Decentralized finance (DeFi) protocol Build on Bitcoin (more commonly known as “BOB”) unveiled a system that lets bitcoin (BTC) holders move their assets into decentralized trading apps with a single click, the company said on Tuesday.
„BOB Gateway” connects native Bitcoin to LayerZero’s “omnichain fungible token” (OFT) version of wrapped BTC, an asset issued by BitGo. The integration extends to 11 blockchains including Ethereum, Avalanche and Base, bringing access to nearly 15,000 decentralized apps that can now support direct Bitcoin deposits.
Until now, most of these blockchains lacked a straightforward way to connect to Bitcoin. Users often had to navigate complex bridging processes, which carried both technical friction and security risks.
With BOB Gateway, they can move between native BTC and wBTC.OFT in one step, a change that could make strategies such as yield farming or looping trades more accessible to retail and institutional investors alike.
Yield farming and lo
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