Master Protocol, a one-stop BTCFi platform, announced the official launch of its BTC LSDFi product, Master Yield Market. The product aims to integrate all yield-generating assets in the Bitcoin ecosystem, package and subdivide them into MPT and MYT, and provide users with seamless trading services. Users can directly participate in MPT and MYT through LSD, USDT, ETH or WBTC, fully tapping the potential of assets to obtain substantial returns.
According to its official website, the platform currently supports Bouncebit's native assets stBB and stBBTC, and will continue to support more Bitcoin ecosystem yield assets such as Botanix, Babylon, Lorenzo, Bitlayer, etc. in the future.
Master Protocol is committed to becoming a one-stop Bitcoin financial platform, providing products and services for every value chain link in the Bitcoin ecosystem. Its second NFT series "Master Yield Pass" will soon be free minted. After staking, holders can share the transaction fees of the Yield Market platform, while also earning points from the transaction pool and referral pool, and getting additional points bonuses. These points can be exchanged for Master Protocol mainnet tokens in the future.