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Shell Finance: The Decentralized Central Bank of Bitcoin

The RunesTerminal Apes have forged yet another strategic partnership — this time with Bitcoin DeFi pioneers, Shell Finance. This collaboration aims to enhance the Bitcoin financial ecosystem by combining Shell Finance’s decentralized stablecoin system with RunesTerminal’s industry-leading Runes infrastructure.
7/28/2024
btcterminal.io
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The RunesTerminal Apes have forged yet another strategic partnership — this time with Bitcoin DeFi pioneers, Shell Finance.

This collaboration aims to enhance the Bitcoin financial ecosystem by combining Shell Finance’s decentralized stablecoin system with RunesTerminal’s industry-leading Runes infrastructure.

About Shell Finance

Shell Finance is a stablecoin protocol built on the Bitcoin Layer 1 network.

It allows users to leverage Bitcoin L1 assets (BTC, Ordinals NFT, Runes, BRC-20, ARC-20 assets) as collateral to obtain $bitUSD.

This $bitUSD can be used in other DeFi protocols, or even sold for fiat, while still retaining ownership of the original assets.

Key The RunesTerminal Apes have forged yet another strategic partnership — this time with Bitcoin DeFi pioneers, Shell Finance.

This collaboration aims to enhance the Bitcoin financial ecosystem by combining Shell Finance’s decentralized stablecoin system with RunesTerminal’s industry-leading Runes infrastructure.

About Shell Finance

Shell Finance is a stablecoin protocol built on the Bitcoin Layer 1 network.

It allows users to leverage Bitcoin L1 assets (BTC, Ordinals NFT, Runes, BRC-20, ARC-20 assets) as collateral to obtain $bitUSD.

This $bitUSD can be used in other DeFi protocols, or even sold for fiat, while still retaining ownership of the original assets.

Key Features and Benefits

Shell Finance offers some of the best borrowing conditions on the market, with the following key benefits:

  1. Trustless: All core functions of Shell Finance services are implemented using trustless Bitcoin script contracts.
  2. Peer-to-Pool: An advanced Peer-to-Pool framework allows users to maximize their funds in the stablecoin lending sector
  3. Bitcoin Native Yield: Allows users to earn more $bitUSD through staking.

Why Shell Finance Matters for RunesTerminal Users

For RunesTerminal users, the integration with Shell Finance brings substantial benefits:

  • Enhanced Liquidity: By participating in Shell Finance’s liquidity pools, users can enjoy higher liquidity for their assets, making transactions faster and more efficient.
  • Increased Earnings: The staking options provided by Shell Finance offer additional income opportunities, making the platform more attractive for long-term investment.
  • Comprehensive Ecosystem: The partnership combines the strengths of both platforms, providing users with a more holistic and integrated financial experience.
  • RunesPad Listing: Shell Finance’s native token is yet to launch — RunesPad is likely to be home to their TGE (watch this space)

Follow Shell Finance and RunesTerminal on X(Twitter) for more updates! and Benefits

Shell Finance offers some of the best borrowing conditions on the market, with the following key benefits:

  1. Trustless: All core functions of Shell Finance services are implemented using trustless Bitcoin script contracts.
  2. Peer-to-Pool: An advanced Peer-to-Pool framework allows users to maximize their funds in the stablecoin lending sector
  3. Bitcoin Native Yield: Allows users to earn more $bitUSD through staking.

Why Shell Finance Matters for RunesTerminal Users

For RunesTerminal users, the integration with Shell Finance brings substantial benefits:

  • Enhanced Liquidity: By participating in Shell Finance’s liquidity pools, users can enjoy higher liquidity for their assets, making transactions faster and more efficient.
  • Increased Earnings: The staking options provided by Shell Finance offer additional income opportunities, making the platform more attractive for long-term investment.
  • Comprehensive Ecosystem: The partnership combines the strengths of both platforms, providing users with a more holistic and integrated financial experience.
  • RunesPad Listing: Shell Finance’s native token is yet to launch — RunesPad is likely to be home to their TGE (watch this space)

Follow Shell Finance and RunesTerminal on X(Twitter) for more updates!