The Most sophisticated DeFi in 2022 based on BTC

You will love this high tech DeFi project

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Portal Defi is a decentralized financial platform that blends the
best of Bitcoin and Layer 2

With Portal, Decentralized finance becomes uncensorable, peer to peer, and trust minimized. Just like the underlying properties of Bitcoin. Portal swaps move provable execution of cross chain contracts to layers 2 and 3, which allows the speed and liquidity of centralized alternatives, with the trust minimization guarantees of Bitcoin. Moreover, transactions are much faster and cheaper than Layer 1 transactions.

We enable peer-to-peer, decentralized, censorship-resistant applications as layers on Bitcoin.
Using Fabric, we enable web scale, serverless infrastructure with strong privacy and security guarantees.

Portal’s layer 2 and layer 3 atomic swap technology can be used for a general purpose market for data and computation. Our goal is to replace the web server model which is prone to centralization by design and architecture with a free market for data and computation. Fabric, the underlying protocol Portal uses extends Bitcoin’s functionality today without needing any BIPs.

#Portal #Bitcoin #DeFi

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