Corn (CORN): The Next-Gen BTCFi Solution

For years, the Bitcoin (BTC) blockchain trailed behind its key rival, Ethereum (ETH), in decentralized finance (DeFi) adoption for one simple reason — the world’s oldest chain lacks any sort of native smart contract functionality. However, the last few years have seen healthy growth in Bitcoin DeFi solutions, thanks to the numerous Layer 2 rollups, sidechains and other protocols that have introduced Bitcoin-linked smart contract capabilities. 

The Bitcoin blockchain’s finance ecosystem — referred to as BTCFi, a portmanteau of the words “Bitcoin” and “Finance” — is now expanding rapidly, with numerous protocols that provide yield-generating opportunities, enable token swaps, consolidate DeFi lending rates and provide other crypto finance services.

One of the most interesting upcoming BTCFi projects is Corn (CORN), an Ethereum virtual machine (EVM)–compatible platform that allows you to use your BTC in various protocols across both the EVM and Cosmos ecosystems.

As a cross-chain project, Corn is expected to contribute significantly to expanding BTCFi opportunities. The platform is envisioned to operate in a dual-token mode, with the BTCN and CORN tokens enabling a variety of crypto finance use cases. BTCN is of particular interest, with its unique 1:1 Bitcoin-backed mechanism and Bitcoin Clearing House mint system.

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