{"id":"bitfi","version":1,"language":"en","title":"Bitfi","hidden":false,"content":"**Bitfi** is a [CeDeFi](https://iq.wiki/wiki/cedefi-centralized-decentralized-finance) platform designed to provide a real-yield solution for [Bitcoin](https://iq.wiki/wiki/bitcoin) holdings, offering both [Bitcoin](https://iq.wiki/wiki/bitcoin) and a [Bitcoin](https://iq.wiki/wiki/bitcoin)-pegged [stablecoin](https://iq.wiki/wiki/stablecoin) within a combined decentralized and centralized financial system.[\\[1\\]](#cite-id-23cqq4ihr6q)[\\[2\\]](#cite-id-j5m30c9bu7j)  \n![1500x500-27.jpeg](https://ipfs.everipedia.org/ipfs/QmZcZozbjchp1gJhJ6GnJcUg3DEJDn8aHRVUxmhEcQ7bMJ)  \n  \n# Overview  \n  \nFounded in 2024, Bitfi is a [CeDeFi](https://iq.wiki/wiki/cedefi-centralized-decentralized-finance) platform designed to enhance [Bitcoin](https://iq.wiki/wiki/bitcoin) returns through a real-yield solution. It uses on-chain technology alongside off-chain strategies to manage staked [BTC](https://iq.wiki/wiki/bitcoin-btc) assets securely. The platform offers both [Bitcoin](https://iq.wiki/wiki/bitcoin) and a [Bitcoin](https://iq.wiki/wiki/bitcoin)-pegged [stablecoin](https://iq.wiki/wiki/stablecoin), aiming to provide a stable environment for asset management in various market conditions.[\\[1\\]](#cite-id-23cqq4ihr6q)[\\[2\\]](#cite-id-j5m30c9bu7j)[\\[3\\]](#cite-id-rn2un24q5oh)  \n  \n# Products  \n  \n## Yield Generation  \n  \nBitfi is designed to increase returns on staked [BTC](https://iq.wiki/wiki/bitcoin-btc) using a secure and diversified approach, incorporating [staking](https://iq.wiki/wiki/staking), [DeFi](https://iq.wiki/wiki/defi), [CeFi](https://iq.wiki/wiki/cefi-centralized-finance) mechanisms, and financial strategies.[\\[1\\]](#cite-id-23cqq4ihr6q)  \n  \n## Synthetic Dollar and Internet Bond  \n  \nBitfi's Synthetic Dollar can be minted using various staked assets. This process aims to generate additional yield through smart hedging and on-chain rewards.[\\[1\\]](#cite-id-23cqq4ihr6q)  \n  \n## Staking  \n  \nBFBTC is a [Bitcoin](https://iq.wiki/wiki/bitcoin)-backed yield token that aims to utilize risk-free arbitrage to unlock [Bitcoin's](https://iq.wiki/wiki/bitcoin) potential. It seeks to optimize yields while maintaining [BTC](https://iq.wiki/wiki/bitcoin-btc) positions and ensuring deep liquidity with institutional-grade security. The platform features an auto yield-sharing mechanism that supports asset managers in [centralized finance (CeFi)](https://iq.wiki/wiki/cefi-centralized-finance) and explores high-yield opportunities in [decentralized finance (DeFi)](https://iq.wiki/wiki/defi). By integrating [CeFi](https://iq.wiki/wiki/cefi-centralized-finance) and [DeFi](https://iq.wiki/wiki/defi), Bitfi aims to create a balanced ecosystem.[\\[1\\]](#cite-id-23cqq4ihr6q)","summary":"Bitfi is a CeDeFi platform launched in 2024 to enhance Bitcoin returns through secure, diversified on-chain and off-chain strategies, including a Bitcoin-pegged...","categories":[{"id":"defi","title":"Decentralized Finance"}],"promoted":0,"tags":[{"id":"DEXes"},{"id":"CEXes"}],"metadata":[{"id":"references","value":"[{\"id\":\"23cqq4ihr6q\",\"url\":\"https://bitfi.org/#partners\",\"description\":\"Bitfi Website\",\"timestamp\":1726993230268},{\"id\":\"j5m30c9bu7j\",\"url\":\"https://x.com/Bitfi_Org\",\"description\":\"Bitfi Twitter\",\"timestamp\":1726993239348},{\"id\":\"rn2un24q5oh\",\"url\":\"https://pitchbook.com/profiles/company/616017-79#faqs\",\"description\":\"pitchbook - Bitfi\",\"timestamp\":1726993923674}]"},{"id":"website","value":"https://bitfi.org/#roadmap"},{"id":"twitter_profile","value":"https://x.com/Bitfi_Org"},{"id":"telegram_profile","value":"https://t.me/bitfi_org"},{"id":"previous_cid","value":"QmTbENsxB4WQNq1zAEkHw6ggVKF78JtkYeFX8yGjhMpYS3"}],"user":{"id":"0xf32ECD5c8f5633212f1a25A3931aDDc0CEc42938"},"author":{"id":"0xf32ECD5c8f5633212f1a25A3931aDDc0CEc42938","profile":{"username":"Tara","avatar":"QmcYZFprbPwBjahvN3cjVsdTGtYgCx8jM1Myeb7yYJyeUF"}},"media":[{"name":"1500x500-27.jpeg","id":"QmZcZozbjchp1gJhJ6GnJcUg3DEJDn8aHRVUxmhEcQ7bMJ","size":"0.07","type":"GALLERY","source":"IPFS_IMG"}],"views":30,"events":[],"linkedWikis":{"founders":[],"blockchains":[]},"founderWikis":[],"blockchainWikis":[],"images":[{"id":"QmRrQ74aGwxv8WVZRwcWUSV2dEhJg5kY3Um6V5D2xvvZCE","type":"image/jpeg, image/png"}],"ipfs":"QmTbENsxB4WQNq1zAEkHw6ggVKF78JtkYeFX8yGjhMpYS3","transactionHash":"0x44c2a2bdf488dc86a01329c7bd4f4cb1fa838322e6a40e2cebc94174268d1c90","created":"2024-09-22T08:54:16.679Z","updated":"2024-09-23T16:35:23.191Z"}