Quick TaketBTC – an Ethereum-based token backed by and pegged to Bitcoin – has entered into a code freeze and gone into audit; the team is now eyeing a v1 mainnet release in MarchAccording to project lead Matt Luongo, tBTC’s redemption feature will allow it to garner more interests from bitcoiners than synthetic versions of bitcoin like WBTCThe team has plans to integrate with lending platforms like Compound immediately after launch, but low liquidity could potentially prevent tBTC from becoming a collateral option in the near future.
