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Over 1% Of Bitcoin’s Max Supply Now “At Work” – Forbes

More than 210,000 BTC (1% of the 21 million BTC supply cap) are now locked in various forms on other blockchains like Ethereum

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The amount of Bitcoin At Work, or the Total Value Locked (TVL), a measurement of the amount of BTC locked in Decentralized Finance (DeFi), has exploded over the past year.
More than 210,000 BTC (1% of the 21 million BTC supply cap) are now locked in various forms on other blockchains like Ethereuma figure worth over $11.5 billion at current USD prices.
Bitcoin At Work – 1 year chart
Screenshot – DeFiPulse
Up more than 300% BTC from my previous article, Can You Have Your Bitcoin And Eat It Too?,…

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