TechFlow reported that DeFi project BadgerDAO has partnered with liquid staking platform Lido to launch eBTC—a synthetic Bitcoin token backed by Ethereum.
The token enables users to earn rewards by borrowing synthetic Bitcoin without any upfront costs or interest fees.
Lido's Liquidity Observation Lab will distribute additional rewards of 15 stETH (worth approximately $55,000) to early adopters via an airdrop at the end of a one-month incentive period.
Earlier on March 20, it was reported that DeFi project Badger DAO might launch eBTC.




