Lambda Finance
Lambda Finance
Lambda introduces btcUSD, a permissionless and efficient BTC-backed stablecoin, unlocking Bitcoin liquidity for DeFi applications.

Lambda's mission is to unleash Bitcoin's liquidity for Defi by allowing users to mint a stablecoin btcUSD collateralized by Bitcoin equivalents.

btcUSD is the first licensed fork of Curve Finance's crvUSD, and thus inherits all of crvUSD's groundbreaking features and competitive advantages, including but not limited to soft liquidations, reactive peg defense mechanisms, and immense value capture for governance token holders.