Introduction to Mage
One-stop Bitcoin Lending Infrastructure
Last updated
One-stop Bitcoin Lending Infrastructure
Last updated
Mage Finance stands at the forefront of innovation in the Bitcoin lending space, representing the first BTC lending infrastructure built on the Merlin Chain, a Layer 2 scaling solution. At its core, Mage Finance comprises two key components: the Mage Protocol and the Mage Chain.
: A pioneering Bitcoin lending protocol that leverages MerlinChain's zk-rollup technology to enable users to lend, borrow, and earn with ease. This protocol acts as a vital bridge, connecting the Bitcoin ecosystem with the broader DeFi landscape, thereby enhancing capital efficiency and fostering greater integration of Bitcoin-related assets.
: The world's first Bitcoin Layer 3 appchain dedicated to redefining BTC lending in the CeFi sector. It enhances interoperability with the Layer 2 Mage Protocol and employs zk-DID for robust identity verification and transaction transparency, ensuring unparalleled security and trust.
Mage Finance aims to revolutionize the utilization of Bitcoin by unlocking trillions of dollars in dormant assets, thus encouraging more expansive participation within the cryptocurrency ecosystem. Our vision is to create a seamless, secure, and efficient lending platform that not only activates idle Bitcoin but also integrates it into the DeFi space and beyond.
By bridging the Bitcoin ecosystem with alternative blockchain networks through EVM-compatible technologies, Mage Finance seeks to revitalize Bitcoin's utility and accessibility. We envision a future where Bitcoin is not only a store of value but also a dynamic asset that plays a crucial role in the digital economy, contributing to a more interconnected and efficient financial landscape.
