The idea of using de-fi technologies to accumulate Bitcoin is not new at all.
I considered several interesting ideas:
-
Michael Saylor strategy — Microstrategy (Strategy).
-
Amazon flywheel, which can be applied in crypto.
A rough plan of action.
- Create cash flow that gives rewards.
For example: a liquidity pool.
-
Then exchange the rewards for wrapted Bitcoin and send them to a service that allows you to take a loan against the wrapted Bitcoin, for example, in USDC (for example: Aave).
-
Then send USDC back to the liquidity pool.
-
Repeat steps 1-3 until a certain amount of Bitcoin is accumulated.
These wrapted bitcoins can now be withdrawn, for example, to any bitcoin wallet (bridge).
Example:
Flow Diagram:
[Solana]
Orca LP (SOL-USDC)
↓
Earn: SOL (compounded)
USDC → Arbitrum
[Arbitrum]
Aave: Supply WBTC
Borrow USDC → Base
[Base]
Aerodrome LP (WETH–cbBTC)
↓
Earn: cbBTC → BTC → Cold Storage