap was pioneer with AMMs or doge with memecoins
but
this will only be category-defining IF:
✅ it's actually native L1 (it is) ✅ it works well enough that people use it (testnet was super smooth) ✅ the security model is solid (multiple audits done and on-going) ✅ institutions/maxis actually adopt it (big guys backing it like @DraperVC )
@midl_xyz is not another bitcoin L2 with extra steps
it’s the first working infrastructure for BTCFI and Runes on BITCOIN L1
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MIDL is creating the first bitcoin-native DeFi category
like uniswap was pioneer with AMMs or doge with memecoins
but
this will only be category-defining IF:
✅ it's actually native L1 (it is)
✅ it works well enough that people use it (testnet was super smooth)
✅ the security model is solid (multiple audits done and on-going)
✅ institutions/maxis actually adopt it (big guys backing it like @DraperVC )
@midl_xyz is not another bitcoin L2 with extra steps
it’s the first working infrastructure for BTCFI and Runes on BITCOIN L1