BitSmiley (SMILE)

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.

Funding Round: $10M

Whitepaper

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What is BitSmiley

BitSmiley offers comprehensive Bitcoin DeFi solutions to bridge the stablecoin and lending infrastructure gaps within the Bitcoin ecosystem. Its main product is an over-collateralized stablecoin based on Bitcoin. Users can utilize Bitcoin as collateral for BitSmileyDAO and Mint BitUSD.

At the heart of bitSmiley.io’s development is a multi-chain stablecoin initiative aimed at delivering enhanced security and flexibility for users across blockchain networks. This demonstrates bitSmiley.io’s commitment to a user-centric DeFi experience.